1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of The Study
4.4 Market Segments
4.4.1 Market Segmentation by Lock Type
4.4.2 Market Segmentation by Communication Technology
4.4.3 Market Segmentation by Authentication Method
4.4.4 Market Segmentation by End-user

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview
7.2 Components of Smart Lock
7.3 Vendor Analysis
7.4 Industry FAQ
7.4.1 How will the US smart lock market perform in the coming years?
7.4.2 Which is the fastest-growing and most preferred communication technology segment in the market?
7.4.3 Which smart lock type segment has the highest revenue share and fastest growth in the market?
7.4.4 Which end-user segment generates the highest revenue for smart lock vendors operating in the US?
7.4.5 Which authentication method has the highest demand in the market?
7.5 Impact Of COVID-19

8 Market Opportunities & Trends
8.1 Increasing Number of Smart Homes
8.2 Growth in Commercial and Industrial Sector
8.3 Emergence of New Technologies (IoT& AI/ML)

9 Market Growth Enablers
9.1 Growing Adoption Of 5G And Smartphone Penetration
9.2 High Disposable Income
9.3 Increasing Demand For Safety And Convenience

10 Market Restraints
10.1 Perception of Unreliability
10.2 Vulnerable to Security Issues

11 Market Landscape
11.1 Market Overview
11.2 Demand Insights
11.3 Market Size & Forecast
11.4 Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Component
12.1 Market Overview
12.2 Hardware
12.2.1 Market Overview
12.3 Software
12.3.1 Market Overview
12.3.2 Visitor Management
12.3.3 Security Management
12.4 Services
12.4.1 Market Overview

13 Lock Type
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Deadbolt
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Market By Geography
13.4 Lever Handle
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.4.3 Market By Geography
13.5 Padlock
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.5.3 Market By Geography
13.6 Others
13.6.1 Market Overview
13.6.2 Market Size & Forecast
13.6.3 Market By Geography

14 Communication Technology
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.3 Bluetooth
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.3.3 Market By Geography
14.4 WI-FI
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.4.3 Market By Geography
14.5 Zigbee And Z-Wave
14.5.1 Zigbee : Market Overview
14.5.2 Z-Wave : Market Overview
14.5.3 Market Size & Forecast
14.5.4 Market By Geography
14.6 Other Communication Technology
14.6.1 NFC (Near Field Communication): Market Overview
14.6.2 Thread : Market Overview
14.6.3 Market Size & Forecast
14.6.4 Market By Geography

15 Authentication Method
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.3 Pin/Code
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.3.3 Market By Geography
15.4 Biometric
15.4.1 Market Overview
15.4.2 Market Size & Forecast
15.4.3 Market By Geography
15.5 RFID Card
15.5.1 Market Overview
15.5.2 Market Size & Forecast
15.5.3 Market By Geography

16 End-User
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
16.3 Residential
16.3.1 Market Overview
16.3.2 Market Size & Forecast
16.3.3 Market By Geography
16.4 Commercial
16.4.1 Market Overview
16.4.2 Healthcare
16.4.3 Hospitality
16.4.4 Other Commercial End-users
16.4.5 Market Size & Forecast
16.4.6 Market by Geography
16.5 Institution and Government
16.5.1 Market Overview
16.5.2 Institutions
16.5.3 Government
16.5.4 Market Size & Forecast
16.5.5 Market By Geography
16.6 Industrial
16.6.1 Market Overview
16.6.2 Market Size & Forecast
16.6.3 Market By Geography

17 Geography
17.1 Market Snapshot & Growth Engine
17.2 Geographic Overview

18 West
18.1 Market Overview
18.1.1 California
18.1.2 Utah
18.1.3 Washington
18.2 Market Size & Forecast
18.3 Lock Type
18.3.1 Market Size & Forecast
18.4 Communication Technology
18.4.1 Market Size & Forecast
18.5 Authentication Method
18.5.1 Market Size & Forecast
18.6 End-User
18.6.1 Market Size & Forecast

19 South
19.1 Market Overview
19.1.1 Texas
19.1.2 Florida
19.2 Market Size & Forecast
19.3 Lock Type
19.3.1 Market Size & Forecast
19.4 Communication Technology
19.4.1 Market Size & Forecast
19.5 Authentication Method
19.5.1 Market Size & Forecast
19.6 End-User
19.6.1 Market Size & Forecast

20 Northeast
20.1 Market Overview
20.1.1 New Jersey
20.1.2 New York
20.1.3 Market Size & Forecast
20.2 Lock Type
20.2.1 Market Size & Forecast
20.3 Communication Technology
20.3.1 Market Size & Forecast
20.4 Authentication Method
20.4.1 Market Size & Forecast
20.5 End-User
20.5.1 Market Size & Forecast

