The Latin America, Middle East and Africa Smart Locks Market would witness market growth of 17.2% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 1,764.2 thousand units, showcasing a growth of 18.7% (2023-2030).
Schools and universities are deploying these locks to bolster campus security and streamline access control. With programmable access permissions, educational institutions can efficiently manage entry to classrooms, offices, and dormitories. The ability to issue temporary digital keys for specific timeframes enhances the overall safety of students and faculty. The transportation industry is exploring the use of these locks in fleet management. With the integration of GPS technology and remote monitoring capabilities, these locks enhance the security of vehicles and cargo. Digital access controls also facilitate efficient vehicle access management, ensuring only authorized personnel can interact with the transportation assets.
These locks are vital in enabling aging individuals to live independently and securely. With features such as remote monitoring and the ability to grant access to caregivers, family members, or emergency services, these locks contribute to aging-in-place solutions that prioritize safety and autonomy. The locks are gaining popularity in multi-family residential complexes for managing access to common areas, gyms, and shared facilities. The ability to issue digital keys to residents and service providers simplifies access control for property management, enhancing overall security and convenience.
Urbanization is rising in South Africa, leading to higher city population density. The demand for secure access control systems, such as smart locks, increases in urban areas where residents seek technologically advanced solutions for their homes and businesses in South Africa. Furthermore, with an increase in urban crime rates, residents in Saudi Arabia are more inclined to invest in technologies that enhance home security. Due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Smart Locks Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $118.2 Million by 2030. The Argentina market is showcasing a CAGR of 17.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 16.9% during (2023 - 2030).
Based on Technology, the market is segmented into Wi-Fi and Bluetooth. Based on Product, the market is segmented into Deadbolts, Lever Handles, Padlocks and Others. Based on End User, the market is segmented into Commercial and Residential. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Smart Locks Market is Projected to reach USD 6.4 Billion by 2030, at a CAGR of 15.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Zhejiang Dahua Technology Co., Ltd., Samsung Electronics Co., Ltd. (Samsung Group), Assa Abloy AB, Unikey Technologies Inc., Vivint Smart Home, Inc. (NRG Energy, Inc.), Allegion Plc, HavenLock Inc. and Salto Systems, S.L.
Scope of the Study
Market Segments Covered in the Report:
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
By Product (Volume, Thousand Units, USD Billion, 2019-2030)
- Deadbolts
- Lever Handles
- Padlocks
- Others
By End User (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- Zhejiang Dahua Technology Co., Ltd.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Assa Abloy AB
- Unikey Technologies Inc.
- Vivint Smart Home, Inc. (NRG Energy, Inc.)
- Allegion Plc
- HavenLock Inc.
- Salto Systems, S.L.
