Digital Door Lock System Market: Global Industry Analysis and Forecast (2024-2030)

The Digital Door Lock System Market size was valued at USD 2.33 Billion in 2023 and the total Digital Door Lock System Market revenue is expected to grow at a CAGR of 19.6% from 2024 to 2030, reaching nearly USD 9.75 Billion by 2030. The digital lock system industry has witnessed remarkable growth in recent years, driven by the widespread adoption of smart locks in both commercial and residential sectors globally. Smart locks, functioning as electro-mechanical systems, offer a secure and convenient alternative to traditional locking mechanisms. Authorized users issue commands through wearable devices, smartphones, or tablets, utilizing cryptographic keys for access. Notably, the smart home market has experienced exponential growth, with the number of smart homes surpassing 50 million in 2021 and reaching 57.55 million in 2022. Digital Door Lock System MarketTo know about the Research Methodology :- Request Free Sample Report The Digital Door Lock System Market is driven by the surge in smart home device usage is attributed to advancements in technology, particularly in natural language processing and improved integration among smart devices. Among these devices, digital door locks have gained significant popularity due to their enhanced security features and accessibility benefits. The demand for the digital door locks market has increased, partly fuelled by the shortcomings of traditional physical keys, key cards, and remotes, which are lost or damaged. Furthermore, the flexibility of easily changing numerical key codes compared to the complexity of altering physical locks contributes to the appeal of the Digital Door Lock System Market. Despite the evident advantages, the industry faces challenges, particularly in cybersecurity, as the rise of cybercrime poses a threat to the security of smart devices. Projections indicate potential losses of $10.5 trillion due to security issues by 2025. In response, the U.S. is considering the launch of a trust mark to establish cybersecurity criteria for companies, aiming to strengthen the security of smart devices. Digital door lock systems offer a combination of physical and electronic control, providing users with both traditional key options and electronic methods such as remote or keypad access. The integration of cloud-based technologies by leading smart lock companies enhances remote access, allowing users to control and monitor locks through virtual devices. Additionally, advancements include the incorporation of three-dimensional (3D) biometric fingerprint sensors and built-in Wi-Fi features compatible with popular voice assistants like Alexa and Google Assistant. Digital Door Lock System Market Key players in the industry, exemplified by August Inc. (ASSA ABLOY), are driving innovation through research and development activities and strategic mergers and acquisitions. For instance, the introduction of the Wi-Fi Smart Lock eliminates the need for external bridges, showcasing a commitment to user convenience and seamless integration. As the industry continues to evolve, the digital lock system sector remains at the forefront of technological innovation, providing users with enhanced security, convenience, and remote accessibility for homes and businesses alike. The Digital Door Lock System Market report covered a detailed analysis of digital door lock system industry trends, technological roadmap, digital door lock system providers, and local as well as key market manufacturers' strategic analysis, and key players benchmarking.

Digital Door Lock System Market Dynamics:

