Global Smart Lock Market Outlook 2017-2022 Honeywell, Samsung, Secom, KABA, Yale, Unikey, Be-Tech, UDIS

A smart lock is an electromechanical lock which is designed to perform locking and unlocking operations on a door when it receives such instructions from an authorized device using a wireless protocol and a cryptographic key to execute the authorization process. It also monitors access and sends alerts for the different events it monitors and some other critical events related to the status of the device. Smart locks can be considered part of a smart home. Smart locks, like the traditional locks, need two main parts to work. The lock and the key. In the case of these electronic locks, the key is not a physical key but a smartphone or a special key fob configured explicitly for this purpose which wirelessly will perform the authentication needed to automatically unlock the door. Smart Locks allow users to grant access to a third party by the means of a virtual key. This key can be sent to the recipient smartphone over standard messaging protocols such as e-mail or SMS. Once this key is received the recipient will be able to unlock the Smart Lock during the time specified previously by the sender. Smart locks are able to grant or deny access remotely via a mobile app. Certain smart locks include a built-in WiFi connection that allows for monitoring features such as access notifications or cameras to show the person requesting access.

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This report provides detailed analysis of worldwide markets for Smart Lock from 2011-2015 and provides extensive market forecasts 2017-2022 by region/country and subsectors. It covers the key technological and market trends in the Smart Lock market and further lays out an analysis of the factors influencing the supply/demand for Smart Lock, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies.

GCC’s report, Global Smart Lock Market Outlook 2017-2022, has been prepared based on the synthesis, analysis, and interpretation of information about the global Smart Lock market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global Smart Lock market are Honeywell, Samsung, Secom, KABA, Yale, Unikey, Be-Tech, UDIS, Shenzhen Romance, HUNE, among others.

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The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of Smart Lock industry has been provided.

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