Global WiFi Smart Lock Market Growth 2025-2031
The global WiFi Smart Lock market size is predicted to grow from US$ 1760 million in 2025 to US$ 7339 million in 2031; it is expected to grow at a CAGR of 26.9% from 2025 to 2031.
Smart door locks are widely available, and allow users to open & close a door without keys. Smart door locks can provide people with a high level of safety that is not provided by typical locks and alarms. Smart door locks offer sophisticated “access control” features to any home or business. Proximity sensors like Bluetooth and NFC can enable a door to unlock whenever an authorized user’s smartphone approaches. Users can also remotely lock and unlock the door, or share access with any number of others, using mobile apps. Physical keypads provide a backup with many locks, but are no longer the main way to let yourself in.
The main WiFi Smart Lock players include ASSA ABLOY, SALTO, Nello, Kwikset, Allegion, etc. The top five WiFi Smart Lock players account for approximately 60% of the total global market. Europe is the largest consumer market for WiFi Smart Lock accounting for about 27%, followed by North America and Asia-Pacific. In terms of Type, Door Levers Locks is the largest segment with a share of 56%. And in terms of Applications, the largest segment is Personal Residential, followed by Home Security System.
LP Information, Inc. (LPI) ' newest research report, the “WiFi Smart Lock Industry Forecast” looks at past sales and reviews total world WiFi Smart Lock sales in 2024, providing a comprehensive analysis by region and market sector of projected WiFi Smart Lock sales for 2025 through 2031. With WiFi Smart Lock sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world WiFi Smart Lock industry.
This Insight Report provides a comprehensive analysis of the global WiFi Smart Lock landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on WiFi Smart Lock portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global WiFi Smart Lock market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for WiFi Smart Lock and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global WiFi Smart Lock.
This report presents a comprehensive overview, market shares, and growth opportunities of WiFi Smart Lock market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Door Levers Locks
Deadbolts
Padlocks
Others
Segmentation by Application:
Personal Residential
Home Security System
Institution & Government
Commercial Applications
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ASSA ABLOY
Kwikset
Allegion
Dormakaba
August
SALTO
Nello
Dessmann
Key Questions Addressed in this Report
What is the 10-year outlook for the global WiFi Smart Lock market?
What factors are driving WiFi Smart Lock market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do WiFi Smart Lock market opportunities vary by end market size?
How does WiFi Smart Lock break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.