Smart Locks Drive Digital Door Lock System Market with Advanced Features and Unmatched Protection Smart locks serve as a pivotal driving force in the flourishing Digital Door Lock System Market due to their unparalleled ability to elevate home security. One of their standout features is keyless entry, eliminating the vulnerabilities associated with traditional locks and keys. This not only eradicates the risk of lost or stolen keys but also ensures that unauthorized individuals cannot easily gain access to a property. The convenience of remote access further enhances security by enabling homeowners to monitor and control their locks from virtually anywhere, adding an extra layer of vigilance. Digital Door Lock System Market Moreover, smart locks offer sophisticated activity monitoring capabilities, allowing homeowners to keep track of who enters and exits their premises. This transparency enhances overall situational awareness and provides a sense of control over the property. Unlike conventional locks, smart locks incorporate advanced encryption and authentication protocols, bolstering security measures against potential cyber threats. This digital fortification ensures that the smart lock system remains resistant to hacking attempts, safeguarding the integrity of the home. The multifaceted security features of smart locks contribute significantly to homeowners' peace of mind. The comprehensive combination of keyless entry, remote access, and robust encryption positions smart locks as a robust solution in the Digital Door Lock System Market, driving its growth as consumers increasingly prioritize technologically advanced and secure options to protect their homes. Seamless Integration and Unparalleled Convenience Drive the Surge in Digital Door Lock System Market Adoption The Digital Door Lock System Market is being significantly driven by the increasing demand for seamless integration within the broader smart home ecosystem. Digital door locks are not isolated devices; instead, they are designed to seamlessly connect with various components of the smart home infrastructure. This integration is primarily facilitated through smart home hubs or dedicated mobile applications, offering users the ability to craft personalized automation routines. For instance, users can set up their smart locks to automatically unlock the door upon their arrival or secure it when they leave, creating a truly connected and automated living experience. One of the key drivers behind the growing popularity of the digital door locks market is the unparalleled convenience they provide. Users effortlessly unlock their doors with a simple tap on their smartphones, eliminating the need for traditional keys. This ease of access is further enhanced by the integration of virtual assistants such as Amazon Alexa and Google Assistant. The incorporation of these virtual assistants allows users to control their smart locks effortlessly through voice commands, making the process as simple as saying "Unlock the front door." This user-friendly and intuitive interface is contributing to the widespread adoption of digital door locks as consumers increasingly seek solutions that streamline and enhance their daily lives, which increases demand for digital door locks market demand during the forecast period. Moreover, the Digital Door Lock System Market is also being driven by the rising awareness of security and the desire for advanced, technologically-driven solutions to protect homes and properties. The integration of smart locks into the broader digital ecosystem adds an extra layer of security, providing users with real-time monitoring and control over their home's access points. As a result, the market for digital door locks continues to grow, propelled by the convergence of convenience, automation, and enhanced security features. Biometric Innovation Drives Diverse Growth in the Digital Door Lock Industry The increasing adoption of biometric authentication methods, including fingerprint recognition and facial recognition, is playing a pivotal role in driving the growth of the Digital Door Lock System Market. These biometric solutions offer an additional layer of security and enhanced convenience, eliminating the need for users to remember passwords or carry traditional keys. Among the various options, fingerprint door locks stand out as the most prevalent, leveraging users' familiarity with fingerprint readers commonly found in smartphones. This makes them particularly suitable for both multifamily and commercial properties due to their ease of use and widespread user understanding. Digital Door Lock System Market Fingerprint door locks come in a diverse price range, spanning from $40 to $2,000, depending on the specific type of lock chosen. Facial scanners, though slightly less common, present a similar biometric approach by analyzing the unique facial features of users. While offering contactless entry, they come at a slightly higher price range of $200 to $6,000, with considerations for accuracy in low lighting conditions. On the other hand, iris scanners, often associated with spy movies, offer a distinctive form of biometric access, contributing to the market diversity. Priced between $500 and $5,000, they also provide contactless entry and are sensitive to low-light conditions. Voice recognition locks, recognizing unique vocal patterns, emerge as an affordable and practical alternative in the Digital Door Lock System Market. With a cost ranging from $90 to $700, they represent the second most economical biometric lock after fingerprint door locks. However, potential challenges include susceptibility to errors in noisy environments or when multiple individuals are speaking simultaneously. Users typically activate the lock by uttering a predefined phrase, adding a customizable layer of security. Overall, the variety of biometric options, each with its strengths and considerations, contributes to the dynamic growth of the Digital Door Lock System Market, catering to diverse user preferences and security needs.

Digital Door Lock System Market Regional Insights:

North America is expected to dominate the Digital Door Lock System Market during the forecast period. The US holds the largest Digital Door Lock System Market share in 2023. Smart locks have yet to gain widespread popularity in the United States compared to other smart home devices. According to a MMR recent study by the Consumer Technology Association (CTA), approximately 69% (equivalent to 83 million households) of U.S. households own at least one smart home device. However, smart speakers lead the adoption with a rate of 28%, while smart locks lag at only 10%. These statistics underscore the potential for market players to implement effective marketing strategies. There is a growth opportunity for smart lock manufacturers to expand their presence beyond the U.S. into European nations. Notably, companies like August Inc. and Yale Locks, both based in the United States, have introduced new smart locks in their product portfolios. These products, available in the EMEA region under the name 'Yale Access module demonstrate the potential for Digital Door Lock System Market growth through international expansion. One such innovative product is the 'Wi-Fi Smart Lock' from August Inc., which incorporates two-factor authentication and two-layer encryption. It allows remote management through a dedicated app and cloud platform. Similarly, Yale's new Linus Smart Lock features DoorSense technology, providing real-time monitoring of the door's lock/unlock status and sending notifications. The increasing prevalence of smartphones further contributes to the growth of connected devices, enabling users to remotely access and control their door locks via various mobile apps. The favorable regulatory climate for smart lock adoption is attributed to the high purchasing power of customers and escalating safety concerns, especially in essential infrastructure and household applications. The rapid growth is evident, with over 12 million homes in the U.S. now equipped with smart locks.

