Smart Lock Market: Global Market Size, Forecast, Insights, and Competitive Landscape

The global smart lock market is expected to grow at a CAGR of around 21.8% during 2022-2028. This report on global smart lock market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global smart lock market by segmenting the market based on lock type, communication protocol, end-user and region. Also, detailed profiles of companies operating in the smart lock market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision. 

Market Drivers

• Increasing Acceptance of Advanced Home Security Solutions
• Rising Urbanization and Disposable Income

Market Challenges

• High setup and installation costs

Historical & Forecast Period

Base Year: 2021

Historical Period: 2017-2020

Forecast Period: 2022-2028

Market by Lock Type

• Deadbolts
• Lever Handles
• Padlocks
• Others

Market by Communication Protocol

• Bluetooth
• Wi-Fi
• Others

Market by End-user

• Commercial
• Residential
• Institution and Government
• Industrial

Market by Region

• Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Rest of Asia Pacific
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East & Africa
• • Saudi Arabia
  • Turkey
  • Iran
  • United Arab Emirates
  • Rest of Middle East & Africa

1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Smart Lock Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Smart Lock Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. Global Smart Lock Market by Lock Type
5.1. Introduction
5.2. Deadbolts
5.3. Lever Handles
5.4. Padlocks
5.5. Others
6. Global Smart Lock Market by Communication Protocol
6.1. Introduction
6.2. Bluetooth
6.3. Wi-Fi
6.4. Others
7. Global Smart Lock Market by End-user
7.1. Introduction
7.2. Commercial
7.3. Residential
7.4. Institution and Government
7.5. Industrial
8. Global Smart Lock Market by Region
8.1 Introduction
8.2 Europe
8.2.1 Germany
8.2.2 United Kingdom
8.2.3 France
8.2.4 Italy
8.2.5 Spain
8.2.6 Russia
8.2.7 Netherlands
8.2.8 Rest of the Europe
8.3 North America
8.3.1 United States
8.3.2 Canada
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Australia
8.4.6 Indonesia
8.4.7 Rest of the Asia Pacific
8.5 Latin America
8.5.1 Mexico
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Rest of Latin America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 Turkey
8.6.3 Iran
8.6.4 United Arab Emirates
8.6.5 Rest of Middle East & Africa
9. SWOT Analysis
10. Porter’s Five Forces
11. Market Value Chain Analysis
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Company Profiles
12.2.1. Assa Abloy
12.2.2. Allegion Plc
12.2.3. Dorma+Kaba Holding AG
12.2.4. Spectrum Brands Holdings, Inc.
12.2.5. Salto Systems S.L., Onity, Inc.
12.2.6. Cansec Systems Ltd.
12.2.7. Gantner Electronic GmbH
12.2.8. Master Lock Company LLC
12.2.9. MIWA Lock Co.
12.2.10. Samsung Electronics Co., Ltd.
12.2.11. Amadas Inc., Sentrilock, LLC
12.2.12. Avent Security

