Global RFID Locks Market Expected to Touch a Value of US$ 16,450.6 Mn in 2026
Rising preference for automation in security, interoperability between electronic devices, and ease of use owing to increasing smartphone penetration, remain the key driving factors of the growth in the RFID locks market. Concerns about increasing incidences of burglaries, property crime and home invasions has put further emphasis on the demand for RFID locks in the residential and renovation sectors. Revenues from the RFID lock market are estimated to reach a value of US$ 16,450.6 Mn at an impressive CAGR of...
View full press release