Digital Door Lock System Market Scope: Inquire before buying

Digital Door Lock System Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: US $ 2.33 Bn.
Forecast Period 2024 to 2030 CAGR: 19.6% Market Size in 2030: US $ 9.775 Bn.
Segments Covered: by Product Type Face Recognition Iris Recognition Voice Recognition Signature Recognition Fingerprint Recognition Electromagnetic Recognition Biometrics Keypad Locks Others
by End User Residential Commercial Industrial Government

Digital Door Lock System Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Digital Door Lock System Market Key Players:

North America: 1. August Home, Inc. (ASSA ABLOY):USA 2. Cansec Systems Ltd.:Canada 3. HavenLock, Inc.:USA 4. Kwikset (Spectrum Brands Holdings, Inc.): USA 5. Sentrilock, LLC: USA 6. Onity Inc. (Carrier Global Corporation): USA 7. Honeywell International Inc.: USA 8. Master Lock Company LLC: USA Europe: 9. MUL-T-LOCK TECHNOLOGIES LTD. (ASSA ABLOY):Israel 10. Schlage (Allegion Plc):Ireland 11. DormaKaba Holding AG:Switzerland 12. Gantner Electronic GmbH:Austria Asia: 13. Avent Security: China 14. Zigbang Co., Ltd. (Previously Samsung SDS): South Korea 15. UniKey Technologies, Inc.: 16. MIWA Lock Co.:Japan Global 17. Smart Locking Logic Proprietary Limited: 18. Yale Locks (ASSA ABLOY): Sweden 19. Salto Systems S.L.:Spain 20. Goji 21. Amadas Inc. FAQs: 1. What are the growth drivers for the Digital Door Lock System Market? Ans. Digital door locks were increasingly being integrated into broader smart home ecosystems. This integration allows users to control and monitor their door locks remotely using smartphones or other smart devices. Compatibility with platforms like Amazon Alexa, Google Assistant, or Apple HomeKit was becoming more common.. 2. What is the major restraint for the Digital Door Lock System Market growth? Ans. Cyber security-related concerns are expected to be the major restraining factor for the Digital Door Lock System Market growth. 3. Which region is expected to lead the global Digital Door Lock System Market during the forecast period? Ans. North America is expected to lead the global Digital Door Lock System Market during the forecast period. 4. What is the projected market size and growth rate of the Digital Door Lock System Market? Ans. The Digital Door Lock System Market size was valued at USD 2.33 Billion in 2022 and the total Anime revenue is expected to grow at a CAGR of 19.6% from 2023 to 2029, reaching nearly USD 9.75 Billion. 5. What segments are covered in the Market report? Ans. The segments covered in the Digital Door Lock System Market report are Product Type, End-use, and Region.
1. Digital Door Lock Market: Research Methodology 2. Digital Door Lock Market Introduction 2.1. Study Assumption and Market Definition 2.2. Scope of the Study 2.3. Executive Summary 3. Digital Door Lock Market: Dynamics 3.1. Digital Door Lock Market Trends by Region 3.1.1. North America Digital Door Lock Market Trends 3.1.2. Europe Digital Door Lock Market Trends 3.1.3. Asia Pacific Digital Door Lock Market Trends 3.1.4. Middle East and Africa Digital Door Lock Market Trends 3.1.5. South America Digital Door Lock Market Trends 3.2. Digital Door Lock Market Dynamics by Region 3.2.1. North America 3.2.1.1. North America Digital Door Lock Market Drivers 3.2.1.2. North America Digital Door Lock Market Restraints 3.2.1.3. North America Digital Door Lock Market Opportunities 3.2.1.4. North America Digital Door Lock Market Challenges 3.2.2. Europe 3.2.2.1. Europe Digital Door Lock Market Drivers 3.2.2.2. Europe Digital Door Lock Market Restraints 3.2.2.3. Europe Digital Door Lock Market Opportunities 3.2.2.4. Europe Digital Door Lock Market Challenges 3.2.3. Asia Pacific 3.2.3.1. Asia Pacific Digital Door Lock Market Drivers 3.2.3.2. Asia Pacific Digital Door Lock Market Restraints 3.2.3.3. Asia Pacific Digital Door Lock Market Opportunities 3.2.3.4. Asia Pacific Digital Door Lock Market Challenges 3.2.4. Middle East and Africa 3.2.4.1. Middle East and Africa Digital Door Lock Market Drivers 3.2.4.2. Middle East and Africa Digital Door Lock Market Restraints 3.2.4.3. Middle East and Africa Digital Door Lock Market Opportunities 3.2.4.4. Middle East and Africa Digital Door Lock Market Challenges 3.2.5. South America 3.2.5.1. South America Digital Door Lock Market Drivers 3.2.5.2. South America Digital Door Lock Market Restraints 3.2.5.3. South America Digital Door Lock Market Opportunities 3.2.5.4. South America Digital Door Lock Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Technology Roadmap 3.6. Regulatory Landscape by Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. Middle East and Africa 3.6.5. South America 3.7. Key Opinion Leader Analysis For the Digital Door Lock Market 3.8. Analysis of Government Schemes and Initiatives For the Digital Door Lock Market 3.9. The Global Pandemic Impact on the Digital Door Lock Market 4. Digital Door Lock Market: Global Market Size and Forecast by Segmentation (by Value in USD Million and Volume in Units) (2023-2030) 4.1. Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 4.1.1. Face Recognition 4.1.2. Iris Recognition 4.1.3. Voice Recognition 4.1.4. Signature Recognition 4.1.5. Fingerprint Recognition 4.1.6. Electromagnetic Recognition 4.1.7. Biometrics 4.1.8. Keypad Locks 4.1.9. Others 4.2. Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 4.2.1. Residential 4.2.2. Commercial 4.2.3. Industrial 4.2.4. Government 4.3. Digital Door Lock Market Size and Forecast, by Region (2023-2030) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East and Africa 4.3.5. South America 5. North America Digital Door Lock Market Size and Forecast by Segmentation (by Value in USD Million and Volume in Units) (2023-2030) 5.1. North America Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 5.1.1. Face Recognition 5.1.2. Iris Recognition 5.1.3. Voice Recognition 5.1.4. Signature Recognition 5.1.5. Fingerprint Recognition 5.1.6. Electromagnetic Recognition 5.1.7. Biometrics 5.1.8. Keypad Locks 5.1.9. Others 5.2. North America Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 5.2.1. Residential 5.2.2. Commercial 5.2.3. Industrial 5.2.4. Government 5.3. North America Digital Door Lock Market Size and Forecast, by Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 5.3.1.1.1. Face Recognition 5.3.1.1.2. Iris Recognition 5.3.1.1.3. Voice Recognition 5.3.1.1.4. Signature Recognition 5.3.1.1.5. Fingerprint Recognition 5.3.1.1.6. Electromagnetic Recognition 5.3.1.1.7. Biometrics 5.3.1.1.8. Keypad Locks 5.3.1.1.9. Others 5.3.1.2. United States Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 5.3.1.2.1. Residential 5.3.1.2.2. Commercial 5.3.1.2.3. Industrial 5.3.1.2.4. Government 5.3.2. Canada 5.3.2.1. Canada Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 5.3.2.1.1. Face Recognition 5.3.2.1.2. Iris Recognition 5.3.2.1.3. Voice Recognition 5.3.2.1.4. Signature Recognition 5.3.2.1.5. Fingerprint Recognition 5.3.2.1.6. Electromagnetic Recognition 5.3.2.1.7. Biometrics 5.3.2.1.8. Keypad Locks 5.3.2.1.9. Others 5.3.2.2. Canada Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 5.3.2.2.1. Residential 5.3.2.2.2. Commercial 5.3.2.2.3. Industrial 5.3.2.2.4. Government 5.3.3. Mexico 5.3.3.1. Mexico Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 5.3.3.1.1. Face Recognition 5.3.3.1.2. Iris Recognition 5.3.3.1.3. Voice Recognition 5.3.3.1.4. Signature Recognition 5.3.3.1.5. Fingerprint Recognition 5.3.3.1.6. Electromagnetic Recognition 5.3.3.1.7. Biometrics 5.3.3.1.8. Keypad Locks 5.3.3.1.9. Others 5.3.3.2. Mexico Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 5.3.3.2.1. Residential 5.3.3.2.2. Commercial 5.3.3.2.3. Industrial 5.3.3.2.4. Government 6. Europe Digital Door Lock Market Size and Forecast by Segmentation (by Value in USD Million and Volume in Units) (2023-2030) 6.1. Europe Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 6.2. Europe Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 6.3. Europe Digital Door Lock Market Size and Forecast, by Country (2023-2030) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 6.3.1.2. United Kingdom Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 6.3.2. France 6.3.2.1. France Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 6.3.2.2. France Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 6.3.3. Germany 6.3.3.1. Germany Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 6.3.3.2. Germany Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 6.3.4. Italy 6.3.4.1. Italy Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 6.3.4.2. Italy Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 6.3.5. Spain 6.3.5.1. Spain Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 6.3.5.2. Spain Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 6.3.6. Sweden 6.3.6.1. Sweden Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 6.3.6.2. Sweden Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 6.3.7. Austria 6.3.7.1. Austria Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 6.3.7.2. Austria Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 6.3.8.2. Rest of Europe Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7. Asia Pacific Digital Door Lock Market Size and Forecast by Segmentation (by Value in USD Million and Volume in Units) (2023-2030) 7.1. Asia Pacific Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.2. Asia Pacific Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3. Asia Pacific Digital Door Lock Market Size and Forecast, by Country (2023-2030) 7.3.1. China 7.3.1.1. China Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.1.2. China Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.2.2. S