Access Control Market Worth 9.80 Billion USD by 2022, at a CAGR of 7.49%
The access control market was valued at USD 5.92 Billion in 2015 and is expected to reach USD 9.80 Billion by 2022, at a CAGR of 7.49% between 2016 and 2022. The market growth can be directly linked with the growth of the urbanization and increased security threats across the world. Technological developments and convergence of mechanical and electronic security products are the other factors driving the growth of the market.
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