How is the Global Smart Door Lock Market?

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How is the Global Smart Door Lock Market?

Before analyzing and correcting the correct posture of the market, let us first analyze how the smart door lock is fired. In my view, it is mainly the user’s habit and the wave of smart home.

First, let’s look at user habits. In recent years, with the continuous development of mobile Internet and cloud storage technologies, the smart home has gradually landed, and some technologies such as Internet technology and cloud processing have been gradually applied to smart door lock, especially the rapid development of the Internet economy. Internet locks, such as the rapid development of public rental housing and homestays, are mainly based on the hardware-based management and control of software on the Internet. For example, cloud storage, Internet of Things and other developments are particularly rapid, and the concept of Internet anti-theft locks has been derived. In addition to some types of protocols, there are also some Internet-based technologies such as APP development, WeChat small applications, etc. The ranks of technical applications.
There is a clear intersection between smart door lock and enterprises, which provides a good soil for the improvement of new technologies.

Secondly, the wave of smart homes stimulates the arrival of the era of smart door lock.
At the beginning of last year, a very new report released by Kearney showed that by 2020, the overall scale of global smart home will grow from the current 10 billion US dollars to 50 billion US dollars, and is expected to surge to 400 billion US dollars in 2030. By 2030, sales in the Asian market will exceed $115 billion, accounting for more than 25% of the global market.

In fact, as early as a decade ago, the concept of smart home has been proposed, but due to the expensive cost, its market acceptance has not been high, and the promotion in the low-end civilian market is also very weak. In recent years, the upgrading of hardware and the concept of the Internet of Things have made “smart home” once again known. The smart home concept is popular, all kinds of smart home terminals are numerous, smart TVs, smart routers, smart refrigerators, washing machines, etc. are flooding the market, which stimulates the blowout of the smart door lock industry to some extent.

Finally, the rise of AI adds fuel to the explosion of smart locks.
The general trend of the intelligent wave has made the intelligent hardware collectively fire, but soon the smart hardware wave will be silenced, and the smart home has always been in a very hot concept, but it is difficult to reach. Fortunately, thanks to AI, the smart hardware industry, which has been undervalued by the market for three years, seems to be getting out of the tepid state.

HUNE has become the top 3 digital lock manufacturer in China. As a smart digital door lock factory, HUNE can offer hotel card lock, keypad lock, fingerprint lock, code door lock, biometric door lock, etc., to meet your various requirements such as hotel project, office project, residential project or even smart home project.

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