Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.96 Billion | USD 13.16 Billion | 16.1% | 2024 |
List of Figures
1. Global Smart Lock Market Segmentation by Lock Type, Technology, and Geography
2. Global Smart Lock Market, 2019-2026 (USD Million)
3. Porter’s Five Forces Analysis: Smart Lock Market
4. Global Smart Lock Market Attractiveness, by Lock Type
5. Global Smart Lock Market Attractiveness, by Technology
6. Global Smart Lock Market Attractiveness, by Regional
7. Global Smart Lock Market Revenue Share, by Lock Type, 2019 & 2026 (USD Million)
8. Global Smart Lock Market by Padlocks, 2016 – 2026 (USD Million)
9. Global Smart Lock Market by Lever Handles, 2016 – 2026 (USD Million)
10. Global Smart Lock Market Deadbolt, 2016 – 2026 (USD Million)
11. Global Smart Lock Market by Other Locks, 2016 – 2026 (USD Million)
12. Global Smart Lock Market Revenue Share, by Technology, 2019 & 2026 (USD Million)
13. Global Smart Lock Market by Bluetooth, 2016 – 2026 (USD Million)
14. Global Smart Lock Market by Wi-Fi, 2016 – 2026 (USD Million)
15. Global Smart Lock Market by Others, 2016 – 2026 (USD Million)
16. Global Smart Lock Market by Vertical, 2016 – 2026 (USD Million)
17. Global Smart Lock Market by Commercial, 2016 – 2026 (USD Million)
18. Global Smart Lock Market by Residential, 2016 – 2026 (USD Million)
19. Global Smart Lock Market by Industrial, 2016 – 2026 (USD Million)
20. Global Smart Lock Market Revenue Share, by Region, 2019-2026 (USD Million)
21. North America Smart Lock Market, 2016-2026, (USD Million)
22. Europe smart lock market, 2016-2026, (USD Million)
23. Asia Pacific Smart Lock Market, 2016-2026(USD Million)
24. Latin America Smart Lock Market, 2016 – 2026 (USD Million)
25. Middle East & Africa Smart Lock Market, 2016 – 2026, (USD Million)
List of Tables
1. Global smart lock market snapshot
2. Drivers for smart lock market: Impact analysis
3. Restraints of smart lock market: Impact analysis
4. North America Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
5. North America Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
6. North America Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
7. North America Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
8. U.S. Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
9. U.S. Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
10. U.S. Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
11. Canada Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
12. Canada Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
13. Canada Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
14. Mexico Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
15. Mexico Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
16. Mexico Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
17. Europe Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
18. Europe Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
19. Europe Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
20. UK Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
21. UK Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
22. UK Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
23. France Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
24. France Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
25. France Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
26. Germany Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
27. Germany Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
28. Germany Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
29. Rest of Europe Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
30. Rest of Europe Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
31. Rest of Europe Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
32. Asia Pacific Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
33. Asia Pacific Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
34. Asia Pacific Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
35. China Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
36. China Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
37. China Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
38. Japan Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
39. Japan Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
40. Japan Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
41. India Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
42. India Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
43. India Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
44. South Korea Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
45. South Korea Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
46. South Korea Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
47. Rest of Asia Pacific Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
48. Rest of Asia Pacific Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
49. Rest of Asia Pacific Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
50. Latin America Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
51. Latin America Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
52. Latin America Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
53. Brazil Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
54. Brazil Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
55. Brazil Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
56. Rest of Latin America Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
57. Rest of Latin America Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
58. Rest of Latin America Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
59. Middle East & Africa Smart Lock Market Revenue, By Lock Type, 2016 – 2026 (USD Million)
60. Middle East & Africa Smart Lock Market Revenue, By Technology, 2016 – 2026 (USD Million)
61. Middle East & Africa Smart Lock Market Revenue, By Vertical, 2016 – 2026 (USD Million)
FrequentlyAsked Questions
A smart lock is an electromechanical equipment enabling the users to remotely access and unlock the lock for entering the premises. Moreover, a smart lock can be accessed by connecting it to a smartphone as well as other smart equipment through a slew of communication systems such as Z-Wave, Wi-Fi, Zigbee, and Bluetooth. Furthermore, the evolution of new technologies such as connected things and artificial intelligence is likely to help the demand for smart locks gain momentum globally.
The global smart lock market is expected to grow due to increasing adoption of smart homes, rising security concerns, and integration with mobile and IoT technologies.
According to a study, the global smart lock market size was worth around USD 2.96 Billion in 2024 and is expected to reach USD 13.16 Billion by 2034.
The global smart lock market is expected to grow at a CAGR of 16.1% during the forecast period.
The Asia-Pacific smart lock market is set to register the fastest CAGR over the forecasting timeline subject to the launching of smart city concepts in countries such as India, China, Japan, Philippines, Singapore, Taiwan, Thailand, Indonesia, South Korea, and Malaysia. Additionally, the large-scale presence of start-ups in these countries will spur product demand in the sub-continent. Moreover, a large number of industry players in the Asia-Pacific zone are trying to develop new gadgets and embed new features in smart locks, thereby enhancing the scope of demand for the product in the Asia-Pacific zone.
Leading players in the global smart lock market include Zigbang Co. Ltd., August Home Inc., Onity Inc., Avent Security, Cansec Systems Ltd., UniKey Technologies Inc., HavenLock Inc., Kwikset, Smart Locking Logic Proprietary Limited, MUL-T-LOCK TECHNOLOGIES LTD., Allegion Plc, Sentrilock LLC, Yale Locks, Goji, and Honeywell International Inc., among others.
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