Market Forecasts and Industry Analysis Global RFID Lock Market 2016-2020

RFID Lock Market 2016-2020: Radiant
Insights, Inc
“The report covers the present scenario and the
growth prospects of the global RFID lock market for
2016-2020. To calculate the market size, the report
considers the revenue generated from the sales of
RFID locks.”
RFID technologies are gaining attention from multiple sectors, especially hospitality,
where property owners are harnessing the technology in providing enhanced customer
experience. The hospitality industry relies on consumer comfort to build brand loyalty. As a
result, property owners are increasingly investing in enhancing the aesthetics of their
property. Door locks are the first thing in the hotel rooms a consumer interacts with. Also,
the traditional form of locks with the key is outdated. The advent of electronic locks with
technologies like biometric, radio-frequency integrated circuit (RFIC), and keypad provide
hassle-free access to consumers and also enhance security and safety. The concept of RFID-
based electronic locks are very similar to traditional locks and it uses a card or key fob to
open a door. The technology finds application in various luxury apartments, government
offices, residential properties, and in the industrial domain.
Complete Report Available @ https://www.radiantinsights.com/research/global-rfid-
lock-market-2016-2020
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