Digital Door Lock Systems Market

1. Smart Materials Market Report- Forecast 2023 Digital Door Lock Systems Market Report-Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.

2. Smart Materials Market Report- Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.

3. Smart Materials Market Report- Forecast 2023 Summary Growing demand for enhanced home security solutions is one major factor driving the growth of digital door lock systems market. Technology giants such as Honeywell International, Hanman International Pte Ltd., Nestwell Technologies, Godrej & Boyce Manufacturing Company Ltd., Cisco Systems, Inc., Allegion PLC., Panasonic Corporation and Hitachi Ltd. are a few of the major players in the global digital door lock systems market. Increasing demand for efficient and cost-effective digital door security systems and solutions at workplaces is also one of the major factors driving the growth of the global Digital Door Lock Systems Market. Furthermore, increasing popularity of advanced security solutions such as face recognition and fingerprint recognition is another factor responsible for fueling the growth of the global digital door lock systems market. The biometrics sub segment falling under the segment type is expected to hold the largest market share of the digital door lock systems market and is also expected to grow at the highest rate over the forecast period owing to the increasing deployment of high-level security solutions. The growth of biometrics segment is also due to the wide scale deployment of fingerprint recognition devices across residential and commercial sectors. P a g e | 3 Copyright © 2017 Market Research Future.

4. Smart Materials Market Report- Forecast 2023 Major Key Players: Hanman International Pte Ltd. (Singapore), Nestwell Technologies (India), Godrej & Boyce Manufacturing Company Ltd. (India), Cisco Systems, Inc. (U.S.), Allegion PLC (Republic of Ireland), Panasonic Corporation (Japan), Hitachi Ltd. (Japan), Wintec Electronic Tech Co. Ltd. (China), Assa Abloy Group (Sweden), Xeeder Technology Co. Ltd. (China), United Technologies Corporation (U.S.), Vivint, Inc. (U.S.), Honeywell International Inc. (U.S.), Siemens AG (Germany), Tyco International Ltd. (Republic of Ireland). P a g e | 4 Copyright © 2017 Market Research Future.

5. Smart Materials Market Report- Forecast 2023 Segmentation: The global digital door lock systems market is segmented by type and end user. Based on the type, the market is segmented into biometrics and keypad. The biometrics sub- segment is further classified into face recognition, iris recognition, palm recognition, voice recognition, signature recognition and fingerprint recognition. The keypad sub- segment is further classified into magnetic stripe locks, electromechanical door locks, and electric strike locks. Whereas, based on the end user, the market is segmented into commercial, industrial, residential and government. P a g e | 5 Copyright © 2017 Market Research Future.

6. Smart Materials Market Report- Forecast 2023 Regional Analysis: The global digital door lock systems market is studied in Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia Pacific is projected to grow at the fastest rate during the forecast period. The growth of the market in North America is attributed to technological advancements and increased adoption of safety and security measures across various industry verticals. P a g e | 6 Copyright © 2017 Market Research Future.

7. Smart Materials Market Report- Forecast 2023 (Germany) are focusing on the digital utilities transformation. P a g e | 7 Copyright © 2017 Market Research Future.