Wi Fi based Smart Locks Market Trends, Dynamics & Market Insights

1
Presents a Research Report on Wi Fi Based Smart
Locks Market
The report on the Wi Fi Based Smart Locks
Market is segmented By Type (Induction Lock,
Remote Control Lock, Other), Application (Househol
d, Commercial, Others), and Region - COVID-19
Impact Analysis and Forecast to 2026.This market
research report provides in-depth information on
trends, dynamics, revenue opportunities,
competitive landscape, and recent developments in
the global Wi-Fi-based Smart Locks market.


www.stratviewresearch.com
Market Reports
Advisory Consulting
Sourcing Intelligence
2
The Wi Fi Based Smart Locks Market Highlights
Drivers

• The Wi-Fi-based Smart Locks market is projected
  to grow from USD 1.4 billion in 2020 to USD 5.2
  billion by 2026 at a CAGR of around 25.2 during
  the forecast period.
• The smart lock can be defined as an
  electromechanical lock which is designed to lock
  and unlock operations on a door when it receives
  instructions from an authorized device using a
  wireless protocol and a cryptographic key to
  implement the authorization process Wi-Fi-based
  smart locks are smart locks that have a built-in
  Wi-Fi connection which allows access to
  notifications and camera.

Market Insight By Application By application,
the Wi-Fi-based smart locks market has been
bifurcated into the household, commercial, and
others. Under these, the household accounted for
the largest market share in 2020 and is projected
to register significant growth during the review
period. This can be attributed to the increasing
construction of smart houses across geographies.
3
Market Insight Competitive Insights

• By Region
• By region, the market in North America accounted
  for the largest market share in 2020 and is
  projected to grow at a significant CAGR during
  the assessment period.
• The regional growth can be attributed to the high
  adoption rate of advanced technologies coupled
  with the presence of key market players such as
  August, Inc. (US) and Goji (US).
• The market growth in the Asia-Pacific region is
  expected to be driven by increasing emphasis on
  the development of smart cities in developing
  countries particularly China and India.
• Key Players
• August, Inc. (US)
• Goji (US)
• UniKey Technologies (US)
• Yale (US)
• Danalock (Denmark)
• Lockitron Bolt (US)
• LockState, Inc. (US)
• Haven (Switzerland)
• Sesame (Canada)
• Kwikset (US)
• Ola Locks (China).

4
Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

5
Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

6
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
7
Contact Us for More Information and Sample Pages
Ask for Sample Pages here https//www.stratviewr
esearch.com/Request-Sample/2170/Wi-Fi-based-Smart-
Locks-Market.htmlform Email us
at sales_at_stratviewrsearch.com Call
Us 1-313-307-4176
8
Thank you