Global Smart Lock Market 2017-2021




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About Smart Lock
Smart locks are devices that integrate sensors and integrated circuits (ICs) designed to lock and unlock doors and systems through signals received from an authorized device in the form of a digital key. The increase in the popularity of smart locks over the last few years can be attributed to the number of emerging smart homes with technologically advanced home appliances and infrastructure. The most promising offerings among these are security cameras and smart locks. The growing automation in homes and monitoring of premises in developed regions has resulted in the growth of the smart lock market.

Technavios analysts forecast the global Smart Lock market to grow at a CAGR of 80.6% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart lock market for 2017-2021. To calculate the market size, the report considers the total shipments of smart locks to customers worldwide.

The market is divided into the following segments based on geography:

Technavio's report, Global Smart Lock Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
August Home
Candy House
Unikey Technologies

Market driver
Benefits of smart locks over traditional locks
For a full, detailed list, view our report

Market challenge
Low price of digital door locks
For a full, detailed list, view our report

Market trend
Growth of IoT market
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
Connected devices market outlook
Smart home market outlook
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by end-user
Market overview
PART 07: Geographical segmentation
Market overview
Smart lock market in Americas
Smart lock market in EMEA
Smart lock market in APAC
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Growth of IoT market
Change in consumer behavior
Growing demand for smart homes and the development of smart cities
Voice recognition based smart locks
PART 11: Vendor landscape
Competitive scenario
PART 12: Appendix
List of abbreviations
List of Exhibits
Exhibit 01: Smart locks contribution to connected devices market 2016
Exhibit 02: Smart home Value chain
Exhibit 03: Trends in home security systems
Exhibit 04: Smart home services
Exhibit 05: Overview of global smart lock market
Exhibit 06: Global smart lock market ($ billions)
Exhibit 07: ASP of smart locks 2016-2021 ($)
Exhibit 08: Five forces analysis
Exhibit 09: Global smart lock market by end-user 2016-2021 (% share of revenue)
Exhibit 10: Global smart lock market by end-user 2016-2021 ($ billions)
Exhibit 11: Global smart lock market by geography 2016-2021 (% share of revenue)
Exhibit 12: Global smart lock market by geography 2016-2021 ($ billions)
Exhibit 13: Smart lock market in Americas 2016-2021 ($ billions)
Exhibit 14: Smart lock market in EMEA 2016-2021 ($ billions)
Exhibit 15: Smart lock market in APAC ($ billions)
Exhibit 16: Global smartphone market 2016-2021 (units in millions)
Exhibit 17: ASP comparison of digital locks and smart locks 2017 ($)
Exhibit 18: Reasons behind changing consumer behavior
Exhibit 19: Global smart home market 2016-2021 ($ billions)
Exhibit 20: Smart home penetration regional share 2016-2021
Exhibit 21: August Home: Recent developments
Exhibit 22: Kwikset: Recent developments
Exhibit 23: OKIDOKEYS: Recent developments
Exhibit 24: OKIDOKEYS: Recent developments
Exhibit 25: Yale: Recent developments