World Keyless Entry Systems Market Grow at 9.11% CAGR to 2021 Secure Access in Government and BFSI Sectors

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ReportsnReports.com adds Global Keyless Entry Systems Market 2017-2021 latest research report; the analysts forecast global keyless entry systems market to grow at a CAGR of 9.11% during the period 2017-2021.

-- The global keyless entry systems market analyst says one trend in market is introduction of smartphone-based keyless entry systems in hotels. With the rise in living standards of the global population, there is a demand for access to new and advanced technologies among consumers across different sectors. The hospitality sector is no exception. Its consumers are provided with the best experience in terms of hotel stays and other hospitality services. The hospitality industry is highly competitive, and hotels compete by providing a user-friendly experience to their guests.

Complete report on keyless entry systems market spread across 70 pages, analyzing 24 major companies and providing 40 data exhibits are now available at http://www.reportsnreports.com/reports/976638-global-keyless-entry-systems-market-2017-2021.html.

According to the keyless entry systems market report, one driver in market is high penetration of keyless entry systems in automotive sector. The global passenger car market is largely driven by the need for ease of operation of vehicles on a daily basis. With the development of the global economy, the living standards of the population, especially the middle-class population, has considerably increased. Consecutively, the demand for value-added features in passenger cars is continuously increasing. Consumers demand vehicles that provide an overall satisfying ownership experience. A keyless entry system is one of the value-added features in passenger cars that are in huge demand among consumers. The RKE system is globally accepted as a standard fitment in passenger cars.

the following companies as the key players in the global keyless entry systems market: Atmel, Continental Automotive, Delphi Automotive, HELLA, Mitsubishi Electric, 3M Cogent, Allegion, AMAG Technology, Gemalto, Honeywell Security, IriTech, 3M Cogent, AGNITIO, BioEnable, BIO-key, Crossmatch, HID Global, Iris ID, M2SYS Technology, Motekforce Link, NEC, Nuance Communications, Qualisys, and Safran. Other prominent vendors in the market are: Airborne Biometrics, Animetrics, Anviz Global, Avalon Biometrics, Aware, BioLink Solutions, DERMALOG Identification Systems, Diamond Fortress, Fingerprint Cards, Fulcrum Biometrics, Futronic Technology, Idex ASA, IGSUS, Inception Technologies, Precise Biometrics, RCG Holdings, SecuGen, Suprema, and Tekno Electro Solutions. Order a copy of Global Keyless Entry Systems Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=976638.

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 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.

Further, the keyless entry systems market report states that one challenge in market is high initial and replacement costs. High cost is a major factor that inhibits the adoption of keyless entry and access control systems. Alternative security solutions such as magnetic stripe cards, tokens, and keypads are inexpensive compared with biometric systems and smart cards.
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Therefore, these traditional security solutions are popular in small- and medium-sized enterprises in developing countries. Smart cards are expensive as each smart card is embedded with a magnetic chip that is priced as per the level of security. The cost of the magnetic chip generally varies depending on the user requirements. The installation and maintenance of some biometric systems on a small scale are inexpensive, whereas the lifetime cost of other sophisticated systems used in large-scale operations is expensive.

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