Global Smart Lock Market 2018-2022
About Smart Lock
Smart lock is an electromechanical lock which can be controlled remotely by authorized electronic devices such as smartphones, wearables and tablets. The smart locks can be connected with a smartphone via Bluetooth, Wi-Fi and Zigbee networks. Smart locks can be integrated with new or existing traditional locks. The users can also receive alerts regarding actionable security risks or other key events.
Technavio’s analysts forecast the global smart lock market to grow at a CAGR of 14.87% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart lock market for 2018-2022. To calculate the market size, the report considers the revenue generated from the use of smart lock by various end users including residential and others.
The market is divided into the following segments based on geography:
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