The technologies in smart lock system market have undergone significant change in recent years, with mechanical lock to smart lock. The rising wave of new technologies, such as zigbee and Bluetooth are creating significant potentialin residential and commercial applications, and driving the demand for smart lock systems.
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In this market, various technologies, such as Bluetooth, Zigbee, and Wi-Fi are used to control locking and unlocking operation in smart lock in various applications. Increasing concern regarding security and safety, enhanced features compared with traditional lock system, and growing Internet of Things (IoT) are creating new opportunities for various smart lock technologies.
Lucintel, a leading global management consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in smart lock market and has now published a comprehensive research report titled “Technology Landscape, Trends and Opportunities in the Global Smart Lock Market 2019-2024”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in smart lock market.
Lucintel study finds that smart lock market is forecast to grow at 13% during next five years. Wi-Fi technology is the largest segment of market and is growing at above average growth.
Assa Abloy, Allegion, Dormakaba Holdings, Spectrum Brands, Salto System, Onity, Cansea System, Samsung Electronics, Havenlock, and Masterlock are among the major technology providers in the smart lock market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global smart lock market by application, technology, and region as follows:
Technology Readiness by Technology Type
Competitive Intensity and Regulatory Compliance
Disruption Potential by Technology Type

Trends and Forecasts by Technology Type [$M shipment analysis from 2013 to 2024]:
• Bluetooth
• Wi-Fi
• Zigbee
• Others

Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
• Industrial
o Bluetooth
o Wi-Fi
o Zigbee
o Others
• Residential
o Bluetooth
o Wi-Fi
o Zigbee
o Others
• Institutional and Government
o Bluetooth
o Wi-Fi
o Zigbee
o Others
• Commercial
o Bluetooth
o Wi-Fi
o Zigbee
o Others
• Others
o Bluetooth
o Wi-Fi
o Zigbee
o Others
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– United Kingdom
– Germany
– France
• Asia Pacific
– Japan
– China
– South Korea
– India
• The Rest of the World

Latest Developments and Innovations Smart Lock Technologies
Companies / Ecosystems
Strategic Opportunities by Technology Type
Lucintel offerings include Telecommunication Report, Telecommunication Market Report, Market Research Report, Capital Investment Feasibility and SWOT Analysis.
A more than 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-smart-lock-market.aspx or [email protected]


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