Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8815.1 Million | USD 23198.20826 Million | 7.14% | 2021 |
FrequentlyAsked Questions
Rising investments and economic growth in developing markets are expected to drive the global digital door lock system market growth over the forecast period. Initiatives from governments across these countries ensure smooth economic development that favors a peaceful investing environment. Therefore, these factors are expected to boost the global digital door lock system market growth over the forecast period.
According to the Market Research report, The Global Digital Door Lock System Market was worth around USD 8815.1 million in 2021 and is estimated to grow to about USD 23198.20826 million by 2028, with a compound annual growth rate (CAGR) of approximately 17.5 percent over the forecast period.
The North America digital door lock systems market is likely to enjoy the fastest growth during the forecast period based on the trends and strategies adopted by key market players in global regions. It is followed by the European region and the APAC region.
Some of the main competitors dominating the global Digital Door Lock System include - ADT, Inc., Onity Inc., Honeywell International, Inc., Salto Systems S.L., Panasonic Corporation, Spectrum Brands, Inc., Assa Abloy Group, Godrej & Boyce Manufacturing Co. Ltd., Vivint, Inc., and Allegion PLC.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed