Global Smart Lock Market Set for Rapid Expansion, Valued at USD 13.16 Billion by 2034
HYDROGEN
The global smart lock market, valued at USD 2.96 billion in 2024, is set for remarkable growth, reaching USD 13.16 billion by 2034, driven by a robust CAGR of 16.1% from 2025 to 2034. This expansion is fueled by the rising adoption of smart home technology, connected devices, and IoT-driven security solutions, highlighting a significant shift towards enhanced home security and automation.
Aug 25, 2025, 12:00 AM