Smart Locks Market - Forecast (2021 - 2026)

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Smart Locks MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• According to findings by the FBI (Federal Bureau
  of Investigation), the number of burglaries in
  the U.S. exceeded 1.4 million in 2017.
• After further analysis, it was calculated that
  36.2 of such cases encountered unlawful entries
  into properties. 
• Rising instances of security breaches in
  commercial and residential infrastructures has
  boosted the adoption of innovative and efficient
  security appliances.

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• Smart Locks Market Outlook
• In terms of end-user verticals, the market is
  sub-segmented into commercial and residential
  sector. Further analysis evaluates that
  residential sector is the fastest growing segment
  progressing with an application CAGR of 14.74
  going through 2025.
• The commercial sector comprising of government
  infrastructures, banking and finance enterprises,
  and public spaces are mature and registered high
  revenue, but residential sector progressing
  towards smart and automated homes is witnessing
  substantial influx of demand.

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• Smart Locks Market Growth Drivers and Trends
• Integration of IoT and smartphones, with smart
  lock is a major trend disrupting the market
  growth and alleviating it from the limited range
  of connectivity it delivered via connection from
  Bluetooth and Wi-Fi.  
• Connected over Internet, smart locks can be
  operated and accessed remotely via cryptographic
  key or from an installed application.

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• Smart Locks Market Players
• Allegion Plc
• DormaKaba Holding AG
• Spectrum Brands Holdings, Inc.
• Salto Systems S.L
• Cansec Systems Ltd.
• Gantner Electronic GmbH
• MIWA Lock Co
• Master Lock Company LLC.

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Smart Locks Market Learn More About the Report
_at_ https//www.industryarc.com/Research/Smart-Loc
ks-Market-Research-502483
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• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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