SecurityWorldMarket

22/04/2026

Smart door locks market to almost quadruple by 2032

Pune, India

The global smart door lock market size stood at USD 2.91 billion in 2024, and rose to USD 3.50 billion in 2025.  In its latest report, market research company, Fortune Business Insights, predicts the sector to grow to USD 13.44 billion by 2032 at a CAGR of 21.2% from 2025 to 2032.

Smart door locks, a part of smart home ecosystems, help users in locking and unlocking door automatically or remotely through various wireless technologies. Ranging from wide range of features such as keyless entry, remote lock and unlock, activity tracking, and integration with smart home technology, these locks provides users with a greater control over their security. The research found that this market has been gaining momentum in recent years in particular as they offer security, convenience, and flexibility and are a step ahead from traditional mechanical locks.

Gen-AI changes the smart home landscape

Gen-AI being a ground breaking technology is set to change the dynamics of security in the smart home systems. It is expect that the potential of this technology will advance the usage and versatility of door lock systems, by quickly and efficiently informing the premise owners about security access concerns. Chinese smart home access solution provider, Welock, for example, has developed “AI.One”, an AI-powered smart lock that automatically locks and unlocks doors by validating authorised and unauthorised access.

In February 2025, Resideo Technologies, a further example noted by the researchers, launched its new smart solutions and app integrations at the International Builders’ Show. Resideo’s garage door and three new lock integrations will be available on the First Alert app, and it will help users with Honeywell Home smart thermostats and outdoor/indoor/video doorbell cameras to control and monitor the home. These types of newly launched smart solutions are expected to strengthen the market positioning of the company.

Smart cities and industrial projects propel the market

As the surge in investment in smart cities and industrial projects goes up a notch, smart locks integrated with biometrics, RFID, and Bluetooth are gaining demand. These technologies are known to offer enhanced security and convenience compared to traditional lock-and-key systems. Featuring remote access and real-time monitoring, these locks allow owners and authorities to manage access and respond to security threats timely and appropriately. Taking this one step further, biometric authentication methods including fingerprint recognition and facial recognition are also leading the advance in authentication mechanisms.

Cyber security concerns

However, there are some barriers to growth, as the research concludes that the smart door lock market growth is expected to be hampered by growing concerns on cyber security and data privacy. As these locking systems are heavily reliant on cloud-based services, they can potentially become vulnerable to cyber attacks.

Prominent market players

The competitive dynamics of the market for smart door locks is characterised by the key market players developing advanced solutions which can cater to different customer demands. They are also diversifying and enhancing their product portfolio to cater to deliver flexible solutions. In terms of market strategies, Fortune Business Insights reveals these businesses are actively pursuing partnerships, acquisitions, new product launches, and collaborations.

Some of the companies profiled in the report, include, Assa Abloy, Dormakaba, Godrej & Boyce, Xiaomi, Honeywell, Legrand, Allegion, Salto, Onity, and Shenzhen Kaadas Intelligent Techology. 

The new Fortune Business Insights report is entitled, “Smart Door Lock Market Size, Share & Industry Analysis, By Lock Body (Deadbolt, Lever Handles, Padlock, Mortise Lock, Sliding Door Lock, Retrofit Lock, and Others), By Access Mechanism (Keypad, Biometric, Smart Card, Mobile App Control, Voice Recognition, and Remote Access), By Connecting Technology (Wi-Fi, Bluetooth, Zigbee, Z-Wave, and Others), By Application (Residential, Commercial, and Critical Infrastructure), and Regional Forecast, 2025 – 2032.”


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