The Locksmith Journal Jan-Feb 2018 - Issue 54 | Page 11

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Global Smart Locks Market – Future Growth & Analysis

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SMART LOCKS REFER TO electromagnetic locks designed to operate using smartphones , laptops or similar mobile devices . These locks are typically operated through a mobile app , email or SMS using communication technologies such as Wi-Fi and Bluetooth Smart locks are also capable to monitor and send alerts for any sceptical events to the homeowners .
The increasing installation of smart locks can be attributed to the growing popularity of home automation across different regions . Smart locks enable enhanced control enabling the users to lock / unlock the door remotely , irrespective of their location .
Additionally , users can extend “ digital keys ” to friends , family , caregivers and anyone else who is a regularly visitor to the house . Thus , smart locks offer better flexibility as compared to the conventional locks along with improved security features .
The overall smart locks market is primarily driven by the increasing focus towards safety and security among residents as well as commercial spaces . Smart locks offer a plethora of features and thus allow the users to have a better control over people accessing their homes / commercial spaces . Smart locks offer numerous advantages such as granting permission to others to control the locks with their phones and also the convenience to lock / unlock the door . Moreover , factors such as growing penetration of smartphones , mobile apps and internet usage too contribute significantly to the adoption of smart locks .
The report titled “ Global Smart Locks Market - Growth , Future Prospects and
Competitive Analysis , 2017 - 2025 ” offers strategic insights into the global smart locks market along with the market size and estimates for the duration 2015 to 2025 . The said research study covers in-depth analysis of market segments based on product type , application and cross-sectional study across different geographies and sub-geographical regions .
The study covers the comparative analysis of different segments for the years 2016 & 2025 . The report also provides a prolific view on market dynamics such as market drivers , restraints and opportunities . In addition , the report includes a section providing insights on the key trends followed in the market .
www . credenceresearch . com

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