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Global Smart Locks Market Size, Share & Trends Analysis Report By Type (Padlocks, Lever Handles, Deadbolts, and Others) By Communication Protocol (Bluetooth, Wi-Fi, and Others) By Application (Residential, Government, and Commercial) Forecast 2021-2027<br>
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Orion Market Research Global Smart Locks Market Share, Size, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027 Market: Request https://www.omrglobal.com/request-sample/smart-lock-market a Free Sample of our Report on Smart Locks Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The global smart locks market is anticipated to grow at a CAGR of around 10.2% during the forecast period (2021-2027). The rising adoption of smartphones coupled with advanced wireless features, and growing security and safety concerns are the major factors driving the growth of the market. The adoption of a smart locking system due to the increasing robbery crimes is expected to positively influence product sales. The adoption of smart locks in various end-users such as residential, and commercial has gaining popularity due to the safety features provided by them. With smart lock systems, people can access their home privacy with their smartphones by giving instructions from anywhere. Additionally, the instructions are provided using a wireless protocol and a cryptographic key for executing the authorization process. The benefits offered by the smart lock systems such as enabling users to grant access to their locks directly from their phones and convenience of automatically unlocking door without having to reach for keys has increased its demand in home automation. (Get 15% Discount on Buying this Report) Get Report Sample Copy @ https://www.omrglobal.com/request-sample/smart-lock-market Moreover, the market players are also introducing new and advanced locking systems to remain competitive in the market. For instance, in January 2020, The Kwikset, brand of Spectrum Brands Holdings, Inc. had launched Halo Touch, a Wi-Fi Smart lock into its family of Wi-Fi enabled Smart Locks. Halo Touch Smart Lock provides homeowners access to their home via fingerprint. It also comes with the ability to program and store up to 100 fingerprints. In November 2019, Master Lock had launched a Bluetooth Door Controller that offers security professionals and cost- effective keyless access control to customers from the convenience of their smartphone. Thus, the adoption of these smart locks in residential and commercial verticals will drive the growth of the market during the forecast period. A https://www.omrglobal.com/industry-reports/smart-lock-market Full Report of Global Smart Locks Market is Available at: Global Smart Locks Market Report Segment By Type •Padlocks •Lever Handles •Deadbolts •Others (Rim Latch Lock, Knob Lock) By Communication Protocol •Bluetooth •Wi-Fi •Others (Zigbee, Z-Wave)
By Application •Residential •Government •Commercial Global Smart Locks Market Report Segment by Region North America •United States •Canada Europe •UK •Germany •Italy •Spain •France •Rest of Europe Asia-Pacific •China •India •Japan •South Korea •Rest of Asia-Pacific Rest of the World Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For https://www.omrglobal.com/report-customization/smart-lock-market More Customized Data, Request for Report Customization @
About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 780-304-0404