US Smart Lock Market Growth, Size, Share and Industry Report to 2019-2025.

Posted February 29, 2020 by mansi3210

US Smart Lock Market Size, Share & Trends Analysis Report, By Communication protocol , By Application , By Type Forecast 2019-2025
The US Smart Lock is anticipated to grow at a CAGR 10.4% during the forecast period. The US smart lock market has a significant potential growth due to adoption of smart homes and increasing safety concerns coupled with increasing crime rates. According to the World Bank, United States is the largest economy in the World. The GDP of US was estimated to be about $18.5 trillion in the year 2016. The well-established economy of the country laid the ground for growth of the smart locks market.
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The smart locks can be operated by the smartphone with the help of electronic key. Smartphone can be connected by the different technologies such as Bluetooth and Wi-Fi. Through application on smartphone the user can send and receive the electronic key on smartphone. The increasing smartphone penetration is contributing in the growth of the smart locks market in the US. The increasing crime rate is increasing the need of security and surveillance devices in the nation. The US is facing an increasing crime rate and in many of the nation’s largest cities saw increase in homicide, robbery and aggravated assault. The country is facing high violent crime rate, robbery and burglary rate.
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US Smart Lock Market Segmentation
By Communication Protocol
• Bluetooth
• Wi-Fi
• Others
By Application
• Residential
• Government
• Commercial
By Type
• Padlocks
• Lever Handles
• Deadbolts
• Others
Company Profiles
• August Smart lock
• Candy House Inc.
• Cansec Systems Ltd.
• HavenLock Inc.
• Kwikset Corp.
• Master locks Co.
• MIWA Lock Co., Ltd.
• Onity Inc.
• Schlage
• Sentrilock LLC
• Spectrum Brands Holdings, Inc.
• UniKey Technologies

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Tags us smart lock market analysis , us smart lock market forecast , us smart lock market share , us smart lock market us smart lock market reserch
Last Updated February 29, 2020