Smart Lock Market
Smart Lock Market - Global Industry Assessment & Forecast
#
Pages:
250
Base Year:
2023
Jan - 2024
Format:
Report Code:
VMR-1440
Segments Covered
By
Lock Type Deadbolt Locks, Lever Handles, Server locks & Latches, Knob Locks, Others
-
By
Communication Protocol Bluetooth, WiFi, Z-Wave, Others
-
By
Unlocking Mechanism Keypad, Card Key, Touch Based, Key Fob, Smartphone Based
-
By
Vertical Commercial, Residential, Institutional & Government, Industrial, Transportation & Logistic
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 2.48 Billion |
 Revenue 2032:
|
USD 7.16 Billion |
 Revenue CAGR
(2024 - 2032): |
12.5% |
Fastest Growing Region (2024 -
2032)
|
Asia Pacific |
Largest Region (2023):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Smart Lock Market Segment Analysis
- Smart Lock Lock Type Outlook (Revenue, USD Million, 2018 - 2030)
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Smart Lock Communication Protocol Outlook (Revenue, USD Million, 2018 - 2030)
- Bluetooth
- WiFi
- Z-Wave
- Others
- Smart Lock Unlocking Mechanism Outlook (Revenue, USD Million, 2018 - 2030)
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Smart Lock Vertical Outlook (Revenue, USD Million, 2018 - 2030)
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
-
North America Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
-
North America Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
-
North America Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- U.S.
- U.S. Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- U.S. Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- U.S. Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- U.S. Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- U.S. Smart Lock Market, by Lock Type
- Canada
- Canada Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Canada Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Canada Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Canada Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Canada Smart Lock Market, by Lock Type
-
Mexico
- Mexico Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Mexico Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Mexico Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Mexico Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Mexico Smart Lock Market, by Lock Type
-
North America Smart Lock Market, by Lock Type
- Europe
-
Europe Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
-
Europe Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
-
Europe Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
-
Europe Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- U. K.
- U.K. Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- U.K. Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- U.K. Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- U.K. Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- U.K. Smart Lock Market, by Lock Type
- France
- France Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- France Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- France Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- France Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- France Smart Lock Market, by Lock Type
-
Germany
- Germany Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Germany Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Germany Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Germany Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Germany Smart Lock Market, by Lock Type
-
Italy
- Italy Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Italy Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Italy Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Italy Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Italy Smart Lock Market, by Lock Type
-
Spain
- Spain Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Spain Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Spain Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Spain Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Spain Smart Lock Market, by Lock Type
-
Rest of Europe
- Rest of Europe Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Rest of Europe Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Rest of Europe Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Rest of Europe Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Rest of Europe Smart Lock Market, by Lock Type
-
Europe Smart Lock Market, by Lock Type
- Asia Pacific
-
Asia Pacific Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
-
Asia Pacific Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
-
Asia Pacific Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
-
Asia Pacific Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- China
- China Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- China Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- China Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- China Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- China Smart Lock Market, by Lock Type
- Japan
- Japan Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Japan Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Japan Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Japan Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Japan Smart Lock Market, by Lock Type
-
Germany
- Germany Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Germany Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Germany Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Germany Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Germany Smart Lock Market, by Lock Type
-
India
- India Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- India Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- India Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- India Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- India Smart Lock Market, by Lock Type
-
South Korea
- South Korea Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- South Korea Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- South Korea Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- South Korea Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- South Korea Smart Lock Market, by Lock Type
-
South East Asia
- South East Asia Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- South East Asia Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- South East Asia Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- South East Asia Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- South East Asia Smart Lock Market, by Lock Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Rest of Asia Pacific Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Rest of Asia Pacific Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Rest of Asia Pacific Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Rest of Asia Pacific Smart Lock Market, by Lock Type
-
Asia Pacific Smart Lock Market, by Lock Type
- Latin America
-
Latin America Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
-
Latin America Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
-
Latin America Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
-
Latin America Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Brazil
- Brazil Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Brazil Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Brazil Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Brazil Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Brazil Smart Lock Market, by Lock Type
- Argentina
- Argentina Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Argentina Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Argentina Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Argentina Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Argentina Smart Lock Market, by Lock Type
-
Rest of Latin America
- Rest of Latin America Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Rest of Latin America Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Rest of Latin America Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Rest of Latin America Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Rest of Latin America Smart Lock Market, by Lock Type
-
Latin America Smart Lock Market, by Lock Type
- Middle East & Africa
-
Middle East & Africa Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
-
Middle East & Africa Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
-
Middle East & Africa Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
-
Middle East & Africa Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- GCC Countries
- GCC Countries Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- GCC Countries Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- GCC Countries Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- GCC Countries Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- GCC Countries Smart Lock Market, by Lock Type
- South Africa
- South Africa Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- South Africa Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- South Africa Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- South Africa Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- South Africa Smart Lock Market, by Lock Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Smart Lock Market, by Lock Type
- Deadbolt Locks
- Lever Handles
- Server locks & Latches
- Knob Locks
- Others
- Rest of Middle East & Africa Smart Lock Market, by Communication Protocol
- Bluetooth
- WiFi
- Z-Wave
- Others
- Rest of Middle East & Africa Smart Lock Market, by Unlocking Mechanism
- Keypad
- Card Key
- Touch Based
- Key Fob
- Smartphone Based
- Rest of Middle East & Africa Smart Lock Market, by Vertical
- Commercial
- Residential
- Institutional & Government
- Industrial
- Transportation & Logistic
- Rest of Middle East & Africa Smart Lock Market, by Lock Type
-
Middle East & Africa Smart Lock Market, by Lock Type
- North America
Vantage Market
Research | 06-Apr-2022
FAQ
Frequently Asked Question
What is the global demand for Smart Lock in terms of revenue?
-
The global Smart Lock valued at USD 2.48 Billion in 2023 and is expected to reach USD 7.16 Billion in 2032 growing at a CAGR of 12.5%.
Which are the prominent players in the market?
-
The prominent players in the market are ASSA ABLOY AB (Sweden), dormakaba Group (Switzerland), Spectrum Brands Inc.(US), SALTO Systems, S.L. (Spain), Allegion plc (Ireland), Honeywell International Inc. (US), Dahua Technology Co., Ltd (China), Samsung Electronics Co., Ltd. (South Korea), Vivint Inc. (US), and ZKTECO CO., LTD. (China).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 12.5% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Smart Lock include
- Enhanced features compared with traditional lock systems
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Smart Lock in 2023.
