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Middle east becoming an important market for smart lock industry
2017/06/24
2017-06-22
The Middle East region is fast becoming an important market for the smart lock industry. According to research by Frost and Sullivan, the Middle East and Africa (MEA) region access control market is expected to grow to 15 per cent annually up to 2018, when it will reach nearly US$ 500 million.
 
This double-digit growth is driven by increasing infrastructure spending in the region, with wireless locks, IP-enabled devices and iris detection systems among the latest access control technologies.
 
“The world is turning digital at an unprecedented pace, with smart homes quickly emerging as the new cornerstone of connected living. We are expecting connected smart locks to become a natural part of people’s everyday life in the near future,” said Sherry Zameer, senior vice president IoT solutions for the CISMEA region at Gemalto.
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