The global digital lock industry has experienced a remarkable surge in recent years, redefining the way we secure our homes, offices, and other spaces. Digital locks, also known as electronic locks, are cutting-edge devices that provide enhanced security, convenience, and seamless integration with modern technology. These innovative locks offer keyless entry and are designed to be operated through digital credentials such as PIN codes, access cards, biometric recognition, or even smartphone apps. With their sleek designs and advanced features, digital locks have become a preferred choice for individuals and businesses seeking to upgrade their security systems. The global digital lock industry is driven by various factors, including the increasing need for enhanced security, the rise of smart homes and connected devices, and the growing adoption of Internet of Things (IoT) technologies. Digital locks not only provide secure access control but also offer features like remote access management, activity logs, and integration with home automation systems. This enables users to conveniently monitor and control their locks from anywhere, enhancing convenience and peace of mind. As technological advancements continue to unfold, the global digital lock industry is poised for further growth and innovation, catering to the evolving demands of a digitally connected world. With the rapid advancement of wireless communication technologies and the rise of the Internet of Things (IoT) in the early 2000s, digital locks became more connected and intelligent. Integration with smartphones and other smart devices enabled remote control and monitoring capabilities. Users could now lock and unlock doors, receive real-time notifications, and manage access permissions from anywhere, revolutionising the concept of home security. In recent years, the global digital lock industry has witnessed significant growth and diversification. Manufacturers have introduced a wide range of digital lock solutions to cater to different needs and preferences. These include Bluetooth-enabled locks, Wi-Fi-connected locks, and locks integrated with voice assistants and home automation systems. Additionally, advancements in battery technology have improved the power efficiency and lifespan of digital locks, ensuring reliable and long-lasting operation.
According to the research report "Global Digital Door Lock Market Research Report, 2028," published by Actual Market Research, the market is anticipated to cross USD 26.83 Billion in size by 2028, increasing from USD 9.51 Billion in 2022. The market is projected to grow at an 18.83% CAGR by 2023–28. One of the primary drivers behind the global digital lock industry is the need for enhanced security. Traditional lock and key systems can be vulnerable to lock picking, unauthorized key duplication, or physical damage. Digital locks provide advanced security features such as encryption, biometric recognition, and tamper detection, making them more resistant to break-ins and unauthorized access. The robust security offered by digital locks gives individuals and businesses greater peace of mind, driving the demand for these advanced security solutions. Digital locks offer a high level of convenience and flexibility compared to traditional lock and key systems. With keyless entry and options such as PIN codes, access cards, or smartphone apps, users can easily and quickly access their premises without the need for physical keys. Additionally, digital locks allow for easy management of access permissions, granting or revoking access remotely. This convenience and flexibility make digital locks particularly appealing to homeowners, businesses, and property managers who desire efficient and hassle-free access control. Rapid advancements in technology have significantly contributed to the growth of the global digital lock industry. The development of microelectronics, wireless communication, and biometric recognition technologies has allowed for the creation of highly sophisticated and intelligent digital lock solutions. Integration with smartphones, voice assistants, and home automation systems has further expanded the functionality and convenience of digital locks. As technology continues to evolve, digital locks are expected to become even more advanced and seamlessly integrated into the smart home ecosystem.
Based on the end use segment, it includes residential, hotels and hospitals, commercial (including hospitality), industrial, government, and institutional, and others (automotive, vacation rentals). At the global level, the residential segment has the highest market share. In the future, it is also growing at the highest CAGR rate. Homeowners have become increasingly concerned about the security of their residences. Traditional lock and key systems are perceived as less secure and vulnerable to break-ins and unauthorized access. Digital locks provide advanced security features such as encryption, biometric authentication, and tamper detection, offering enhanced protection for homes. The rising awareness of the need for improved home security has led to the widespread adoption of digital locks in residential properties. Furthermore, digital locks offer convenient and keyless entry solutions for homeowners. They eliminate the need for physical keys and enable residents to unlock their doors using PIN codes, access cards, biometric recognition, or smartphone apps. Keyless entry is highly valued by homeowners as it provides ease of use, eliminates the risk of lost or misplaced keys, and simplifies entry for family members, guests, or service providers. The convenience factor has significantly contributed to the popularity of digital locks in residential settings. The adoption of smart home technologies is on the rise globally. Smart homes offer a connected and automated environment where various devices and systems work together to enhance convenience, comfort, and security. Digital locks play a crucial role in the smart home ecosystem, providing secure access control that integrates seamlessly with other smart devices. As more homeowners embrace smart home technologies, the demand for digital locks in residential settings continues to grow.