TABLE 1 LAMEA Smart Locks Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Smart Locks Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Smart Locks Market, 2019 - 2022, Thousand Units
TABLE 4 LAMEA Smart Locks Market, 2023 - 2030, Thousand Units
TABLE 5 Partnerships, Collaborations and Agreements– Smart Locks Market
TABLE 6 Product Launches And Product Expansions– Smart Locks Market
TABLE 7 Acquisition and Mergers– Smart Locks Market
TABLE 8 LAMEA Smart Locks Market by Technology, 2019 - 2022, USD Million
TABLE 9 LAMEA Smart Locks Market by Technology, 2023 - 2030, USD Million
TABLE 10 LAMEA Smart Locks Market by Technology, 2019 - 2022, Thousand Units
TABLE 11 LAMEA Smart Locks Market by Technology, 2023 - 2030, Thousand Units
TABLE 12 LAMEA Wi-Fi Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Wi-Fi Market by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Wi-Fi Market by Country, 2019 - 2022, Thousand Units
TABLE 15 LAMEA Wi-Fi Market by Country, 2023 - 2030, Thousand Units
TABLE 16 LAMEA Bluetooth Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Bluetooth Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Bluetooth Market by Country, 2019 - 2022, Thousand Units
TABLE 19 LAMEA Bluetooth Market by Country, 2023 - 2030, Thousand Units
TABLE 20 LAMEA Smart Locks Market by Product, 2019 - 2022, USD Million
TABLE 21 LAMEA Smart Locks Market by Product, 2023 - 2030, USD Million
TABLE 22 LAMEA Smart Locks Market by Product, 2019 - 2022, Thousand Units
TABLE 23 LAMEA Smart Locks Market by Product, 2023 - 2030, Thousand Units
TABLE 24 LAMEA Deadbolts Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Deadbolts Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Deadbolts Market by Country, 2019 - 2022, Thousand Units
TABLE 27 LAMEA Deadbolts Market by Country, 2023 - 2030, Thousand Units
TABLE 28 LAMEA Lever Handles Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Lever Handles Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Lever Handles Market by Country, 2019 - 2022, Thousand Units
TABLE 31 LAMEA Lever Handles Market by Country, 2023 - 2030, Thousand Units
TABLE 32 LAMEA Padlocks Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Padlocks Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Padlocks Market by Country, 2019 - 2022, Thousand Units
TABLE 35 LAMEA Padlocks Market by Country, 2023 - 2030, Thousand Units
TABLE 36 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 38 LAMEA Others Market by Country, 2019 - 2022, Thousand Units
TABLE 39 LAMEA Others Market by Country, 2023 - 2030, Thousand Units
TABLE 40 LAMEA Smart Locks Market by End User, 2019 - 2022, USD Million
TABLE 41 LAMEA Smart Locks Market by End User, 2023 - 2030, USD Million
TABLE 42 LAMEA Smart Locks Market by End User, 2019 - 2022, Thousand Units
TABLE 43 LAMEA Smart Locks Market by End User, 2023 - 2030, Thousand Units
TABLE 44 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 45 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
TABLE 46 LAMEA Commercial Market by Country, 2019 - 2022, Thousand Units
TABLE 47 LAMEA Commercial Market by Country, 2023 - 2030, Thousand Units
TABLE 48 LAMEA Residential Market by Country, 2019 - 2022, USD Million
TABLE 49 LAMEA Residential Market by Country, 2023 - 2030, USD Million
TABLE 50 LAMEA Residential Market by Country, 2019 - 2022, Thousand Units
TABLE 51 LAMEA Residential Market by Country, 2023 - 2030, Thousand Units
TABLE 52 LAMEA Smart Locks Market by Country, 2019 - 2022, USD Million
