According to the findings of this business intelligence study, the demand in the global digital door lock system market will multiply at a phenomenal CAGR of 34.7% during the forecast period of 2017 to 2024. In terms of revenue, the digital door lock system market is estimated to generate opportunities worth US$11,230.0 mn by the end of 2024, incrementing significantly from the market’s evaluated valuation of merely US$1,481.8 mn as of 2017. Volume-wise, the study has foreseen a demand for 258,101 units of these systems by 2024.

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