Smart Locks Market Analysis Report 2024 to 2031
Smart Locks Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 2.43 billion |
Market Size by 2031 | US$ 7.21 billion |
Global CAGR (2023 - 2031) | 14.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Smart Locks Market News and Recent Developments
The smart locks market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for smart locks and strategies:
- In March 2023, HavenLock, Inc. announced that it had patented its new and innovative locking system from the United States Patent and Trademark Office (USPTO). (Source: HavenLock, Inc., Press Release, 2023)
- In February 2023, SentriLock announced its new partnership with the Chesapeake Bay & Rivers Association of REALTORS (CBRAR) to make SentriLock the association’s marketplace electronic lockbox solution for its REALTOR members. (Source: SentriLock, Press Release, 2023)
Smart Locks Market Report Coverage and Deliverables
The “Smart Locks Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles