According IHS Technology, the worldwide market for electronic locks will exceed $1 billion in 2015. This is one of the fastest growing segments of the security and access control marketplace.
According to IHS, “Electronic locks will continue to play an important role in all access control solutions moving forward.” These are exactly the types of locks that our company has been selling for over a decade. Keyless door locks at wholesale prices are available for resellers and installers.
Over the past few years, RemoteLock has offered WiFi connected electronic locks that allow users to manage locks via smart phone or computer. This smart security market is expected grow at 18.6% CAGR until 2109, according to Infiniti Research.
By John Cargile, Lock State