List of Figures

Figure 1: Global Smart Lock Market (in US$ Million), 2017-2021
Figure 2: Global Smart Lock Market by Lock Type, 2021
Figure 3: Global Smart Lock Market by Communication Protocol, 2021
Figure 4: Global Smart Lock Market by End-user, 2021
Figure 5: Global Smart Lock Market by Region, 2021
Figure 6: Global Smart Lock Market (in US$ Million), 2022-2028
Figure 7: Global Smart Lock Market by Lock Type (in %), 2021 & 2028
Figure 8: Global Deadbolts Lights Smart Lock Market (in US$ Million), 2017-2021
Figure 9: Global Deadbolts Lights Smart Lock Market (in US$ Million), 2022-2028
Figure 10: Global Lever Handles Smart Lock Market (in US$ Million), 2017-2021
Figure 11: Global Lever Handles Smart Lock Market (in US$ Million), 2022-2028
Figure 12: Global Padlocks Smart Lock Market (in US$ Million), 2017-2021
Figure 13: Global Padlocks Smart Lock Market (in US$ Million), 2022-2028
Figure 14: Global Other Types Smart Lock Market (in US$ Million), 2017-2021
Figure 15: Global Other Types Smart Lock Market (in US$ Million), 2022-2028
Figure 16: Global Smart Lock Market by Communication Protocol (in %), 2021 & 2028
Figure 17: Global Bluetooth Smart Lock Market (in US$ Million), 2017-2021
Figure 18: Global Bluetooth Smart Lock Market (in US$ Million), 2022-2028
Figure 19: Global Wi-fi Smart Lock Market (in US$ Million), 2017-2021
Figure 20: Global Wi-fi Smart Lock Market (in US$ Million), 2022-2028
Figure 21: Global Other Communication Protocols Smart Lock Market (in US$ Million), 2017-2021
Figure 22: Global Other Communication Protocols Smart Lock Market (in US$ Million), 2022-2028
Figure 23: Global Smart Lock Market by End-user (in %), 2021 & 2028
Figure 24: Global Commercial Smart Lock Market (in US$ Million), 2017-2021
Figure 25: Global Commercial Smart Lock Market (in US$ Million), 2022-2028
Figure 26: Global Residential Smart Lock Market (in US$ Million), 2017-2021
Figure 27: Global Residential Smart Lock Market (in US$ Million), 2022-2028
Figure 28: Global Institution and Government Smart Lock Market (in US$ Million), 2017-2021
Figure 29: Global Institution and Government Smart Lock Market (in US$ Million), 2022-2028
Figure 30: Global Industrial Smart Lock Market (in US$ Million), 2017-2021
Figure 31: Global Industrial Smart Lock Market (in US$ Million), 2022-2028
Figure 32: Global Smart Lock Market by Region (in %), 2021 & 2028
Figure 33: Europe Smart Lock Market (in US$ Million), 2017-2021
Figure 34: Europe Smart Lock Market (in US$ Million), 2022-2028
Figure 35: Europe Smart Lock Market by Country (in %), 2021 & 2028
Figure 36: Germany Smart Lock Market (in US$ Million), 2017-2028
Figure 37: United Kingdom Smart Lock Market (in US$ Million), 2017-2028
Figure 38: France Smart Lock Market (in US$ Million), 2017-2028
Figure 39: Italy Smart Lock Market (in US$ Million), 2017-2028
Figure 40: Spain Smart Lock Market (in US$ Million), 2017-2028
Figure 41: Russia Smart Lock Market (in US$ Million), 2017-2028
Figure 42: Netherlands Smart Lock Market (in US$ Million), 2017-2028
Figure 43: North America Smart Lock Market (in US$ Million), 2017-2021
Figure 44: North America Smart Lock Market (in US$ Million), 2022-2028
Figure 45: North America Smart Lock Market by Country (in %), 2021 & 2028
Figure 46: United States Smart Lock Market (in US$ Million), 2017-2028
Figure 47: Canada Smart Lock Market (in US$ Million), 2017-2028
Figure 48: Asia Pacific Smart Lock Market (in US$ Million), 2017-2021
Figure 49: Asia Pacific Smart Lock Market (in US$ Million), 2022-2028
Figure 50: Asia Pacific Smart Lock Market by Country (in %), 2021 & 2028
Figure 51: China Smart Lock Market (in US$ Million), 2017-2028
Figure 52: Japan Smart Lock Market (in US$ Million), 2017-2028
Figure 53: India Smart Lock Market (in US$ Million), 2017-2028
Figure 54: South Korea Smart Lock Market (in US$ Million), 2017-2028
Figure 55: Australia Smart Lock Market (in US$ Million), 2017-2028
Figure 56: Indonesia Smart Lock Market (in US$ Million), 2017-2028
Figure 57: Latin America Smart Lock Market (in US$ Million), 2017-2021
Figure 58: Latin America Smart Lock Market (in US$ Million), 2022-2028
Figure 59: Latin America Smart Lock Market by Country (in %), 2021 & 2028
Figure 60: Mexico Smart Lock Market (in US$ Million), 2017-2028
Figure 61: Brazil Smart Lock Market (in US$ Million), 2017-2028
Figure 62: Argentina Smart Lock Market (in US$ Million), 2017-2028
Figure 63: Middle East & Africa Smart Lock Market (in US$ Million), 2017-2021
Figure 64: Middle East & Africa Smart Lock Market (in US$ Million), 2022-2028
Figure 65: Middle East & Africa Smart Lock Market by Country (in %), 2021 & 2028
Figure 66: Saudi Arabia Smart Lock Market (in US$ Million), 2017-2028
Figure 67: Turkey Smart Lock Market (in US$ Million), 2017-2028
Figure 68: Iran Smart Lock Market (in US$ Million), 2017-2028
Figure 69: UAE Smart Lock Market (in US$ Million), 2017-2028
Figure 70: Market Value Chain

List of Tables

Table 1: Global Smart Lock Market Portraiture
Table 2: Global Smart Lock Market by Lock Type (in US$ Million), 2021 & 2028
Table 3: Global Smart Lock Market by Communication Protocol (in US$ Million), 2021 & 2028
Table 4: Global Smart Lock Market by End-user (in US$ Million), 2021 & 2028
Table 5: Global Smart Lock Market by Region (in US$ Million), 2021 & 2028
Table 6: Europe Smart Lock Market by Country (in US$ Million), 2001 & 2028
Table 7: North America Smart Lock Market by Country (in US$ Million), 2021 & 2028
Table 8: Asia Pacific Smart Lock Market by Country (in US$ Million), 2021 & 2028
Table 9: Latin America Smart Lock Market by Country (in US$ Million), 2021 & 2028
Table 10: Middle East & Africa Smart Lock Market by Country (in US$ Million), 2021 & 2028
Table 11: Key Players of Smart Lock Market