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North America will lead card-based access control

Global market to grow at around 11 percent CAGR over the next five years

AUNDH, India—Future Market Insights, a research firm based here, projects that the card-based electronic access control market in North America will grow from around $2 billion in 2014 to $3 billion by 2020, with a CAGR between 7 and 8 percent.