Global WiFi Smart Lock Sales Market Report 2022

SKU ID : QYR-21018300 | Publishing Date : 06-Jun-2022 | No. of pages : 121

Smart door locks are widely available, and allow users to open & close a door without keys. Smart door locks can provide people with a high level of safety that is not provided by typical locks and alarms. Smart door locks offer sophisticated “access control” features to any home or business. Proximity sensors like Bluetooth and NFC can enable a door to unlock whenever an authorized user’s smartphone approaches. Users can also remotely lock and unlock the door, or share access with any number of others, using mobile apps. Physical keypads provide a backup with many locks, but are no longer the main way to let yourself in.
Market Analysis and Insights: Global WiFi Smart Lock Market
Due to the COVID-19 pandemic, the global WiFi Smart Lock market size is estimated to be worth US$ 1139 million in 2021 and is forecast to a readjusted size of US$ 1139 million by 2028 with a CAGR of 25.9% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the WiFi Smart Lock global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The main WiFi Smart Lock players include ASSA ABLOY, SALTO, Nello, Kwikset, Allegion, etc. The top five WiFi Smart Lock players account for approximately 60% of the total global market. Europe is the largest consumer market for WiFi Smart Lock accounting for about 27%, followed by North America and Asia-Pacific. In terms of Type, Door Levers Locks is the largest segment with a share of 56%. And in terms of Applications, the largest segment is Personal Residential, followed by Home Security System.
Global WiFi Smart Lock Scope and Market Size
The global WiFi Smart Lock market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global WiFi Smart Lock market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Door Levers Locks
Segment by Application
Personal Residential
Home Security System
Institution & Government
Commercial Applications
By Region
United States
Southeast Asia
Other Regions
By Company

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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