Dublin, Oct. 23, 2023 (GLOBE NEWSWIRE) — The “Global Smart Door Lock Market: Analysis By Product, By Technology, By Application, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2028” report has been added to ResearchAndMarkets.com’s offering.
In 2022, the global smart door lock market was valued at US$2.14 billion. The market is expected to grow to US$5.90 billion in 2028. The smart door lock market is expected to grow at a CAGR of 18.45% over the years 2023-2028.
The global smart door lock market has witnessed a transformative shift in recent years, with the industry becoming increasingly fragmented. However, organized players have been steadily gaining market share due to their extensive product offerings, superior services, and enhanced brand visibility. This trend is expected to continue as consumers increasingly prioritize home security and contactless…