TABLE 53 LAMEA Smart Locks Market by Country, 2023 - 2030, USD Million
TABLE 54 LAMEA Smart Locks Market by Country, 2019 - 2022, Thousand Units
TABLE 55 LAMEA Smart Locks Market by Country, 2023 - 2030, Thousand Units
TABLE 56 Brazil Smart Locks Market, 2019 - 2022, USD Million
TABLE 57 Brazil Smart Locks Market, 2023 - 2030, USD Million
TABLE 58 Brazil Smart Locks Market, 2019 - 2022, Thousand Units
TABLE 59 Brazil Smart Locks Market, 2023 - 2030, Thousand Units
TABLE 60 Brazil Smart Locks Market by Technology, 2019 - 2022, USD Million
TABLE 61 Brazil Smart Locks Market by Technology, 2023 - 2030, USD Million
TABLE 62 Brazil Smart Locks Market by Technology, 2019 - 2022, Thousand Units
TABLE 63 Brazil Smart Locks Market by Technology, 2023 - 2030, Thousand Units
TABLE 64 Brazil Smart Locks Market by Product, 2019 - 2022, USD Million
TABLE 65 Brazil Smart Locks Market by Product, 2023 - 2030, USD Million
TABLE 66 Brazil Smart Locks Market by Product, 2019 - 2022, Thousand Units
TABLE 67 Brazil Smart Locks Market by Product, 2023 - 2030, Thousand Units
TABLE 68 Brazil Smart Locks Market by End User, 2019 - 2022, USD Million
TABLE 69 Brazil Smart Locks Market by End User, 2023 - 2030, USD Million
TABLE 70 Brazil Smart Locks Market by End User, 2019 - 2022, Thousand Units
TABLE 71 Brazil Smart Locks Market by End User, 2023 - 2030, Thousand Units
TABLE 72 Argentina Smart Locks Market, 2019 - 2022, USD Million
TABLE 73 Argentina Smart Locks Market, 2023 - 2030, USD Million
TABLE 74 Argentina Smart Locks Market, 2019 - 2022, Thousand Units
TABLE 75 Argentina Smart Locks Market, 2023 - 2030, Thousand Units
TABLE 76 Argentina Smart Locks Market by Technology, 2019 - 2022, USD Million
TABLE 77 Argentina Smart Locks Market by Technology, 2023 - 2030, USD Million
TABLE 78 Argentina Smart Locks Market by Technology, 2019 - 2022, Thousand Units
TABLE 79 Argentina Smart Locks Market by Technology, 2023 - 2030, Thousand Units
TABLE 80 Argentina Smart Locks Market by Product, 2019 - 2022, USD Million
TABLE 81 Argentina Smart Locks Market by Product, 2023 - 2030, USD Million
TABLE 82 Argentina Smart Locks Market by Product, 2019 - 2022, Thousand Units
TABLE 83 Argentina Smart Locks Market by Product, 2023 - 2030, Thousand Units
TABLE 84 Argentina Smart Locks Market by End User, 2019 - 2022, USD Million
TABLE 85 Argentina Smart Locks Market by End User, 2023 - 2030, USD Million
TABLE 86 Argentina Smart Locks Market by End User, 2019 - 2022, Thousand Units
TABLE 87 Argentina Smart Locks Market by End User, 2023 - 2030, Thousand Units
TABLE 88 UAE Smart Locks Market, 2019 - 2022, USD Million
TABLE 89 UAE Smart Locks Market, 2023 - 2030, USD Million
TABLE 90 UAE Smart Locks Market, 2019 - 2022, Thousand Units
TABLE 91 UAE Smart Locks Market, 2023 - 2030, Thousand Units
TABLE 92 UAE Smart Locks Market by Technology, 2019 - 2022, USD Million
TABLE 93 UAE Smart Locks Market by Technology, 2023 - 2030, USD Million
TABLE 94 UAE Smart Locks Market by Technology, 2019 - 2022, Thousand Units
TABLE 95 UAE Smart Locks Market by Technology, 2023 - 2030, Thousand Units
TABLE 96 UAE Smart Locks Market by Product, 2019 - 2022, USD Million
TABLE 97 UAE Smart Locks Market by Product, 2023 - 2030, USD Million
TABLE 98 UAE Smart Locks Market by Product, 2019 - 2022, Thousand Units
TABLE 99 UAE Smart Locks Market by Product, 2023 - 2030, Thousand Units
TABLE 100 UAE Smart Locks Market by End User, 2019 - 2022, USD Million
