02-20-2019 02:19 PM CET - Business, Economy, Finances, Banking & Insurance

Smart Lock Market 2019: Expected to Grow Faster According to New Research by Key Players like ASSA ABLOY AB, Allegion, Amadas, Avent Security, Cansec Systems, Dessmann, Dorma+Kaba Holding AG, Gantner Electronic GmbH, MIWA Lock Co., Master Lock Company

Press release from: Qurate Business Intelligence

The global smart lock market is expected to grow from USD 1,295.57 million 2017 to USD 3,181.58 million by the end of 2024, at a Compound Annual Growth Rate (CAGR) of 13.69%.

Company Usability Profiles:
The smart lock market research report provides the company usability profiles and analyze the business overview, business product offering, SWOT analysis, and business strategy of the following company:
2. Allegion Plc
3. Amadas Inc.
4. Avent Security
5. Cansec Systems Ltd.
6. Dessmann
7. Dorma+Kaba Holding AG
8. Gantner Electronic GmbH
9. MIWA Lock Co.
10. Master Lock Company LLC
11. Onity, Inc.
12. Salto Systems S.L.
13. Samsung Electronics Co., Ltd.
14. Sentrilock, LLC
15. Spectrum Brands Holdings, Inc.

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Market Segmentation & Coverage:
The report on global smart lock market identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the economies and geographies of the potential customer group can help to gain business acumen for better strategic decision making. Our market coverage across different industry verticals reveals the hidden truth about the strategies adopted by the players in different verticals and help the organization to decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the global smart lock market to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Communication Protocol
1. Bluetooth
2. NFC
3. Thread
4. Wi-Fi
5. Z-Wave
6. ZigBee

Based on Lock Type
1. Deadbolt
2. Lever Handles
3. Padlocks

Based on Application
1. Commercial
2. Industrial
3. Institutional
4. Residential

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Based on Geography
1. Americas (United States)
2. Europe, Middle East & Africa (United Kingdom, Germany, and Saudi Arabia)
3. Asia-Pacific (China, Japan, and India)

Research Methodology:
Our market forecasting is based on a market model derived from market connectivity, dynamics, and identified influential factors around which assumptions about the market are made. These assumptions are enlightened by fact-bases, put by primary and secondary research instruments, regressive analysis and an extensive connect with industry people. Market forecasting derived from in-depth understanding attained from future market spending patterns provides quantified insight to support your decision-making process. The interview is recorded, and the information gathered in put on the drawing board with the information collected through secondary research.

Reasons to Buy:
1. To comprehensively understand of the smart lock market with respect to major influencing factor such as drivers, restraints, opportunities and challenges
2. To strategically analyze each vertical and geographic sub-segment in the smart lock market and its individual growth and its impact towards the growth of overall market
3. To position selected vendors in FPNV Positioning Matrix for the smart lock market to uncover a competitive landscape based on business strategy and product satisfaction

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About Us:
Qurate Business Intelligence delivers unique market research solutions to its customers and help them to get equipped with refined information and market insights derived from reports. We are committed to providing best business services and easy processes to get the same. Qurate Business Intelligence considers themselves as strategic partners of their customers and always shows the keen level of interest to deliver quality.

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