Latin America, Middle East and Africa RFID Locks Market Size to register a growth of 17.2% CAGR

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According to a new report LAMEA RFID Locks Market, published by KBV research, The LAMEA RFID Locks Market Size would witness a market growth of 17.2% CAGR during the forecast period.

The Brazil market dominated the LAMEA RFID Locks in Hospitality Market by Country in 2017, growing at a CAGR of 15.3 % during the forecast period. The Argentina market is expected to witness a CAGR of 16.8% during (2018-2024). Additionally, The UAE market is expected to witness a CAGR of 14.7% during (2018-2024).

The Key Cards market dominated the UAE RFID Locks Market by Access Device in 2017, thereby, achieving a market value of $122.5 million by 2024. The Wearables market is expected to witness a CAGR of 16.3% during (2018-2024). Additionally, The Mobile Phone & Others market is expected to witness a CAGR of 17% during (2018-2024).

Full Report: https://www.kbvresearch.com/lamea-rfid-locks-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the LAMEA RFID Locks Market have been discussed in the report with the elaborated company profiles of Samsung Electronics Co. Ltd, Nestwell Technologies, Honeywell International, Inc., Siemens AG, Assa Abloy Group, Dormakaba Holding AG, MIWA Lock Co, Dolphin RFID Pvt. Ltd., Salto Systems S.L. and Fortune Marketing Pvt Ltd.

LAMEA RFID Locks Market Size and Segmentation

By Access Device

  • Key Cards
  • Wearable
  • Mobile Phone & Others

By Application

  • Hospitality
  • Transportation & Logistics
  • BFSI & Retail
  • Automotive & Manufacturing
  • Residential
  • Government & Defense
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

  • Samsung Electronics Co. Ltd
  • Nestwell Technologies
  • Honeywell International, Inc.
  • Siemens AG
  • Assa Abloy Group
  • Dormakaba Holding AG
  • MIWA Lock Co
  • Dolphin RFID Pvt. Ltd.
  • Salto Systems S.L.
  • Fortune Marketing Pvt Ltd.

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