Based on the Access Types segment, which includes the Face, Fingerprint, Iris, Vein, Palm, Voice, Signature, Keypad Locks, Magnetic Strike, Electric Strike, and Others, At the global level, the fingerprint has the highest market share. Fingerprint recognition is widely recognised as one of the most secure forms of biometric authentication. Each person has a unique fingerprint pattern, making it highly reliable for identification purposes. Fingerprint-based digital locks provide a high level of security, as unauthorized individuals cannot easily replicate or fake someone's fingerprint. The inherent security and accuracy of fingerprint recognition have made it a preferred choice for homeowners and businesses alike. Furthermore, fingerprint-based digital locks offer unparalleled convenience and ease of use. Users can simply place their finger on the sensor for quick and seamless access. This eliminates the need for keys, cards, or memorizing codes, which can be easily forgotten or lost. Fingerprint recognition provides instant and hassle-free access, making it highly desirable for residential, commercial, and institutional settings. Fingerprint-based digital locks typically have user-friendly interfaces that allow for easy enrollment and management of authorised users. The process of enrolling fingerprints is straightforward and can be done within minutes. Users can easily add or remove fingerprints from the system as needed, granting or revoking access rights with simplicity and efficiency. The user-friendly nature of fingerprint-based digital locks contributes to their widespread adoption. There are now many fingerprint door locks that come with dedicated mobile apps that allow users to manage and control their locks conveniently from their smartphones. These apps enable users to enrol fingerprints, add or remove authorised users, configure access settings, and receive notifications of lock activities. Mobile app integration enhances the user experience and provides seamless control over the fingerprint door lock system.
Based on the lock types segment, there are deadbolts, padlocks, lever handles, and others. Deadbolt locks have the highest market share at the global level due to their robust security features. They offer superior resistance to forced entry attempts compared to other types of locks. Deadbolts have a solid metal bolt that extends into the door frame, making it difficult to kick in or force open. This enhanced security makes deadbolt locks highly desirable for residential, commercial, and institutional applications. Deadbolt locks have a simple and reliable locking mechanism. They typically operate by turning a key or thumbturn to extend or retract the bolt. The simplicity of the mechanism ensures ease of use and reduces the chances of mechanical failure or malfunction. Users can rely on the consistent and dependable performance of deadbolt locks to secure their properties. First and foremost, deadbolt locks are widely recognised for their exceptional security features. With a robust and solid metal bolt that extends deep into the door frame, deadbolt locks offer superior resistance to forced entry attempts. This heightened level of security provides individuals and businesses with peace of mind, knowing that their properties are well protected. Furthermore, the simplicity and reliability of deadbolt locks contribute to their growing popularity. The straightforward locking mechanism, typically operated by a key or thumb turn, ensures ease of use for individuals of all ages. The reliability of deadbolt locks ensures consistent performance, minimising the risk of mechanical failure and providing reliable security day in and day out.
Based on the Connecting Technology segment, this includes Wi-Fi, Bluetooth, RFID, keypads, Zigbee, and others (z-wave). Wi-Fi has the largest market share at the global level due to the fact that Wi-Fi-enabled digital door locks can integrate with broader smart home ecosystems, enabling users to manage their locks along with other smart devices. This integration allows for centralised control and automation, where users can create personalised routines and schedules, receive notifications, and integrate their locks with other smart home functions like lighting, security cameras, and voice assistants. The seamless integration offered by Wi-Fi-enabled locks enhances the overall smart home experience. With Wi-Fi connectivity, users have the ability to remotely grant or revoke access to their property. This feature is particularly useful for homeowners, property managers, and rental hosts who can provide temporary access codes or e-keys to guests or service providers even when they are not physically present at the premises. Remote access management offers enhanced security and convenience, making Wi-Fi-enabled locks an attractive choice for residential and commercial applications. Based on the report, there are five regions covered in this report, North America, Europe, Asia Pacific, South America, the Middle East, and Africa. Europe will have the highest market share at the global level in 2022 due to its strong emphasis on security and safety measures, both in residential and commercial sectors. The region has a long history of valuing and investing in robust security systems. Digital locks, with their advanced features and enhanced security mechanisms, align well with the European mindset and preferences for reliable and modern security solutions. Furthermore, Europe has been at the forefront of smart home technology adoption, with a significant number of households incorporating smart devices and automation systems. Digital locks, being an integral part of smart home ecosystems, have gained substantial traction in the European market. The increasing demand for interconnected and technologically advanced homes has propelled the growth of digital locks in the region. Europe has stringent building regulations and standards that prioritise safety, security, and energy efficiency. Digital locks comply with these regulations and often provide additional safety features such as fire safety certifications and emergency escape capabilities. The region's focus on building safety and adherence to standards has contributed to the prominence of digital locks in residential and commercial construction projects. Also, Europe has a technologically savvy population that embraces innovative solutions. Consumers in the region are receptive to new technologies and are willing to invest in smart home devices, including digital locks. The familiarity and acceptance of digital solutions have fueled the demand for digital locks in residential properties and commercial establishments.
Considered in this report
• Geography: Global
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Regions & Countries covered in the report:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Aspects covered in this report
• Global Digital Door Lock System market with its value and forecast along with its segments
• Region-wise E-Pharmacy market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
By End-use
• Residential
• Hotels & Hospitals
• Commercial (including Hospitality)
• Industrial
• Government and Institutions
• Others (automotive ,vacation rentals)
By Acess Type
• Face
• Fingerprint
• Iris
• Vein & Palm
• Voice
• Signature
• Keypad Locks
• Magnetic Strike
• Electric Strike
• Other
By Lock Type
• Deadbolt
• Padlock
• Lever Handle
• Others
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Digital Door Lock System industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
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