TABLE 101 UAE Smart Locks Market by End User, 2023 - 2030, USD Million
TABLE 102 UAE Smart Locks Market by End User, 2019 - 2022, Thousand Units
TABLE 103 UAE Smart Locks Market by End User, 2023 - 2030, Thousand Units
TABLE 104 Saudi Arabia Smart Locks Market, 2019 - 2022, USD Million
TABLE 105 Saudi Arabia Smart Locks Market, 2023 - 2030, USD Million
TABLE 106 Saudi Arabia Smart Locks Market, 2019 - 2022, Thousand Units
TABLE 107 Saudi Arabia Smart Locks Market, 2023 - 2030, Thousand Units
TABLE 108 Saudi Arabia Smart Locks Market by Technology, 2019 - 2022, USD Million
TABLE 109 Saudi Arabia Smart Locks Market by Technology, 2023 - 2030, USD Million
TABLE 110 Saudi Arabia Smart Locks Market by Technology, 2019 - 2022, Thousand Units
TABLE 111 Saudi Arabia Smart Locks Market by Technology, 2023 - 2030, Thousand Units
TABLE 112 Saudi Arabia Smart Locks Market by Product, 2019 - 2022, USD Million
TABLE 113 Saudi Arabia Smart Locks Market by Product, 2023 - 2030, USD Million
TABLE 114 Saudi Arabia Smart Locks Market by Product, 2019 - 2022, Thousand Units
TABLE 115 Saudi Arabia Smart Locks Market by Product, 2023 - 2030, Thousand Units
TABLE 116 Saudi Arabia Smart Locks Market by End User, 2019 - 2022, USD Million
TABLE 117 Saudi Arabia Smart Locks Market by End User, 2023 - 2030, USD Million
TABLE 118 Saudi Arabia Smart Locks Market by End User, 2019 - 2022, Thousand Units
TABLE 119 Saudi Arabia Smart Locks Market by End User, 2023 - 2030, Thousand Units
TABLE 120 South Africa Smart Locks Market, 2019 - 2022, USD Million
TABLE 121 South Africa Smart Locks Market, 2023 - 2030, USD Million
TABLE 122 South Africa Smart Locks Market, 2019 - 2022, Thousand Units
TABLE 123 South Africa Smart Locks Market, 2023 - 2030, Thousand Units
TABLE 124 South Africa Smart Locks Market by Technology, 2019 - 2022, USD Million
TABLE 125 South Africa Smart Locks Market by Technology, 2023 - 2030, USD Million
TABLE 126 South Africa Smart Locks Market by Technology, 2019 - 2022, Thousand Units
TABLE 127 South Africa Smart Locks Market by Technology, 2023 - 2030, Thousand Units
TABLE 128 South Africa Smart Locks Market by Product, 2019 - 2022, USD Million
TABLE 129 South Africa Smart Locks Market by Product, 2023 - 2030, USD Million
TABLE 130 South Africa Smart Locks Market by Product, 2019 - 2022, Thousand Units
TABLE 131 South Africa Smart Locks Market by Product, 2023 - 2030, Thousand Units
TABLE 132 South Africa Smart Locks Market by End User, 2019 - 2022, USD Million
TABLE 133 South Africa Smart Locks Market by End User, 2023 - 2030, USD Million
TABLE 134 South Africa Smart Locks Market by End User, 2019 - 2022, Thousand Units
TABLE 135 South Africa Smart Locks Market by End User, 2023 - 2030, Thousand Units
TABLE 136 Nigeria Smart Locks Market, 2019 - 2022, USD Million
TABLE 137 Nigeria Smart Locks Market, 2023 - 2030, USD Million
TABLE 138 Nigeria Smart Locks Market, 2019 - 2022, Thousand Units
TABLE 139 Nigeria Smart Locks Market, 2023 - 2030, Thousand Units
TABLE 140 Nigeria Smart Locks Market by Technology, 2019 - 2022, USD Million
TABLE 141 Nigeria Smart Locks Market by Technology, 2023 - 2030, USD Million
TABLE 142 Nigeria Smart Locks Market by Technology, 2019 - 2022, Thousand Units
TABLE 143 Nigeria Smart Locks Market by Technology, 2023 - 2030, Thousand Units
TABLE 144 Nigeria Smart Locks Market by Product, 2019 - 2022, USD Million
TABLE 145 Nigeria Smart Locks Market by Product, 2023 - 2030, USD Million
