During the forecast period, the global RFID locks market is anticipated to have a compound annual growth rate (CAGR) of 14.1%. As of 2023, the market is to have a market value of US$ 9702.8 million.
Two of which are 2D barcodes, similar to QR codes, and RAIN RFID. When combined and supported by industry standards, the technologies may be the secret sauce to the next generation of self-check.