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), Zig Bee or lower power Bluetooth that allow the smart door locks to communicate with homeowner's smart phone 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.
Market Segmentation
On the basis of our in-depth analysis, global smart door lock market can be segmented as follows:
• By Products
o 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

o Hybrid/Integrated Locks
 Magnetic Strip Door Locks
 Electric Strike Door Locks

• By Connectivity Technology
o Mobile App Based
o Wi-Fi
o Bluetooth

• By End Users
o Industrial Sector
o Corporate Sector
o Government Sector
o Residential Sector

• By Distribution Channel
o Online Channel Distribution
o Offline Channel Distribution

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