Smart Locks Market Size, Share and Forecast 2023–2030 Smart locks market is experiencing significant growth, driven by rising consumer awareness about smart home technology, increasing disposable income, and growing concerns about security.
The market was valued at US$ 5347.6 million in 2022 and is forecast to reach a readjusted size of US$ 6231 million by 2029, growing at a CAGR of 2.1% during the forecast period (2023–2029).
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