Smart Lock Market by Technology, End-user, and Geography - Forecast and Analysis 2023-2027
| Published: Oct 2023 | Pages: 163 | SKU: IRTNTR44843 |
Smart Lock Market Forecast 2023-2027
The Global Smart Lock Market size is estimated to grow by USD 1,736.68 million at a CAGR of 11.61% between 2022 and 2027. The growth of the market depends on several factors, such as the growing number of smart cities worldwide, the integration of human-machine interface (HMI) technologies, and the increasing applications of smart security in residential and commercial sectors. These are high-tech security tools that can be used in place of conventional key-based locks. They use wireless connectivity, such as Bluetooth or WiFi, to let authorized devices, like smartphones, access and manage the system remotely. Keyless entry, remote locking and unlocking, activity monitoring, and interaction with smart home systems are just a few of the practical advantages offered. They improve accessibility and security while serving both residential and business customers.
The report also includes an in-depth analysis of drivers, trends, and challenges.
What will be the Size of the Smart Lock Market During the Forecast Period?
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Market: Key Drivers, Trends, Challenges, and Customer Landscape
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Market Driver
The growing number of smart cities worldwide is the key factor driving the growth of the global smart door lock market. Smart cities are designed to leverage technology and data to improve the quality of life for their residents. This includes the adoption that can help to ensure public and private safety. Smart security solutions can include advanced video surveillance systems, access control systems, and other technologies that can help detect and respond to security threats in real-time.
Moreover, the increasing adoption is also being driven by the growing use of Internet of Things (IoT) devices and other technologies. These technologies are making it easier to collect, analyze, and respond to data from these in real-time, allowing for more efficient and effective security operations. Overall, the growing number of smart cities worldwide is expected to drive significant growth in the global smart door lock market in the forecast period.
Major Market Trends
The growing prevalence of biometric authentication is the primary trend in the global market. In the global market, biometric technologies like fingerprint scanning and facial recognition are becoming increasingly popular. By doing away with the need for physical keys or personal identification number (PIN) numbers, these cutting-edge authentication techniques offer increased security and convenience. For instance, companies like August and Yale offer fingerprint-scanning that allows users to unlock doors using their individual biometric information.
Similarly, Latch offers facial recognition-capable that enables simple and secure access control. The market in focus emphasizes enhancing user experience and bolstering the overall security systems displayed in the incorporation of biometrics. Hence, the growing prevalence of biometric authentication is a trend that is expected to drive the growth of the smart door lock market in focus during the forecast period.
Significant Market Challenge
Lack of awareness among end-users is a major challenge to the growth of the global market. The awareness of the presence of such technologies can help people and organizations understand the security risks and threats that they could face and can help them take effective security measures in a cost-effective manner. Compromising on security can be detrimental to organizations. Currently, most organizations in developing regions are unaware of security breaches that may lead to the loss of confidential data.
Therefore, companies need to create awareness of upcoming technologies through trade fairs, seminars and webinars, and other promotional events. The lack of cost-effectively effective security measures of awareness adversely affects the widespread adoption of these solutions and inhibits market growth. Thus, the lack of awareness among end-users about smart security solutions will hinder the growth of the market in focus during the forecast period.
Market Customer Landscape
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Who are the Major Smart Lock Market Companies?
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
- Be Tech Asia Ltd.
- Carrier Global Corp.
- dorsetindia.com
- Honeywell International Inc.
- I Leaf Buildpro Pvt Ltd.
- iF International Forum Design GmbH
- iLockey
- Jainson Locks
- Napco Security Technologies Inc.
- Salto Systems SL
- Samsung Electronics Co. Ltd.
- SOLITY Co Ltd.
- Spectrum Brands Holdings Inc.
- Tekno Electro Solutions Pvt Ltd
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
What is the Fastest-Growing Segments in the Market?
The market share growth by the WiFi segment will be significant during the forecast period. The market is significantly influenced by WiFi technology, which offers customers seamless connectivity and increased convenience. Wi-Fi-enabled locks are gaining popularity as smart home solutions become more widely used.
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The wifi segment was valued at USD 542.36 million in 2017 and continued to grow by 2021. Through smartphone apps or voice assistants, these locks enable customers to remotely control and monitor their doors while providing access to designated individuals. For instance, the Schlage Encode Smart WiFi Deadbolt and the August WiFi are popular options on the market in focus. WiFi is a crucial technology in the global smart door lock market because it allows users to manage access codes, receive real-time notifications, and interface with other smart devices. Hence, owing to the conveniences of WiFi technology in these products, the WiFi technology segment is expected to gain a growth momentum and hence, drive the growth of the smart door lock market during the forecast period.
Which are the Key Regions for the Market?
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North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional market growth and trends and drivers that shape the market during the forecast period. The market's expansion is being driven by a number of well-established North American firms. For instance, August Home provides an array of these systems with cutting-edge capabilities like voice assistant integration and remote access control.
