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Biometric access control market to grow 25% CAGR from 2017-2021


S&P Consulting published a new report that forecasts that biometric access control systems will undergo more than a 25 percent CAGR in the residential security sector from 2017-2021 to ensure secure access to homeowners and avoid unauthorized access to third-parties.

The report on the global biometric access control systems market examines the key trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities.

In addition, the report uses several analysis tools such as Porter’s five forces analysis and SWOT analysis to provide an accurate understanding of this market.

The 113-page report highlights several key players, including 3M Cogent, HID Global, M2SYS Technology, Safran, Abacus Infotech, Allegion, Anviz Global, Bayometric, BioEnable, BioLink Solutions, Excellex Softtech, and Herta Security.

In evaluating the figures of the global biometric access control systems market, the report presents reliable forecasts as to the market’s growth prospects over the next five years.

S&P Consulting analysts examine key market segments and sub-segments, evolving market trends and dynamics, changing supply and demand scenarios, and quantifying market opportunities through market sizing and market forecasting.

The report also includes competitive insights, opportunity relating to technological breakthroughs, and a full analysis of regional segments (Asia Pacific, Europe, North America, and Rest of the World).

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