The global RFID locks market attained a value of USD 5.91 Billion in 2025. The market is further expected to grow in the forecast period of 2026-2035 at a CAGR of 19.40% to reach USD 34.80 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
19.4%
Value in USD Billion
2026-2035
*this image is indicative*
Based on application, the hospitality segment accounted for a considerable share of the global market. This segment extensively utilises key cards and is likely to provide ample opportunities for integrating latest technologies in the RFID locks industry to grow further. Meanwhile, the COVID-19 pandemic, which has had a severe impact on the growth of various industries worldwide, has provoked awareness among people to maintain minimum contact in public places. This factor is likely to boost the product demand in the long term.
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Workplaces around the world are adopting RFID locks in their operations, including physical access or restrictions, computer access, and others to maintain security and accountability. In addition, RFID locks have been witnessing increased adoption in the residential and government sectors due to their integration with smartphone technology in the recent years. Thus, the increasing adoption of smartphones in developing countries of the Asia Pacific, Latin America, and the Middle East and Africa is likely to boost the demand for RFID locks in the coming years.
Radio-frequency identification lock, abbreviated as RFID lock, is an electronic lock technology that utilises the radio frequency as its key. It is a contactless alternative to conventional contactable card locks that uses specific frequency transmitted by smart chip embedded in the access device to identify the person with access permission.
Market Breakup by Access Device
Market Breakup by End Use
Market Breakup by Region
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The EMR report looks into the regional markets of RFID locks like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The global market for RFID locks is primarily driven by the increased adoption of smartphones all over the world. The subsequent additions to the features of smartphone are paving the way for its higher penetration in the day-to-day lives of its users. Likewise, a surge is being witnessed in the usage of advanced security devices in the commercial and government sectors. The strict policies of workplaces to restrict their offices to employees, the need to have government offices secured, and the rapid technological advancements, among others, are expected to augment the demand for RFID locks for entry-exit doorways. Moreover, the rising cases of crimes related to theft and burglary offer significant growth opportunities to the market for application in the residential sector. Apart from this, the rising awareness regarding social distancing and personal hygiene is expected to be another factor propelling the demand for contactless security systems, thus, aiding the market.
However, the use of smartphones in security devices is expected to lure hackers and criminals to attempt cyber-attacks to compromise the safety of various applications, which might hinder the demand for RFID locks. Nonetheless, subsequent changes in technology are expected to prevent any such compromises.
The report presents a detailed analysis of the following key players in the global RFID locks market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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In 2025, the global market attained a value of nearly USD 5.91 Billion.
The market is projected to grow at a CAGR of 19.40% between 2026 and 2035.
The major market drivers include the rapid adoption of smartphones, the surging use of RFID locks in the hospitality sector, and the growing integration of latest technologies in RFID locks.
The key trends propelling the market growth are the growing adoption of RFID locks in workplaces, the usage of advanced security devices in the commercial and government sectors, and the rising awareness regarding social distancing and personal hygiene.
The major regions in the market are North America, Latin America, Europe, Middle East and Africa, and the Asia Pacific.
The various access devices considered in the market report are key cards, mobile phones, and wearables.
Residential, hospitality, automotive, government, retail, and BFSI, among others, are the several end uses of RFID locks.
The major players in the market are Assa Abloy AB, Samsung Electronics Co. Ltd., dormakaba Group, Godrej & Boyce Mfg. Co. Ltd, and MIWA Lock Co., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Access Device |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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