Global Smart Locks Market to Reach USD 7.4 Billion by 2032, Growing...

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2025-10-07 10:12:44 -

Global Smart Locks Market to Reach USD 7.4 Billion by 2032, Growing at a CAGR of 12.5% | Market Intelo

Overview The global Smart Locks market is witnessing rapid growth, fueled by the increasing adoption of smart home technologies, rising security concerns, and growing awareness of IoT-enabled security solutions. According to Market Intelo, the market was valued at USD 2.9 billion in 2023 and is projected to reach USD 7.4 billion by 2032, growing at a CAGR of 12.5% during the forecast period...

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