Lucintel Forecasts the Global Biometrics Locks Market is expected to grow with a CAGR of 17.4% from 2025 to 2031
Lucintel Forecasts the Global Biometrics Locks Market is expected to grow with a CAGR of 17.4% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global biometrics locks market
looks promising with opportunities in the residential and non-residential markets. The
global biometrics locks market is expected to grow with a CAGR of 17.4% from 2025 to
2031. The major drivers for this market are the growing sophistication of biometric
technology, rising regulations surrounding data security, and increase in technological
advancement.
A more than 150-page report to understand trends, opportunity and forecast in
biometrics locks market to 2031 by type (fingerprint recognition, face recognition, and
iris recognition), application (residential and non-residential), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, fingerprint recognition is expected to
witness the highest growth over the forecast period.
Within the application category, non-residential is expected to witness the higher
growth.
Download sample by clicking on biometrics locks market
In terms of region, APAC is expected to witness the highest growth over the forecast
period.
Assa Abloy, Samsung Digital Life, Dormakaba Group, Stone Lock, Adel Locks,
Tapplock Corp., Allegion, Westinghouse Security, Itouchless, Anviz Global are the
major suppliers in the biometrics locks market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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