Smart Lock Market Size Study Forecasts By Type (Contact smart card, Contactless smart card, Hybrid and Dual interface smart card, By Components,( Microprocessor, Memory smart cards) by Communication Protocol (Bluetooth, Wi-Fi, Other Protocols (Zigbee, Z-Wave, Thread, and NFC, among others))- Global opportunity Analysis and Industry Forecast 2019-2025


Global Smart Lock Industry to reach USD 3.4 billion by 2025.

Global Smart Lock Industry valued approximately USD 1.1 billion in 2016 is anticipated to grow with a healthy growth rate of more than 13.34% over the forecast period 2019-2025. The driving factor for Smart Lock Industry is the rising adoption of connected home solutions and soaring need to establish connectivity across all electronic devices and users’ houses as a consequence of growing penetration of smart homes as these are the key trends uplifting the Industry growth and Increasing penetration of smartphones which is also fueling the demand for smart locks over the forecast period. Moreover, technological advancements are estimated to play a key role in the development of this Industry

The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Smart Lock Industry Share and Size by 2019-2025
Semiconductor & Electronics
Smart Lock Market Segmentation:
By Lock Type
* Deadbolts
* Lever Handles
* Padlocks
* Other Locks
By Communication Protocol
* Bluetooth
* Wi-Fi
* Other Protocols (Zigbee, Z-Wave, Thread, and NFC, among others)
By Vertical
* Commercial
* Residential
* Institution & Government
* Industrial

By Region
* North America
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Smart Lock Market are as follows:
ASSA ABLOY (Sweden),

- Company Overview
- Financial Overview
- Product Overview
- Current Development

Allegion (Ireland),
dorma+kaba (Switzerland),
Spectrum Brands (US),
Salt - Systems (Spain),
Onity (US),
Cansec Systems (Canada),
Master Lock (US).
Infineon Technologies AG

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