Korea Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3.3. Japan 7.3.3.1. Japan Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.3.2. Japan Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3.4. India 7.3.4.1. India Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.4.2. India Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3.5. Australia 7.3.5.1. Australia Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.5.2. Australia Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3.6. Indonesia 7.3.6.1. Indonesia Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.6.2. Indonesia Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3.7. Malaysia 7.3.7.1. Malaysia Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.7.2. Malaysia Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3.8. Vietnam 7.3.8.1. Vietnam Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.8.2. Vietnam Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3.9. Taiwan 7.3.9.1. Taiwan Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.9.2. Taiwan Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 7.3.10. Rest of Asia Pacific 7.3.10.1. Rest of Asia Pacific Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 7.3.10.2. Rest of Asia Pacific Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 8. Middle East and Africa Digital Door Lock Market Size and Forecast by Segmentation (by Value in USD Million and Volume in Units) (2023-2030 8.1. Middle East and Africa Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 8.2. Middle East and Africa Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 8.3. Middle East and Africa Digital Door Lock Market Size and Forecast, by Country (2023-2030) 8.3.1. South Africa 8.3.1.1. South Africa Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 8.3.1.2. South Africa Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 8.3.2. GCC 8.3.2.1. GCC Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 8.3.2.2. GCC Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 8.3.3. Nigeria 8.3.3.1. Nigeria Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 8.3.3.2. Nigeria Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 8.3.4. Rest of ME&A 8.3.4.1. Rest of ME&A Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 8.3.4.2. Rest of ME&A Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 9. South America Digital Door Lock Market Size and Forecast by Segmentation (by Value in USD Million and Volume in Units) (2023-2030 9.1. South America Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 9.2. South America Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 9.3. South America Digital Door Lock Market Size and Forecast, by Country (2023-2030) 9.3.1. Brazil 9.3.1.1. Brazil Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 9.3.1.2. Brazil Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 9.3.2. Argentina 9.3.2.1. Argentina Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 9.3.2.2. Argentina Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 9.3.3. Rest Of South America 9.3.3.1. Rest Of South America Digital Door Lock Market Size and Forecast, By Product Type (2023-2030) 9.3.3.2. Rest Of South America Digital Door Lock Market Size and Forecast, By End-User (2023-2030) 10. Global Digital Door Lock Market: Competitive Landscape 10.1. MMR Competition Matrix 10.2. Competitive Landscape 10.3. Key Players Benchmarking 10.3.1. Company Name 10.3.2. Service Segment 10.3.3. End-user Segment 10.3.4. Revenue (2022) 10.3.5. Company Locations 10.4. Leading Digital Door Lock Market Companies, by Market Capitalization 10.5. Market Structure 10.5.1. Market Leaders 10.5.2. Market Followers 10.5.3. Emerging Players 10.6. Mergers and Acquisitions Details 11. Company Profile: Key Players 11.1. August Home, Inc. (ASSA ABLOY):USA 11.1.1. Company Overview 11.1.2. Business Portfolio 11.1.3. Financial Overview 11.1.4. SWOT Analysis 11.1.5. Strategic Analysis 11.1.6. Recent Developments 11.2. Cansec Systems Ltd.:Canada 11.3. HavenLock, Inc.:USA 11.4. Kwikset (Spectrum Brands Holdings, Inc.):USA 11.5. Sentrilock, LLC:USA 11.6. Onity Inc. (Carrier Global Corporation):USA 11.7. Honeywell International Inc.:USA 11.8. Master Lock Company LLC:USA 11.9. MUL-T-LOCK TECHNOLOGIES LTD. (ASSA ABLOY):Israel 11.10. Schlage (Allegion Plc):Ireland 11.11. DormaKaba Holding AG:Switzerland 11.12. Gantner Electronic GmbH:Austria 11.13. Avent Security:China 11.14. Zigbang Co., Ltd. (Previously Samsung SDS):South Korea 11.15. UniKey Technologies, Inc.: 11.16. MIWA Lock Co.:Japan 11.17. Smart Locking Logic Proprietary Limited: 11.18. Yale Locks (ASSA ABLOY):Sweden 11.19. Salto Systems S.L.:Spain 11.20. Goji 11.21. Amadas Inc 12. Key Findings 13. Industry Recommendations
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