21 Midwest
21.1 Market Overview
21.1.1 Illinois
21.1.2 North Dakota
21.1.3 Indiana
21.2 Market Size & Forecast
21.3 Lock Type
21.3.1 Market Size & Forecast
21.4 Communication Technology
21.4.1 Market Size & Forecast
21.5 Authentication Method
21.5.1 Market Size & Forecast
21.6 End-User
21.6.1 Market Size & Forecast

22 Competitive Landscape
22.1 Competition Overview

23 Key Company Profiles
23.1 Honeywell
23.1.1 Business Overview
23.1.2 Product Offerings
23.1.3 Key Strategies
23.1.4 Key Strengths
23.1.5 Key Opportunities
23.2 Latch
23.2.1 Business Overview
23.2.2 Product Offerings
23.2.3 Key Strategies
23.2.4 Key Strengths
23.2.5 Key Opportunities
23.3 Master Lock
23.3.1 Business Overview
23.3.2 Product Offerings
23.3.3 Key Strategies
23.3.4 Key Strengths
23.3.5 Key Opportunities
23.4 Onity
23.4.1 Business Overview
23.4.2 Product Offerings
23.4.3 Key Strategies
23.4.4 Key Strengths
23.4.5 Key Opportunities

24 Other Prominent Vendors
24.1 Altro Smart
24.1.1 Business Overview
24.1.2 Product Offerings
24.2 Baldwin Hardware
24.2.1 Business Overview
24.2.2 Product Offerings
24.3 Gate Labs INC
24.3.1 Business Overview
24.3.2 Product Offerings
24.4 Hampton
24.4.1 Business Overview
24.4.2 Product Offerings
24.5 Level
24.5.1 Business Overview
24.5.2 Product Offerings
24.6 Lockly
24.6.1 Business Overview
24.6.2 Product Offerings
24.7 Simplisafe
24.7.1 Business Overview
24.7.2 Product Offerings
24.8 U-TEC
24.8.1 Business Overview
24.8.2 Product Offerings

25 Key Developments in Recent Years
25.1 Merger, Acquisitions & Partnerships
25.2 New Launches

26 Report Summary
26.1 Key Takeaways
26.2 Strategic Recommendations

27 Quantitative Summary
27.1 Market By Geography
27.2 West
27.2.1 Lock Type: Market Size and Forecast
27.2.2 Communication Technology: Market Size & Forecast
27.2.3 Authentication Methood: Market Size & Forecast
27.2.4 End-user: Market Size & Forecast
27.3 South
27.3.1 Lock Type: Market Size and Forecast
27.3.2 Communication Technology: Market Size & Forecast
27.3.3 Authentication Method: Market Size & Forecast
27.3.4 End-user: Market Size & Forecast
27.4 Northeast
27.4.1 Lock Type: Market Size and Forecast
27.4.2 Communication Technology: Market Size & Forecast
27.4.3 Authentication Method: Market Size & Forecast
27.4.4 End-User: Market Size & Forecast
27.5 Midwest
27.5.1 Lock Type: Market Size and Forecast
27.5.2 Communication Technology: Market Size & Forecast
27.5.3 Authentication Method: Market Size & Forecast
27.5.4 End-User: Market Size & Forecast
27.6 Lock Type
27.6.1 Market Size & Forecast
27.7 Communication Technology
27.7.1 Market Size & Forecast
27.8 Authentication Method
27.8.1 Market Size & Forecast
27.9 End-User
27.9.1 Market Size & Forecast

