Keyless entry systems are systems that provide physical access to a premise without using a mechanical key to perform locking and unlocking operations. These systems provide enhanced security and convenience for users. Users get authorized and secure access to a premise by using a device such as a smart card or a keyless fob, or by using their own fingerprints, voice recognition, facial recognition, or gait analysis. With the widespread adoption of smart technologies across different application sectors, keyless entry systems have become largely popular among users, especially in the government; transportation; and banking, financial services, and insurance (BFSI) sectors. The demand for secure and hassle-free access is increasing considerably worldwide, which is a major reason for the strong growth of the global keyless entry systems market.
Technavio’s analysts forecast the global keyless entry systems market to grow at a CAGR of 9.11% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global keyless entry systems market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Keyless Entry Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver • Rise in demand for secure access in government and BFSI sectors. • For a full, detailed list, view our report
Market challenge • Vulnerability of keyless entry and access control systems. • For a full, detailed list, view our report
Market trend • Adoption of keyless entry and access control systems in transportation sector. • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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