Germany Smart Locks Market Trends, Size, Competitive Analysis and Forecast - 2019-2025

Posted July 9, 2020 by larebomrglobal

Germany Smart Lock Market Size, Share & Trends Analysis Report by Communication protocol, By Application, By Type and Forecast 2019-2025
The Germany Smart Lock is anticipated to grow at a CAGR 10.4% during the forecast period. The reasons which will augment the growth of Germany smart lock market such as government rules & regulation and investment in public security. The need to well-developed infrastructure will support the growth of the market too in the coming future. Smart locks provide the affordable security of the premises by providing the remote access of the premise. A proper arrangement of surveillance is always required for the proper functioning of the public and private organizations.

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Country is prone to significant number of thieves and theft cases over the past five years. Theft cases have increased approximately to 2% between 2017 and 2019. Public safety & security is one of the primary reasons on which the nation focuses on be it external or internal. Along with the theft related crime, the country has also registered considerable amount of other crimes such as burglaries, sexual violence, assault, intentional homicide and others. Smart locks are tailored to provide security to the property of an individual or a group of individuals. They provide direct remote access to the owner making their access easier through portable smart devices such as mobile phones.

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Germany Smart Locks Market Segmentation

By Communication Protocol

• Bluetooth
• Wi-Fi
• Others

By Application

• Residential
• Government
• Commercial

By Type

• PadLocks
• Lever Handles
• Deadbolts
• Others

Company Profiles

• Dessmann Schliessanlagen GmbH
• Nuki Home Solutions GmbH
• Secutor Corp.
• SOREX wireless Solutions GmbH
• Tanos GmbH

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Last Updated July 9, 2020