Smart Lock Market 2019-2023 | Integration of HMI Technologies in Smart Locks to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Smart Lock Market 2019-2023 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the smart lock market and it is poised to grow by USD 8.62 billion during the forecast period, 2019-2023. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Integration of HMI technologies in smart locks has been instrumental in driving the growth of the market. However, interoperability issues might hamper market growth. Request a free sample report

Smart Lock Market 2019-2023: Segmentation

Smart Lock Market is segmented as below:


  • Residential
  • Others

Geographic segmentation

  • North America
  • APAC
  • Europe
  • South America
  • MEA

To learn more about the global trends impacting the future of market research, download a free sample:

Smart Lock Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart lock market report covers the following areas:

  • Smart Lock Market Size
  • Smart Lock Market Trends
  • Smart Lock Market Industry Analysis

This study identifies integration of advanced technologies in smart locks as one of the prime reasons driving the smart lock market growth during the next few years.

Smart Lock Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the smart lock market, including some of the vendors such as Allegion Plc, APX Group Holdings Inc., ASSA ABLOY AB, dormakaba Holding AG, Honeywell International Inc., Napco Security Technologies Inc., Salto Systems SL, Samsung Electronics Co. Ltd., Spectrum Brands Holdings Inc. and Yunding Network Technology (Beijing) Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the smart lock market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Smart Lock Market 2019-2023: Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist smart lock market growth during the next five years
  • Estimation of the smart lock market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart lock market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart lock market vendors

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

Release Summary

The smart lock market is poised to grow by USD 8.62 billion during 2019-2023


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200