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Smart Lock Market Trends Analysis

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The global smart lock industry was valued at USD 2.7 Billion in 2024, with projections indicating a rise to USD 9.9 Billion by 2033, growing at a CAGR of 15.43% (2025-2033). North America currently holds the largest market share at 40.9%. Growth is driven by the increasing need for home security, growing awareness of smart lock benefits, and rapid advancements in smart home technology. https://www.imarcgroup.com/smart-lock-market

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