Moreover, manufacturers are being pushed to improve their product lines and implement reliable cybersecurity measures as a result of the government's emphasis on data security and privacy. Overall, the North American market is expected to expand rapidly during the forecast period due to manufacturers' innovative product lines and encouraging government programs that aim to increase security in the IoT environment. Such factors will increase the market growth during the forecast period.
Segment Overview
The market report forecasts market growth by revenue at global, regional & country levels and provides market trends and analysis and market research and growth opportunities from 2017 to 2027.
- Deployment Outlook (USD Million, 2017 - 2027)
- WiFi
- Bluetooth
- Zigbee
- Z-Wave
- End User (USD Million, 2017 - 2027)
- Commercial
- Residential
- Region Outlook (USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
Market Analyst Overview
The market is experiencing significant growth driven by Artificial Intelligence (AI) and Machine Learning (ML) advancements. The market is witnessing increased adoption of smart locks due to consumer awareness about their advantages in terms of security, complexity, and high efficiency. These locks are integral to home automation technology, particularly in the hospitality industry and residential environments. They are also becoming a standard feature in construction projects.
The market offers smart door locks with cameras, enhancing security in homes with a high degree of accuracy and precision. Connectivity technologies like Wi-Fi or Bluetooth enable remote access, while RFID locks provide contactless functionality. Innovative algorithms embedded within these locks further optimize their performance.
Furthermore, automated fingerprint identification technology ensures robust security measures, adding layers to the attack surface against potential burglaries. This technological integration is contributing to a paradigm shift in home security, where analytics play a crucial role in monitoring and enhancing safety measures.
Moreover, in the competitive landscape, companies like Amazon with its Alexa-enabled devices are driving innovation in this space. The market is also witnessing increased competitor analysis and M&A activities, led by chief executive officers striving for market dominance.
Regulatory bodies play a crucial role in ensuring standards and safety in the market, particularly in areas like biotechnology, biomaterials, and bioinformatics, where the accuracy of data and precision of technologies are paramount. The market is transitioning from traditional locks to smart locks, integrating seamlessly with other smart home devices and communication protocols. This transition is evident in various settings, including apartments, condominiums, and residential complexes, where the demand for advanced security measures is on the rise.
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Smart Lock Market Scope |
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Report Coverage |
Details |
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Page number |
163 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.61% |
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Market growth 2023-2027 |
USD 1,736.68 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
10.89 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 36% |
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Key countries |
US, Canada, United Arab Emirates, China, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ASSA ABLOY AB, Be Tech Asia Ltd., Carrier Global Corp., dorsetindia.com, Honeywell International Inc., I Leaf Buildpro Pvt Ltd., iF International Forum Design GmbH, iLockey, Jainson Locks, Napco Security Technologies Inc., Salto Systems SL, Samsung Electronics Co. Ltd., SOLITY Co Ltd., Spectrum Brands Holdings Inc., Tekno Electro Solutions Pvt Ltd, Vivint Inc., Yale India, Davcor Group Pty Ltd, Dormakaba Holding AG, and Allegion Public Ltd. Co. |
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Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market growth analysis for forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the market size and its contribution of the market in focus to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- market growth and forecasting across North America, Europe, APAC, South America, and Middle East and Africa
- Thorough analysis of the market forecast, competitive landscape and detailed information about companies
- Comprehensive market analysis and report on the factors that will challenge the growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global smart lock market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global smart lock market 2017 - 2021 ($ million)
- 4.2 Technology Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ million)
- 4.3 End User Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End User Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Technology
- 6.1 Market segments
- Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)
- 6.2 Comparison by Technology
- Exhibit 32: Chart on Comparison by Technology
- Exhibit 33: Data Table on Comparison by Technology
- 6.3 WiFi - Market size and forecast 2022-2027
- Exhibit 34: Chart on WiFi - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on WiFi - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on WiFi - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on WiFi - Year-over-year growth 2022-2027 (%)
- 6.4 Bluetooth - Market size and forecast 2022-2027
- Exhibit 38: Chart on Bluetooth - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Bluetooth - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Bluetooth - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Bluetooth - Year-over-year growth 2022-2027 (%)
- 6.5 Zigbee - Market size and forecast 2022-2027
- Exhibit 42: Chart on Zigbee - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Zigbee - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Zigbee - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Zigbee - Year-over-year growth 2022-2027 (%)
- 6.6 Z-wave - Market size and forecast 2022-2027
- Exhibit 46: Chart on Z-wave - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Z-wave - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Z-wave - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Z-wave - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Technology
- Exhibit 50: Market opportunity by Technology ($ million)
- Exhibit 51: Data Table on Market opportunity by Technology ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 52: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 53: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 54: Chart on Comparison by End-user
- Exhibit 55: Data Table on Comparison by End-user
- 7.3 Commercial - Market size and forecast 2022-2027
- Exhibit 56: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
- 7.4 Residential - Market size and forecast 2022-2027
- Exhibit 60: Chart on Residential - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Residential - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Residential - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by End-user
- Exhibit 64: Market opportunity by End-user ($ million)
- Exhibit 65: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 67: Chart on Market share by geography 2022-2027 (%)
- Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 Japan - Market size and forecast 2022-2027
- Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.11 United Arab Emirates - Market size and forecast 2022-2027
- Exhibit 103: Chart on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on United Arab Emirates - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on United Arab Emirates - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 111: Market opportunity by geography ($ million)
- Exhibit 112: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 113: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 115: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 116: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 117: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 118: Matrix on vendor position and classification
- 12.3 Allegion Public Ltd. Co.
