Increasing Security Concerns Augments Global Digital Door Lock Systems Market

Published Date : Mar 30, 2016

Digital door lock systems also known as electromechanical locks have been developed and designed to lock and unlock upon receiving instructions from an authorized devices. These can be received through cryptographic key and wireless protocol to complete the authorization process.

The global digital door locks systems market is segmented on the basis of type, end users, and geography. On the basis of type, the global digital door lock systems market is segmented into biometrics and keypad locks. The biometrics segment includes face recognition, iris recognition, voice recognition, signature recognition, palm recognition, and fingerprint recognition. The keypad locks segment is inclusive of electromechanical door locks, magnetic stripe locks, and electric strike locks. The end users of digital door lock systems are the government, commercial, industrial, and residential sectors. Geographically, this market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Small and Mid-sized Enterprises to Propel Digital Door Lock Systems
According to research reports, the commercial sector holds the largest share in the global digital door lock systems market. The residential segment follows in the second place. Analysts predict that small and mid-sized enterprises and homeowners will drive this market in the near future.

The manufacturers likely to leave a mark in the aforementioned sectors are Weiser Lock, Godrej & Boyce, Siemens AG, and Assa-Abloy. Analysts’ state that these companies will make digital door locks systems for the commercial as well as the residential sector, which will factor in various types of biometrics such as palm, fingerprints, and voice to identify entrants. 

Institutes to Drive Demand for Digital Door Lock Systems
The biggest demand for digital door lock systems will come from institutional and commercial customers such as corporate workplaces, hospitals, universities, airports, government agencies, shopping malls, and other buildings that require tight security.