- Report ID: BMRC 196 | Number of pages: 200 | Publish Date: Dec 2019
Status: Published | Category: Consumer Goods | Delivery Timeline:
Smart Locks Market 2019-2025
The forecast period 2019-2025 is expected to show significant growth in Global Smart Locks Market. There will be a new resurgence in the sales and utilisation of Smart Locks product. Are you ready to cope up with growing market? No, then have a look at our report overview and send your query to us.
Our report studies global smart locks market and covers historical and forecast data for application, regional and country level.
Smart lock is an electronic locking system using wireless and advance technology for doors locking and unlocking operations. It is consider to be the important part of smart home. It operates through the instructions received from an authorized device using a wireless protocol and a cryptographic key to execute the authorization process. smartlocks also operates using smartphones, it required mobile application connected with physical lock. It allows users to grant access to a third party by the means of a virtual key. This key can be sent to the recipient smartphone over standard messaging protocols such as e-mail or SMS.
Based in application segment, in 2016, the demand of smart lock was dominated by residential segment. It accounted for the major shares of the Smart Locks market. It is due to the increasing crime incidences across the world. The increasing demand for smartphones and other mobile devices and the continuous infrastructure developments, will drive the growth of the Smart Locks market in coming years.
Our new report discusses issues and events affecting the Smart Locks market.
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Smart Locks Market By Lock Type (Bluetooth-enabled locks, Radio Frequency Identification (RFID), Biometric Lock, App Based, Others), By Application (Government, Commercial, Industrial, Residential), Industry Analysis, Trends, and Forecast 2019