Smart Lock Market is projected to reach $5.53 billion by 2029
The Smart Lock Market is projected to reach $5.53 billion by 2029, at a CAGR of 14.7% during the forecast period of 2022–2029. Based on volume, the global smart locks market is projected to reach 49.9 million units by 2029, at a CAGR of 15.3% during the forecast period. The growth of this market is attributed to the increasing safety & security concerns, the growing awareness of consumers about the benefit and comfort offered by smart locks,
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