Press release
Global Smart Lock Market is expected to grow at a CAGR of 75.26% during Forecast 2016-2020
A smart lock is an integral part of the smart home. We expect increased demand for security solutions such as intruder alarms and electronic (smart) locks as cases of burglary and robbery rise worldwide. Security solutions are also being installed in commercial buildings, though at a minimal rate.
The global smart lock market to grow at a CAGR of 75.26% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global smart lock market for 2016-2020. To calculate market size, the report takes into account the revenue generated by various types of smart locks in different geographies across the world.
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Technavio's report, Global Smart lock Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- August
- Goji
- Haven
- UniKey
- Yale
Other prominent vendors
- Aventsecurity
- Cansec System
- Kwikset
- Mul-T-Lock
- Okidokeys
- Schlage
- SDS
- SentriLock
- Smart Locking Logic
- Weiser Lock
Market driver
- Market for smart homes
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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