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Global Smart Locks Market Analysis

Global Smart Locks Market Analysis

According to a new report Global Smart Locks Market (2017-2023), published by KBV Research, the global Smart Locks Market is expected to attain a market size of $1.2 billion by 2023, growing at a CAGR of 19.6% during the forecast period. Full report: https://kbvresearch.com/global-smart-locks-market/ Contact us: 244 Fifth Avenue, Suite 1407 New York, N.Y. 10001 United States (U.S) Tel: 1 (646) 661-6066 Email : info@kbvresearch.com Like us: https://www.facebook.com/kbvresearch/ Tweet us: https://twitter.com/KBVresearch Pin us: https://in.pinterest.com/kbvresearch/?eq=kbv&etslf=4458 Like us: https://plus.google.com/u/0/110136826502558724452

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FMI: Smart Locks Market Value Share, Supply Demand, share and Value Chain 2015-2025

FMI: Smart Locks Market Value Share, Supply Demand, share and Value Chain 2015-2025

A number of emerging devices have attributed to the upsurge of global smart homes over the last few years. Smart locks is expected to be one of the utmost promising offering among all the devices over the succeeding years. Smart locks is not a completely novel industry. There has been efforts to revolutionize the traditional locks and key with numerical keypad locks. In smart locks, instead of accessing the lock with you keys, you can control access to the lock using a phone, wireless key fob or even distantly over the internet. Most of the smart locks are simple and are at-home installable devices that can fit over the thumb turn of a deadbolt contained on the inside portion of the door. The smart locks cost approximate US$ 170 to US$ 260 and is still considered a luxury device for an average residential customer.

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