28 Appendix
28.1 Abbreviations

List of Exhibits

List Of Exhibits
Exhibit 1 Segmentation of US Smart Lock Market
Exhibit 2 Market Size Calculation Approach 2020
Exhibit 3 Components of Smart Lock
Exhibit 4 Functions of Smart Lock Systems
Exhibit 5 Increasing Number of Smart Homes
Exhibit 6 Average Percentage of Smart Homes out of the total New Home Construction
Exhibit 7 Growth in Commercial and Industrial Sector
Exhibit 8 Emergence of New Technologies (IoT& AI/ML)
Exhibit 9 Architecture of Internet of Things (IoT)
Exhibit 10 Growing Adoption of 5G And Smartphone Penetration
Exhibit 11 Smartphone Ownership Statistics 2018-2020 (%)
Exhibit 12 Key Internet Statistics in US (January 2021)
Exhibit 13 High Disposable Income
Exhibit 14 Process Flow of High Disposable Income Leading to High Smart Lock Demand
Exhibit 15 Increasing Demand for Safety and Convenience
Exhibit 16 Perception of Unreliability
Exhibit 17 Factors Contributing to Perception of Unreliability
Exhibit 18 Vulnerable to Security Issues
Exhibit 19 Potential Security Vulnerabilities of Smart Locks
Exhibit 20 Benefits of Smart Locks
Exhibit 21 Market Size of Smart Lock by Various Segments in 2020 ($ million)
Exhibit 22 US Smart Lock Market 2020-2026 ($ million)
Exhibit 23 Five Forces Analysis 2020
Exhibit 24 Hardware Components of Smart Lock
Exhibit 25 Classification of Software Segment
Exhibit 26 Incremental Growth by Lock Type 2020 & 2026
Exhibit 27 Market Segmentation by Lock Type
Exhibit 28 Technologies Used in Various Types of Smart Locks
Exhibit 29 Incremental Growth by Lock Type
Exhibit 30 New Residential Construction in US by March 2021 (million units)
Exhibit 31 US Smart Deadbolt Lock Market 2020-2026 ($ million)
Exhibit 32 US Smart Lever Handle Lock Market 2020-2026 ($ million)
Exhibit 33 US Smart Padlock Market 2020-2026 ($ million)
Exhibit 34 Difference between Mortise Lock and Cylinder Lock
Exhibit 35 US Other Smart Locks Market 2020-2026 ($ million)
Exhibit 36 Incremental Growth by Communication Technology 2020 & 2026
Exhibit 37 Market Segmentation by Communication Technology
Exhibit 38 Comparison of Market Size of Smart Lock by Communication Technology ($ million)
Exhibit 39 US Smart Lock Market by Bluetooth Communication Technology 2020-2026 ($ million)
Exhibit 40 Population using Internet in US (%)
Exhibit 41 US Smart Lock Market by Wi-Fi Communication Technology 2020-2026 ($ million)
Exhibit 42 Market Share of Zigbee and Z-Wave Communication Technology Smart Lock (Revenue%)
Exhibit 43 Factors Affecting Demand for Z-Wave Smart Locks in US
Exhibit 44 US Smart Lock Market by Zigbee and Z-Wave Communication Technology 2020-2026 ($ million)
Exhibit 45 US Smart Lock Market by Other Communication Technologies 2020-2026 ($ million)
Exhibit 46 Incremental Growth by Authentication Method 2020 & 2026
Exhibit 47 Classification of Smart Lock by Authentication Method
Exhibit 48 Market Share of Smart Lock by Authentication Method (Revenue %)
Exhibit 49 US Smart Lock Market by PIN/Code Authentication Method 2020-2026 ($ million)
Exhibit 50 US Smart Lock Market by Biometric Authentication Method 2020-2026 ($ million)
Exhibit 51 Working of RFID Card-based Smart Lock
Exhibit 52 US Smart Lock Market by RFID Authentication Method 2020-2026 ($ million)
Exhibit 53 Incremental Growth by End-user 2020 & 2026
Exhibit 54 Classification of Smart Lock Market by End-user
Exhibit 55 Key End-user Insights 2019-2020
Exhibit 56 Average Growth in Single-Family Housing Units Sold in US 2014-2019 (Thousand Units)
Exhibit 57 Average Growth in Number of Multi-Family Housing Units Built for Rent in US 2014-2019 (thousand units)
Exhibit 58 US Smart Lock Market by Residential Segment 2020-2026 ($ million)
Exhibit 59 Market Share and CAGR of Commercial Segment in US Smart Lock Market (Revenue %)
Exhibit 60 Factors Driving the Demand for Smart Lock in the Healthcare Industry
Exhibit 61 Smart Lock Market in US by Commercial Segment 2020-2026 ($ million)
Exhibit 62 Classification of Smart Lock in Institution and Government Sector
Exhibit 63 US Smart Lock Market by Institution and Government Segment 2020-2026 ($ million)
Exhibit 64 Areas in Logistics Sector which Require Smart Lock
Exhibit 65 Smart Lock Market in US by Industrial Segment 2020-2026 ($ million)
Exhibit 66 Incremental Growth by Geography 2020 & 2026
Exhibit 67 Crime Statistics in US (2019)
Exhibit 68 Smart Product Statistics in US
Exhibit 69 Coworking Statistics in US
Exhibit 70 Average Number of Smart Homes in North America (million)
Exhibit 71 Key Smart Home Statistics in North America (2020)
Exhibit 72 Hotels in Pipeline in North America
Exhibit 73 Growth Momentum and Market Share by Region
Exhibit 74 Factors Influencing Smart Locks Demand in Western US
Exhibit 75 Number of Co-working Spaces in Major Cities of Western US
Exhibit 76 Smart Lock Market in Western US 2020-2026 ($ million)
Exhibit 77 Market Size and CAGR of Southern US ($ million)
Exhibit 78 Smart Lock Market in Southern US 2020-2026 ($ million)
Exhibit 79 Smart Lock Market in Northeastern US 2020-2026 ($ million)
Exhibit 80 Smart Lock Market in Midwestern US 2020-2026 ($ million)

Companies Mentioned

Prominent Vendors
• Honeywell
• Latch
• Master Lock
• Onity

Other Prominent Vendors
• Altro Smart
• Baldwin Hardware
• Gate Labs
• Hampton
• Level
• Lockly
• SimpliSafe
• U-tec