Now, the future of the smart lock sector looks increasingly bright. A recent analyst report, for example, predicted that the smart lock market will grow from USD 1,295.57 million in 2017 to USD 3,181.58 million by the end of 2024.
Smart locks were one of the first genuinely exciting and life-changing products to hit the smart home market. They’ve just been given a significant upgrade.
Considering that the first electronic keycard lock was patented back in 1975, smart door locks have been slow to gain traction with consumers. People tend to like the idea – no more carrying keys or forgetting keys, having the ability to grant access to a property remotely, tracking who comes and who goes. Yet one thing that has held smart lock adoption back is that they haven’t offered compelling features beyond basic keyless entry.
At least, that used to be the case.
Now, the future of the smart lock sector looks increasingly bright. A recent analyst report, for example, predicted that the smart lock market will grow from USD 1,295.57 million in 2017 to USD 3,181.58 million by the end of 2024. New, more advanced products have transformed a niche market into the popular and buoyant one we are seeing today.
Standards-based Setup Simplicity
While the use cases behind the smart lock are numerous, one of the main barriers to adoption has been reliability – both for business and home users. Trust in a door lock needs to be absolute, so the latest generation of smart locks connect over standard Wi-Fi networks. This is opposed to using proprietary wired or Bluetooth setup methods (as favoured by early locks), which require lengthy physical access as well as regular bug fixing by manufacturers.
The Future of Security
Stepping back, it’s fascinating how far the smart lock has come since those first Bluetooth devices. Rather than simply replacing a physical key, there is now a trend to pursue wider device functionality, widening commercial appeal to all verticals, while increasing market penetration. By offering multiple features, smart locks have become a more compelling and useful prospect. They are fast becoming the key to smarter building security.
Can you imagine a keyless world ? Let us introduce LVD-06, a smart door lock with convenient features that transforms your "lock usage experience" into a new level. LVD-06 is state of the art, easy to use and secure. You do not have to use traditional keys, as your smartphone becomes your key. You can assign digital keys to your guests with temporary or permanent access, keep a log of accesses to your door, get tamper notification and what not. You also get an option to install a manual key override if you choose to.
Post time: Jun-01-2021