Smart Lock Market PDF, Size, Share | Industry Trends Report 2021-2026

1. Global Smart Lock Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Smart Lock Market Outlook 2026: The latest report by IMARC Group, titled “Smart Lock Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global smart lock market reached a value of US$ 1.8 Billion in 2020. A smart lock is an electromechanical door lock system that performs unlocking and locking functions upon receiving specific commands from an authorized source. It uses a cryptographic key to grant access to the user for a set period. The encrypted digital key and command are transmitted through wearable devices, smartphones and tablets using Wi-Fi or Bluetooth. In addition, the smart lock maintains a photo log of the people accessing the door using a security camera. Request for a free sample: https://www.imarcgroup.com/smart-lock-market/requestsample

4. Report Description and Highlights Report Description Global Smart Lock Market Trends: The market is primarily driven by the rising security threats across the residential and commercial sectors. Furthermore, smart locks are gaining widespread adoption among users due to their various benefits, such as durability and ease of installation. Moreover, the emerging trend of smart cities and homes across the globe is also contributing to the market growth. Besides this, product innovations, such as cloud-based locking/unlocking systems that can be monitored remotely through a virtual device, are also escalating the demand for smart locks. Other factors, such as rising disposable incomes, rapid urbanization, enhanced dependency of people on smart technology-based assistance, and increasing internet penetration rates, are expected to propel the market growth in the upcoming years.

5. Report Description and Highlights Report Description Market Summary: Breakup by Lock Type: • Deadbolts • Lever Handles • Padlocks Breakup by Communication Protocol: • Bluetooth • Wi-Fi Breakup by End-User: • Commercial • Residential • Institution and Government • Industrial

6. Report Description and Highlights Report Description Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America Looking forward, IMARC Group expects the market to grow at a CAGR of around 13% during 2021-2026.

7. Report Description and Highlights Report Description Competitive Landscape With Key players: • Assa Abloy • Allegion Plc • Dorma+Kaba Holding AG • Spectrum Brands Holdings, Inc • Salto Systems S.L • Onity, Inc • Cansec Systems Ltd • Gantner Electronic GmbH • Master Lock Company LLC • MIWA Lock Co • Samsung Electronics Co., Ltd • Amadas Inc • Sentrilock • LLC • Avent Security • Dessmann View Report TOC, Figures and Tables: https://www.imarcgroup.com/smart-lock-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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