Digital Door Locks Market Summary
The Global Digital Door Locks Market is projected to grow from 3.4 USD Billion in 2024 to 9.36 USD Billion by 2035.
Key Market Trends & Highlights
Digital Door Locks Key Trends and Highlights
- The market is expected to experience a compound annual growth rate (CAGR) of 9.64% from 2025 to 2035.
- By 2035, the market valuation is anticipated to reach 9.36 USD Billion, indicating robust growth.
- In 2024, the market is valued at 3.4 USD Billion, reflecting the increasing demand for advanced security solutions.
- Growing adoption of smart home technology due to heightened security concerns is a major market driver.
Market Size & Forecast
2024 Market Size | 3.4 (USD Billion) |
2035 Market Size | 9.36 (USD Billion) |
CAGR (2025-2035) | 9.64% |
Major Players
Samsung, Schlage, Honeywell Home Security, ADT Solar, Allegion, Comcast Xfinity Home Security, Resideo, SimpliSafe, dormakaba Group, Kwikset, Vivint, Assa Abloy, Yale Real Living, Salto System