Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography – 2024 to 2029

SKU: GMS-474

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OVERVIEW

The smart lock market is expected to hit USD 6.12 billion by 2025, increasing between 2020 and 2025 at a CAGR of 11.32 percent. The growing proliferation of smartphones and other connected devices is serving as a catalyst to market growth. In addition, increasing security and safety issues and improved functionality compared to traditional locking systems also push this market to expand.

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 1

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 2

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 3

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 4

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 5

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 6

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 7

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 8

TABLE OF CONTENT

1 Global Smart Lock Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Smart Lock Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Smart Lock Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Smart Lock Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Smart Lock Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Smart Lock Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Smart Lock Market – By Lock Type (Market Size – & million/billion)
8.1 Deadbolts
8.2 Lever Handles
8.3 Padlocks
8.4 Other Locks

9 Global Smart Lock Market – By Communication Protocol
9.1 Bluetooth
9.2 Wi-Fi
9.3 Other Protocols

10 Global Smart Lock Market – By Vertical
10.1 Commercial
10.2 Residential
10.3 Institution & Government
10.4 Industrial

11 Global Smart Lock Market – By Geography (Market Size – & million/billion)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K
11.3.2 Germany
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 Rest of the World
11.5.1 South America
11.5.2 Middle East
11.5.3 Africa

12 Global Smart Lock Market – Entropy
12.1 New product launches
12.2 M&A’s, collaborations, JVs and partnerships

13 Global Smart Lock Market -Company Profile (Key Players)
13.1 Market Share, Company Revenue, Products, M&A, Developments
13.2 ASSA ABLOY AB
13.3 Allegion Plc
13.4 Gantner Electronic GmbH
13.5 Master Lock Company LLC
13.6 Dorma+Kaba Holding AG
13.7 Onity, Inc.
13.8 Cansec Systems Ltd.
13.9 Spectrum Brands Holdings, Inc.
13.10 Salto Systems S.L.
13.11 MIWA Lock Co.
13.12 Company 11 & more

14 Global Smart Lock Market – Appendix
14.1 Sources
14.2 Abbreviations

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OVERVIEW

The smart lock market is expected to hit USD 6.12 billion by 2025, increasing between 2020 and 2025 at a CAGR of 11.32 percent. The growing proliferation of smartphones and other connected devices is serving as a catalyst to market growth. In addition, increasing security and safety issues and improved functionality compared to traditional locking systems also push this market to expand.

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 9

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 10

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 11

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 12

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 13

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 14

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 15

Smart Lock Market by Vertical (Institution and Government, Residential, Commercial, Industrial) Communication Protocol (Wi-Fi, Bluetooth), Lock Type (Lever Handles, Deadbolts, Padlocks), and Geography - 2024 to 2029 16

TABLE OF CONTENT

1 Global Smart Lock Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Smart Lock Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Smart Lock Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Smart Lock Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Smart Lock Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Smart Lock Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Smart Lock Market – By Lock Type (Market Size – & million/billion)
8.1 Deadbolts
8.2 Lever Handles
8.3 Padlocks
8.4 Other Locks

9 Global Smart Lock Market – By Communication Protocol
9.1 Bluetooth
9.2 Wi-Fi
9.3 Other Protocols

10 Global Smart Lock Market – By Vertical
10.1 Commercial
10.2 Residential
10.3 Institution & Government
10.4 Industrial

11 Global Smart Lock Market – By Geography (Market Size – & million/billion)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K
11.3.2 Germany
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 Rest of the World
11.5.1 South America
11.5.2 Middle East
11.5.3 Africa

12 Global Smart Lock Market – Entropy
12.1 New product launches
12.2 M&A’s, collaborations, JVs and partnerships

13 Global Smart Lock Market -Company Profile (Key Players)
13.1 Market Share, Company Revenue, Products, M&A, Developments
13.2 ASSA ABLOY AB
13.3 Allegion Plc
13.4 Gantner Electronic GmbH
13.5 Master Lock Company LLC
13.6 Dorma+Kaba Holding AG
13.7 Onity, Inc.
13.8 Cansec Systems Ltd.
13.9 Spectrum Brands Holdings, Inc.
13.10 Salto Systems S.L.
13.11 MIWA Lock Co.
13.12 Company 11 & more

14 Global Smart Lock Market – Appendix
14.1 Sources
14.2 Abbreviations

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