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Remote access entry systems - PowerPoint PPT Presentation

Global Market Study on Keyless Entry System: Biometrics Poised to Account for Fostering Revenue, Predominantly in China

One of the chief dynamics that may adversely impact the early adoption of keyless entry systems is the high initial investment required in installing remote accessible entry access systems, NFC/proximity card-enabled access systems, smart card-enabled access systems, and biometric devices. This cost complexity is tipping the scales in favor of traditional door entry systems, thereby hindering the global sales of keyless entry systems.

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Global Market Study on Keyless Entry System: Biometrics Poised to Account for Fostering Revenue, Predominantly in China

Owing to the advantages and efficiency associated with RFID-based products, the next few years are expected to witness increasing investments in the RFID industry, which will reportedly sustain in the long run. In addition to RFID-based systems, high demand for remotely accessible i.e. keyless entry systems is also being observed from several end users. The presence of limited vendors in the market is likely to offer high opportunity for growth providing easy entry to new players foraying in the global keyless entry system market.

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44 views • 3 slides

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Remote access entry systems - PowerPoint PPT Presentation

Global Market Study on Keyless Entry System: Biometrics Poised to Account for Fostering Revenue, Predominantly in China

Global Market Study on Keyless Entry System: Biometrics Poised to Account for Fostering Revenue, Predominantly in China