- Exhibit 119: Allegion Public Ltd. Co. - Overview
- Exhibit 120: Allegion Public Ltd. Co. - Product / Service
- Exhibit 121: Allegion Public Ltd. Co. - Key offerings
- 12.4 ASSA ABLOY AB
- Exhibit 122: ASSA ABLOY AB - Overview
- Exhibit 123: ASSA ABLOY AB - Business segments
- Exhibit 124: ASSA ABLOY AB - Key news
- Exhibit 125: ASSA ABLOY AB - Key offerings
- Exhibit 126: ASSA ABLOY AB - Segment focus
- 12.5 Be Tech Asia Ltd.
- Exhibit 127: Be Tech Asia Ltd. - Overview
- Exhibit 128: Be Tech Asia Ltd. - Product / Service
- Exhibit 129: Be Tech Asia Ltd. - Key offerings
- 12.6 Dormakaba Holding AG
- Exhibit 130: Dormakaba Holding AG - Overview
- Exhibit 131: Dormakaba Holding AG - Product / Service
- Exhibit 132: Dormakaba Holding AG - Key offerings
- 12.7 dorsetindia.com
- Exhibit 133: dorsetindia.com - Overview
- Exhibit 134: dorsetindia.com - Product / Service
- Exhibit 135: dorsetindia.com - Key offerings
- 12.8 Honeywell International Inc.
- Exhibit 136: Honeywell International Inc. - Overview
- Exhibit 137: Honeywell International Inc. - Business segments
- Exhibit 138: Honeywell International Inc. - Key news
- Exhibit 139: Honeywell International Inc. - Key offerings
- Exhibit 140: Honeywell International Inc. - Segment focus
- 12.9 iF International Forum Design GmbH
- Exhibit 141: iF International Forum Design GmbH - Overview
- Exhibit 142: iF International Forum Design GmbH - Product / Service
- Exhibit 143: iF International Forum Design GmbH - Key offerings
- 12.10 iLockey
- Exhibit 144: iLockey - Overview
- Exhibit 145: iLockey - Product / Service
- Exhibit 146: iLockey - Key offerings
- 12.11 Jainson Locks
- Exhibit 147: Jainson Locks - Overview
- Exhibit 148: Jainson Locks - Product / Service
- Exhibit 149: Jainson Locks - Key offerings
- 12.12 Napco Security Technologies Inc.
- Exhibit 150: Napco Security Technologies Inc. - Overview
- Exhibit 151: Napco Security Technologies Inc. - Product / Service
- Exhibit 152: Napco Security Technologies Inc. - Key news
- Exhibit 153: Napco Security Technologies Inc. - Key offerings
- 12.13 Salto Systems SL
- Exhibit 154: Salto Systems SL - Overview
- Exhibit 155: Salto Systems SL - Product / Service
- Exhibit 156: Salto Systems SL - Key offerings
- 12.14 Samsung Electronics Co. Ltd.
- Exhibit 157: Samsung Electronics Co. Ltd. - Overview
- Exhibit 158: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 159: Samsung Electronics Co. Ltd. - Key news
- Exhibit 160: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 161: Samsung Electronics Co. Ltd. - Segment focus
- 12.15 Spectrum Brands Holdings Inc.
- Exhibit 162: Spectrum Brands Holdings Inc. - Overview
- Exhibit 163: Spectrum Brands Holdings Inc. - Business segments
- Exhibit 164: Spectrum Brands Holdings Inc. - Key news
- Exhibit 165: Spectrum Brands Holdings Inc. - Key offerings
- Exhibit 166: Spectrum Brands Holdings Inc. - Segment focus
- 12.16 Vivint Inc.
- Exhibit 167: Vivint Inc. - Overview
- Exhibit 168: Vivint Inc. - Product / Service
- Exhibit 169: Vivint Inc. - Key offerings
- 12.17 Yale India
- Exhibit 170: Yale India - Overview
- Exhibit 171: Yale India - Product / Service
- Exhibit 172: Yale India - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 173: Inclusions checklist
- Exhibit 174: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 175: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 176: Research methodology
- Exhibit 177: Validation techniques employed for market sizing
- Exhibit 178: Information sources
- 13.5 List of abbreviations
- Exhibit 179: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
smart lock market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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