Wi-Fi Smart Lock Market Trends, Business Overview, Industry Growth and Forecast to 2028

The Wi-Fi Smart Lock market is projected to grow at a CAGR of 24% during the forecast period. A smart lock is defined as an electromechanical lock designed to unlock and lock a door or safe when it receives the necessary commands from an authenticated device using wireless protocols and encryption keys to perform the authentication process. Smart door locks bring an enhanced level of functionality to your home or business. Proximity sensors such as Bluetooth and NFC can ensure that the door unlocks whenever an authorized user’s smartphone enters a specified proximity.

 

Key Players

 

  • ASSA ABLOY
  • Kwikset
  • Allegion
  • Dormakaba
  • August
  • SALTO
  • Nello
  • Dessmann

 

Market – Segmentation

By Type

  • Deadbolts
  • Lever Handles
  • Padlocks
  • Others

 

By Application

  • Residential
  • Commercial
  • Institution and Government
  • Industrial

 

Scope of the Report

 

The research study analyses the Global Wi-Fi Smart Lock Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

 

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage 

 

  • North America Market Size and/or Volume
  • Latin America Market Size and/or Volume
  • Europe Market Size and/or Volume
  • Asia-Pacific Market Size and/or Volume
  • Rest of the world Market Size and/or Volume

 

Key Questions Answered by Wi-Fi Smart Lock Market Report :

  1. What was the Wi-Fi Smart Lock Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
  2. What will be the CAGR of Wi-Fi Smart Lock Market during the forecast period (2022-2028)?
  3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
  4. Which manufacturer/vendor/players in the Wi-Fi Smart Lock Market was the market leader in 2021s?
  5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report will be delivered within 48-72 hours after payment confirmation