Verticals Lead the Way to Access Control Boom in Latin America
Hospitality, commercial, and manufacturing and industrial are the fastest growing verticals for access control equipment in Latin America, according to a recent study from IMS Research.
The study, The Latin America Market for Electronic Physical Access Control Equipment, shows that these verticals are estimated to account for 55 percent of a $180 million electronic physical access control market, according to a recent press release from IHS Inc.