How big is the U.S. smart lock market?

The U.S. smart lock market size was estimated at USD 887.6 million in 2024 and is expected to reach USD 1,029.5 million in 2025.

What is the U.S. smart lock market growth?

The U.S. smart lock market is expected to grow at a compound annual growth rate of 16.1% from 2025 to 2030 to reach USD 2,168.4 billion by 2030.

Which segment accounted for the largest U.S. smart lock market share?

The deadbolt segment accounted for the largest market share of over 42% in 2024, owing to their enhanced security features and easy integration into existing door systems

Who are the key players in U.S. smart lock market?

Some key players operating in the U.S. smart lock market include August Home (ASSA ABLOY), Kwikset (ASSA ABLOY/Spectrum Brands), Yale Locks (ASSA ABLOY), Schlage (Allegion Plc), Honeywell International Inc., Onity, Inc. (Honeywell International Inc.), RemoteLock, MUL-T-LOCK TECHNOLOGIES LTD. (ASSA ABLOY), Danalock, and Salto Systems, S.L.

What are the factors driving the U.S. smart lock market?

The key factors driving the U.S. smart lock market include the rising demand for connected home security solutions, increasing adoption of Internet of Things (IoT) devices, and the expansion of smart home ecosystems supported by major tech players.