Tag: Research and Markets
Explosive growth projected for global biometric card market, reports say
August 9, 2022Ken Showers, Managing Editor
NEW YORK—Financial projections being released for the global biometric card market is showing explosive growth as a variety of industries begin incorporating the technology.
A report on Reportlinker.com has projected that the biometric card market is expected to grow from $15.55 million in 2021 to $2,701.17 million by 2027, a compound annual growth rate (CAGR) of 117.76 percent during the forecast period. Growth of that scale is being driven by an increasing need for stricter security across...
Cellular IoT connections for security to grow along with monitored devices
January 3, 2022SSN Staff
DUBLIN—The number of professionally monitored alarm systems in Europe and North America is forecast to grow, along with the number of cellular IoT connections for home and small business security systems, according the latest research from ResearchandMarkets.
The number of professionally monitored alarm systems in Europe is forecasted to grow from 16.8 million in 2020 at a compound annual growth rate (CAGR) of 4.0 percent to reach 20.4 million in 2025. In North America, the number of monitored...
Market for lone worker monitoring services growing
January 23, 2019SSN Staff
Dublin—The market for lone worker protection solutions and services in Europe and North America is forecasted to grow to 260 million in 2022, up from 110 million in 2017, according to the "People Monitoring and Safety Solutions - 6th Edition" from Research and Markets.
The number of users of dedicated lone worker safety devices based on GPS and cellular technology on the European market is estimated to grow from 500,000 users in 2017 to reach 1.1 million users at the end of 2022. In North America,...