Absolute Market Research’s Post

🌐Step into a world of durability and innovation! ✨Did you know? The Smart Lock Market size is estimated at USD 2.80 billion in 2024, and is expected to reach USD 5.75 billion by 2028, growing at a CAGR of 15.40% from 2024 to 2028. 📈 This surge is fueled by the increasing adoption of smart homes and the growing preference for integrated, automated solutions. 🏡 Don't miss out on the future of home security and convenience!🌟 🔍 Highlights: ✅ Commercial Adoption is Expected to Grow Significantly ✅ United States is Expected to Grow Significantly ✅ The rising adoption of smartphones and other connected devices ✅ Deadbolt locks accounted for a large share of the smart lock market in 2022 ✅ Keypad unlocking mechanisms accounted for a more significant proportion of the smart lock market in 2022 ✅ Residential vertical accounted for a more significant proportion of the smart lock market in 2022 ✅ Lack of awareness among customers ✅ The growing proliferation of smart cities ✅ Risk of cyberattacks through smart devices and loT-enabled devices ✅ The increasing use due to security concerns is expected to drive market growth 📖To understand how our report can bring difference to your business strategy @ https://lnkd.in/dcR9hWri Key players are - ASSA ABLOY Group, dormakaba, Spectrum Brands, Inc, SALTO Systems, Allegion, Honeywell, Dahua Technology Co. LTD, Vivint, RemoteLock, Onity, The Master Lock Company, Anviz Global #SmartWorld #SmartLock #Smartcities #Lock #smartcity #loT #smartdevice #smartdevices #security #home #homesecurity #futureofsecurity #futureofhome #Deadbolt #Padlock #Latches #Hospitality #Healthcare #Banking #Enterprise #Manufacturing #Energy #Utilities #Oil #Gas #Transportation #Logistics #Bluetooth #WiFi #Zigbee #Touch #Smartphone #Biometric #innovationrevolution #sustainablefuture #techadvancements #technology #FutureOfTechnology #Innovation #tech #AMR

  • Smart Lock Market

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