Access #ID #Market Predicted to Grow Following 2020 Decline | #TpromoCom | A new annual report shows that sales of access control products declined to $7.9Bn in 2020. However the report from researchers at Memoori also forecasts that by 2025 the world market should be worth $10.2Bn a CAGR of approx. 5% over the next 5 years. http://bit.ly/38YXCEl
Memoori has charted the performance of the access control business during the last decade, witnessing demand for products expanded by a CAGR of 8.2%; and at the beginning of 2020 reaching sales of $8.7Bn.
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