Global Smart Door Lock Market is Expected to Grow at a CAGR of 19.8% during the Forecast period (2016-2024)

Posted on 2018-04-26 by Goldstein Research in Technology // 0 Comments

New York, USA, 2018-Apr-26 — /EPR Network/ — According to Goldstein Research, smart door locks market is in nascent stage but the global smart door locks market is expected to grow significantly owing to its various security and convenience benefits. Rising urbanization and growing trend of smart technologies is increasing the consumer’s interest towards smart door locks. Smart door locks is a best substitute which provides more security features than conventional door locks with real time monitoring. Advanced IoT devices are equipped with sensors such as Near Field Communication (NFC), ZigBee or lower power Bluetooth that allow the smart door locks to communicate with homeowner’s smartphone or smart wearable. Global Smart Door Lock Market Outlook also includes product development, marketing and investment strategies adopted by major market players in order to expand their business across the globe.

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Market Segmentation

On the basis of our in-depth analysis, global smart door lock market can be segmented as follows:

By Products

Non Mobile App Based
Biometric Based Smart Locks
Face Recognition Door Locks
Palm Recognition Door Locks
Iris Recognition Door Locks
Voice Recognition Door Locks
Fingerprint Recognition Door Locks
Signature Recognition Door Locks
Hybrid/Integrated Locks
Magnetic Strip Door Locks
Electric Strike Door Locks

By Connectivity Technology

Mobile App Based
Wi-Fi
Bluetooth

By End Users

Industrial Sector
Corporate Sector
Government Sector
Residential Sector

By Distribution Channel

Online Channel Distribution
Offline Channel Distribution

Based on Geography

North America (U.S. & Canada) Smart Door Lock Market {Market Share (%), Market Size(USD Billion)}
Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Smart Door Lock Market {Market Share (%), Market Size(USD Billion)}
Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Smart Door Lock Market {Market Share (%), Market Size(USD Billion)}
Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Smart Door Lock Market {Market Share (%), Market Size(USD Billion)}
Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Smart Door Lock Market {Market Share (%), Market Size(USD Billion)}

“Global Smart Door Lock Market Outlook 2024” contains detailed overview of the global Smart Door Lock market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, connectivity technology, distribution channel and end users.

Further, for the in-depth analysis, Global Smart Door Lock Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Samsung, Panasonic, Guangdong Be-Tech Security Systems, DESSMANN, Lockitron, Kaadas, Masterlock, ASSA ABLOY etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global smart door lock market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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