[Market Report] Global Market for Smart Door Locks
Unlocking the Future: The Global Market for Smart Door Locks is Poised for Remarkable Growth
The global smart door lock market is rapidly expanding and is set to revolutionize the security of homes and spaces. This industry recorded a market size of 2.13 billion USD in 2022 and is projected to reach an astonishing milestone of 9.88 billion USD in estimated sales by 2031. This growth trajectory is supported by an impressive compound annual growth rate (CAGR) of 18.6% during the forecast period from 2023 to 2031. Smart door locks have emerged as a testament to the fusion of technology and security, providing enhanced convenience, control, and safety for both homeowners and businesses. As the world becomes increasingly connected and digitalized, smart door locks have become an essential component of the modern smart home ecosystem. For application methods, please check the [PDF download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
- Price:Other