Smart Locks Market Outlook, Strategies, Growth Drivers, Industry Trends, Demand And Future Opportunities Till 2031 - Allegion PLC, Assa Abloy AB, August Home, Cansec Systems Ltd

The global smart locks market size is expected to grow from $1.81 billion in 2021 to $2.16 billion in 2022 at a compound annual growth rate (CAGR) of 19.1%. The global smart locks market size is expected to grow to $3.87 billion in 2026 at a compound annual growth rate (CAGR) of 15.7%.

The Business Research Company offers the Smart Lock Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The smart lock market consists of sales of smart locks by entities (organizations, sole traders, and partnerships) that are used for locking and unlocking doors using different technologies such as Wi-Fi and Bluetooth. Smart locks are keyless door locks that allow the door to be opened without the use of a physical key. These locks can be connected to the home's Wi-Fi network, which allows them to receive the code or smartphone command to lock or unlock.

Some key smart lock market players are Allegion PLC, Assa Abloy AB, August Home, Cansec Systems Ltd, Dorma + Kaba Holding AG, Gantner Electronic GmbH, HAVENLock, Honeywell International Inc.

The countries covered in the global smart lock market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global smart lock market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Smart Lock Market Segmentation:
By Product
1. Deadbolts
2. Commercial
3. Padlocks
4. Others

By Communication Technology
1. Wi-Fi
2. Bluetooth
3. Zigbee
4. Z-Wave

By Authentication Method
1. Biometric
2. Pin Code
3. RFID Cards

By Application
1. Residential
2. Hospitality
3. Enterprise
4. Critical Infrastructure
5. Others

See More On The Report At -
https://www.thebusinessresearchcompany.com/report/smart-locks-global-market-report

The Report's Table Of Contents includes
1. Executive Summary
2. Smart Lock Market Characteristics
3. Smart Lock Market Trends and Strategies
4. Impact of Covid-19 on Smart Lock
5. Smart Lock Market Size and Growth
………
28. Key Mergers and Acquisitions in The Smart Lock Market
29. Smart Lock Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the smart lock market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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