Smart Door Lock Market Share, Size, and Trends by 2028
Smart Door Lock Market: Strategic Insights
Smart Door Lock Market
-
CAGR (2023 - 2028)18.2% -
Market Size 2023
US$ 2.73 Billion -
Market Size 2028
US$ 6.31 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Security Concerns and Reliable Features of Smart Locks
- Rising Adoption of Smartphones
FUTURE TRENDS
- Technological Advancements in Smart Door Locks
OPPORTUNITIES
- Emergence of Smart Cities
Key Players
- Assa Abloy AB
- Allegion Plc
- MIWA LOCK Co Ltd
- Spectrum Brands Holdings Inc
- Zigbang
- Honeywell International Inc
- Master Lock Company LLC
- Locstar Technology Co Ltd
- Guangdong Level Intelligent Lock Industrial Co Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product
- Fingerprint Locks
- Remote Locks
- Electronic Cipher Locks
Technology
- Wi-Fi
- Bluetooth
- Z Wave
End User
- Residential and Commercial