TABLE 146 Nigeria Smart Locks Market by Product, 2019 - 2022, Thousand Units
TABLE 147 Nigeria Smart Locks Market by Product, 2023 - 2030, Thousand Units
TABLE 148 Nigeria Smart Locks Market by End User, 2019 - 2022, USD Million
TABLE 149 Nigeria Smart Locks Market by End User, 2023 - 2030, USD Million
TABLE 150 Nigeria Smart Locks Market by End User, 2019 - 2022, Thousand Units
TABLE 151 Nigeria Smart Locks Market by End User, 2023 - 2030, Thousand Units
TABLE 152 Rest of LAMEA Smart Locks Market, 2019 - 2022, USD Million
TABLE 153 Rest of LAMEA Smart Locks Market, 2023 - 2030, USD Million
TABLE 154 Rest of LAMEA Smart Locks Market, 2019 - 2022, Thousand Units
TABLE 155 Rest of LAMEA Smart Locks Market, 2023 - 2030, Thousand Units
TABLE 156 Rest of LAMEA Smart Locks Market by Technology, 2019 - 2022, USD Million
TABLE 157 Rest of LAMEA Smart Locks Market by Technology, 2023 - 2030, USD Million
TABLE 158 Rest of LAMEA Smart Locks Market by Technology, 2019 - 2022, Thousand Units
TABLE 159 Rest of LAMEA Smart Locks Market by Technology, 2023 - 2030, Thousand Units
TABLE 160 Rest of LAMEA Smart Locks Market by Product, 2019 - 2022, USD Million
TABLE 161 Rest of LAMEA Smart Locks Market by Product, 2023 - 2030, USD Million
TABLE 162 Rest of LAMEA Smart Locks Market by Product, 2019 - 2022, Thousand Units
TABLE 163 Rest of LAMEA Smart Locks Market by Product, 2023 - 2030, Thousand Units
TABLE 164 Rest of LAMEA Smart Locks Market by End User, 2019 - 2022, USD Million
TABLE 165 Rest of LAMEA Smart Locks Market by End User, 2023 - 2030, USD Million
TABLE 166 Rest of LAMEA Smart Locks Market by End User, 2019 - 2022, Thousand Units
TABLE 167 Rest of LAMEA Smart Locks Market by End User, 2023 - 2030, Thousand Units
TABLE 168 Key Information – Unikey Technologies Inc.
TABLE 169 Key Information – HavenLock Inc.
TABLE 170 Key Information – Salto Systems, S.L.
TABLE 171 Key information –Vivint Smart Home, Inc.
TABLE 172 Key Information – Honeywell International, Inc.
TABLE 173 Key Information – Zhejiang Dahua Technology Co., Ltd.
TABLE 174 Key Information – Samsung Electronics Co., Ltd.
TABLE 175 Key Information – Assa Abloy AB
TABLE 176 Key Information – Allegion PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Smart Locks Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Smart Locks Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jul – 2023, Nov) Leading Players
FIG 7 Porter’s Five Forces Analysis – Smart Locks Market
FIG 8 LAMEA Smart Locks Market share by Technology, 2022
FIG 9 LAMEA Smart Locks Market share by Technology, 2030
FIG 10 LAMEA Smart Locks Market by Technology, 2019 - 2030, USD Million
FIG 11 LAMEA Smart Locks Market share by Product, 2022
FIG 12 LAMEA Smart Locks Market share by Product, 2030
FIG 13 LAMEA Smart Locks Market by Product, 2019 - 2030, USD Million
FIG 14 LAMEA Smart Locks Market share by End User, 2022
FIG 15 LAMEA Smart Locks Market share by End User, 2030
FIG 16 LAMEA Smart Locks Market by End User, 2019 - 2030, USD Million
FIG 17 LAMEA Smart Locks Market share by Country, 2022
FIG 18 LAMEA Smart Locks Market share by Country, 2030
FIG 19 LAMEA Smart Locks Market by Technology, 2019 - 2030, USD Million
FIG 20 SWOT Analysis: Honeywell international, inc.
FIG 21 SWOT Analysis: Zhejiang Dahua Technology Co., Ltd.
FIG 22 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 23 Recent strategies and developments: Assa Abloy AB
FIG 24 SWOT Analysis: Assa Abloy AB
FIG 25 SWOT Analysis: Allegion PLC