The Germany Smart Lock is anticipated to grow at a CAGR 10.4% during the forecast period. The reasons which will augment the growth of Germany smart lock market such as government rules & regulation and investment in public security. The need to well-developed infrastructure will support the growth of the market too in the coming future. Smart locks provide the affordable security of the premises by providing the remote access of the premise. A proper arrangement of surveillance is always required for the proper functioning of the public and private organizations.
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Country is prone to significant number of thieves and theft cases over the past five years. Theft cases have increased approximately to 2% between 2017 and 2019. Public safety & security is one of the primary reasons on which the nation focuses on be it external or internal. Along with the theft related crime, the country has also registered considerable amount of other crimes such as burglaries, sexual violence, assault, intentional homicide and others. Smart locks are tailored to provide security to the property of an individual or a group of individuals. They provide direct remote access to the owner making their access easier through portable smart devices such as mobile phones.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Germany Smart Locks Market by Communication Protocol
- Bluetooth
- Wi-Fi
- Others
Germany Smart Locks Market by Application
- Residential
- Government
- Commercial
Germany Smart Locks Market by Type
- PadLocks
- Lever Handles
- Deadbolts
- Others
Company Profiles
- ASSAY ABLOY
- Dessmann Schliessanlagen GmbH
- EMKA BESCHLAGTEILE GMBH & CO. KG
- GANTNER ELECTRONIC GMBH
- Nuki Home Solutions GmbH
- Secutor Corp.
- SOREX wireless Solutions GmbH
- Tanos GmbH
The Report Covers
- Comprehensive research methodology of the Germany Smart Locks market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Germany Smart Locks market.
- Insights about market determinants which are stimulating the Germany Smart Locks market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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