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Stock impact report

Digital Key Cabinet Market Set to Reach USD 275 Million by 2032, Driven by Demand For Secure And Efficient Key Management Across Diverse Industries | SNS Insider [Yahoo! Finance]

Allegion plc Ordinary Shares (ALLE) 
Last allegion plc ordinary shares earnings: 4/23 05:50 am Check Earnings Report
US:NYSE Investor Relations: investor.allegion.com
Company Research Source: Yahoo! Finance
Austin, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Market Size & Growth Analysis: The SNS Insider report indicates that,“The Digital Key Cabinet Market Size was valued at USD 148 Million in 2023 and is now anticipated to grow USD 275.26 Million by 2032, displaying a compound annual growth rate (CAGR) of 7.15% during the forecast Period 2024-2032.” Driving Security and Sustainability in the Rapid Evolution of the Digital Key Cabinet Market The Digital Key Cabinet Market is evolving rapidly, driven by increasing demand for secure key management solutions across sectors like healthcare, hospitality, and corporate facilities. Over 40% of healthcare organizations have adopted digital key systems to secure sensitive areas, while nearly 30% of hotels are implementing these cabinets to enhance guest security and streamline operations. Rising concerns about theft and unauthorized access have made digital key cabinets essential, with 70% of facility managers prioritizing their adoption. Technolog Show less Read more
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