Semiconductor and Electronic Survey

The   Smart Lock Market   is anticipated to grow at a CAGR of 12.9% between 2022 and 2027, from an estimated value of USD 2.1 billion in 2022 to USD 3.9 billion by 2027. During the study period, market participants should benefit from the growing usage of IoT-based security systems and growing urban infrastructure in emerging nations. Major Tier I and II players such as ASSA ABLOY AB (Sweden), dormakaba Group (Switzerland), Spectrum Brands, Inc. (US), SALTO Systems, S.L. (Spain), Allegion plc (Ireland), and others are present in the global smart lock market. These companies are well-established in the North American, European, Asian, and global markets for smart locks. an increase in the use of smartphones and other linked devices The market for smart locks is strongly supported by the rising demand for tablets, smartphones, and other connected devices. Many wealthy economies are quickly adopting smartphones. The demand for smartphones will likely continue to be driven by emerging mark

The   Smart Lock Market   Size is anticipated to grow at a CAGR of 12.9% between 2022 and 2027, from an estimated value of USD 2.1 billion in 2022 to USD 3.9 billion by 2027. During the study period, market participants should benefit from the growing usage of IoT-based security systems and growing urban infrastructure in emerging nations. ASSA ABLOY AB (Sweden), dormakaba Group (Switzerland), Spectrum Brands, Inc. (US), SALTO Systems, S.L. (Spain), Allegion plc (Ireland), and others are significant Tier I and II companies in the global smart lock market. These companies are well-established in the North American, European, Asian, and global markets for smart locks. an increase in the use of smartphones and other linked devices The market for smart locks is strongly supported by the rising demand for tablets, smartphones, and other connected devices. Many wealthy economies are quickly adopting smartphones. The demand for smartphones will likely continue to be driven by emerging markets

The   Smart Lock Market   is anticipated to grow at a CAGR of 12.9% between 2022 and 2027, from an estimated value of USD 2.1 billion in 2022 to USD 3.9 billion by 2027. The main growth tactics used by market players are product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions. By making their products available in all the key locations, they have been able to effectively meet the increasing demand for routers from end-user sectors and increase their global presence. Key Players in the Smart Lock 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), ZKTECO CO., LTD. (China), igloohome Pte Ltd (Singapore), RemoteLock (US), Onity (US), Master Lock Company LLC. (US), MIWA Lock Co. (Japan), SentriLock (US), Avent Security (Chi

During the Forecast Period, market participants should benefit from the growing usage of IoT-based security systems and growing urban infrastructure in emerging nations. The  Smart Lock Market  includes major Tier I and II players like ASSA ABLOY AB (Sweden), dormakaba Group (Switzerland), Spectrum Brands, Inc. (US), SALTO Systems, S.L. (Spain), Allegion plc (Ireland), and others. These players have a strong market presence for Smart lock across various countries in North America, Europe, APAC, and RoW. Rising adoption of smartphones and other connected devices The market for smart locks is strongly supported by the rising demand for tablets, smartphones, and other connected devices. In many wealthy economies, smartphone use is growing quickly. The demand for smartphones will likely continue to be driven by emerging markets like China, India, Malaysia, and Indonesia. Companies are being encouraged to deliberately spend more in smartphone-based applications and mobile websites by the bo

The   Smart Lock Market   is estimated to be valued at USD 2.1 billion in 2022 and reach USD 3.9 billion by 2027, registering a CAGR of 12.9% between 2022 and 2027. The growing adoption of IoT-based security systems and developing urban infrastructure in emerging nations are expected to create lucrative opportunities for the market players during the review period. The Smart Lock Market includes major Tier I and II players like ASSA ABLOY AB (Sweden), dormakaba Group (Switzerland), Spectrum Brands, Inc. (US), SALTO Systems, S.L. (Spain), Allegion plc (Ireland), and others. These players have a strong market presence for Smart lock across various countries in North America, Europe, APAC, and RoW. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=82787906 Rising adoption of smartphones and other connected devices The ever-growing demand for tablets, smartphones, and connected devices acts as a strong driver for the smart lock market. Smartphones are witness