Global Smart Lock Market Growth at 75.26% (2016-2020) - Key Vendors are August, Goji, Haven, UniKey & Yale

DUBLIN, Feb. 8, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/7hbh78/global_smart_lock) has announced the addition of the "Global Smart Lock Market 2016-2020" report to their offering.

The global smart lock market is expected to grow at a CAGR of 75.26% during the period 2016-2020.

Smartphones are becoming an integral part of today's urban and semi-urban lifestyles in emerging economies. As the usage of smartphones grows and more users acquire these electronic devices for everyday use, the market for mobile applications will also grow in tandem.

According to the report, smart locks are an integral part of smart homes. These provide ease of use and can detect unauthorized presence via Bluetooth. As additional functionalities are added to smart locks with technology continuing to develop and grow, we believe that their use would only increase in the future.

Further, the report states that the security with respect to the internet is one of the major hindrance in the growth of the market.

Key questions answered in this report:

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Key vendors:

• August
• Goji
• Haven
• UniKey
• Yale

Other prominent vendors:

• Aventsecurity
• Cansec System
• Kwikset
• Mul-T-Lock
• Okidokeys
• Schlage
• SDS
• SentriLock
• Smart Locking Logic
• Weiser Lock

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product type

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/7hbh78/global_smart_lock

Media Contact:

Laura Wood , [phone], [e-mail]