The Rising Demand for Mobile and Cloud-Based Access Control
The global electronic access control (EAC) systems market has been witnessing steady growth and is poised for substantial expansion in the coming decade. Valued at US$ 10.47 billion in 2020, the market is projected to reach US$ 17.79 billion by 2031, expanding at a CAGR of 5.2% from 2021 to 2031. This growth is being driven by rising security concerns, technological advancements, and increased...
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