Dublin, Feb. 17, 2026 (GLOBE NEWSWIRE) — The “Smart Lock Market Companies Analysis, Company Profiles, Strategic Developments, Mergers, Product Innovations, Revenue Insights, and Future Forecasts” report has been added to ResearchAndMarkets.com’s offering.
The global smart lock market is anticipated to record healthy growth, increasing from US$3.12 billion in 2025 to US$11.77 billion by 2033. This surge represents a CAGR of 18.05% during the forecast period of 2025-2033.
Increasing demand for sophisticated security solutions, rapid penetration of smart home technologies, and rapid developments related to IoT connectivity, among others, are the key growth factors here. Smart locks have been revolutionizing security systems in both residential and commercial fields globally.
A smart lock is an advanced, electronically controlled locking system that enables users to lock and access doors using digital means rather than a traditional mechanical key. These locks commonly operate through smartphones, Bluetooth, Wi-Fi, keypads, or biometric authentication, such as fingerprints. Smart locks enhance convenience, improve security features, and provide homeowners and businesses with remote access to monitor entries, set alerts, and seamlessly permit temporary or scheduled access to specified individuals. Many of these models integrate with larger smart home ecosystems, permitting voice control and automation through platforms such as Amazon Alexa, Google Home, and Apple HomeKit.
With the rise of smart homes, increasing security-related apprehensions, and advancement in IoT technologies, smart locks have gained significant momentum all over the world. These devices combine safety, convenience, and modern functionality that make them increasingly popular among consumers. In the commercial segments, including hospitality, coworking spaces, and vacation rentals, smart locks facilitate seamless operations via digital check-in processes and centralized access management. As urbanization increases and people look for more efficient solutions based on technology, smart locks are fast becoming one of the mainstream security options for people globally, thus making them one of the fastest-growing security solutions in both developed and emerging markets.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2025 – 2033 |
| Estimated Market Value (USD) in 2025 | $3.12 Billion |
| Forecasted Market Value (USD) by 2033 | $11.77 Billion |
| Compound Annual Growth Rate | 18.0% |
| Regions Covered | Global |
Key Topics Covered:
1. Smart Lock Market
1.1 Historical Trends
1.2 Forecast Analysis
2. Companies Share – Smart Lock Market
3. Allegion plc.
3.1 Overview
3.1.1 Company History and Mission
3.1.2 Business Model and Operations
3.1.3 Workforce
3.2 Key Persons
3.2.1 Executive Leadership
3.2.2 Operational Management
3.2.3 Division Leaders
3.2.4 Board Composition
3.3 Recent Development & Strategies
3.3.1 Mergers & Acquisitions
3.3.2 Partnerships
3.3.3 Investments
3.4 Sustainability Analysis
3.4.1 Renewable Energy Adoption
3.4.2 Energy-Efficient Infrastructure
3.4.3 Use of Sustainable Packaging Materials
3.4.4 Water Usage and Conservation Strategies
3.4.5 Waste Management and Circular Economy Initiatives
3.5 Product Analysis
3.5.1 Product Profile
3.5.2 Quality Standards
3.5.3 Product Pipeline
3.5.4 Product Benchmarking
3.6 Strategic Assessment: SWOT Analysis
3.6.1 Strengths
3.6.2 Weaknesses
3.6.3 Opportunities
3.6.4 Threats
3.7 Revenue Analysis
The above information will be provided for all the following companies:
- Allegion plc.
- Avent
- AssaAbloy
- DormaKaba Holding AG.
- Samsung
- zhejiangdahua technology co. ltd.
- Spectrum Brands Holdings, Inc.
- Panasonic Corporation
- Honeywell International Inc.
- SALTO Systems S.L.
- MIWA Lock Co.
- Wyze Labs, Inc.
- Mul-T-Lock
- Onity Inc.
- ZKTECO Co., Ltd.
- Kaadas (Shenzhen Kaadas Intelligent Technology Co., Ltd.)
- Godrej & Boyce Manufacturing Co. Ltd.
- Master Lock Company LLC
- Level Home Inc.
- HavenLock, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/bym3sd
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