Bluetooth-based Smart Lock Market
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Bluetooth-based Smart Lock Market Size and Growth
The Bluetooth-based Smart Lock market is experiencing significant growth, driven by increasing security needs and IoT integration. The market size is projected to reach USD 1.2 billion by 2025, with a CAGR of over 20%. Adoption across residential and commercial sectors is enhancing user convenience and security features.
Companies Covered
(Covid 19 Impact Covered)
◍ Schlage
◍ Danalock
◍ UniKey
◍ Yale
◍ Smartlock Digital
◍ Lockitron
◍ Samsung
◍ Irevo
◍ Probuck
◍ Mul-T-Lock
◍ Aventsecurity
◍ Cansec System
◍ Haven
The Bluetooth-based Smart Lock market features companies like Schlage, Danalock, UniKey, and Yale, innovating with secure access solutions. These firms enhance market growth through advanced connectivity, user convenience, and increased security. Notable sales figures include:
- Schlage: $200 million revenue
- Yale: $120 million revenue
- Samsung: $210 billion revenue (across all divisions).
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Market Segmentation
By Application
◍ Commercial use
◍ Household
◍ Government institute
◍ Others
By Product
◍ Non-LCD screen
LCD screen
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Market Growth
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$ X Billion USD
