Smart door lock market is growing: forecasts up to 2032

Olena Serdiuk May 19, 2025 at 11:14 AM

The global smart door lock market is experiencing dynamic growth. According to a study by Fortune Business Insights, its size in 2024 reached USD 2.92 billion. In 2025, it is expected to grow to USD 3.45 billion, with a projected leap to USD 11.88 billion by 2032. The compound annual growth rate (CAGR) stands at 19.4%.
The German organisation Fenster + Fassade (VFF) also highlighted digital technologies as one of the six key trends in modern entrance door design.

Electronic locking mechanisms, enabling access control, are becoming particularly popular among smart home owners.

The COVID-19 pandemic and the rise of remote work accelerated the adoption of home automation. One notable trend has been the use of generative artificial intelligence. AI-supported security systems provide more precise access control, attracting a growing number of users moving away from traditional key-based locks.

Biometric technologies are also gaining traction — facial recognition, fingerprint scanning, and iris identification. These significantly hinder unauthorised access and increase trust in security systems across residential, commercial, and governmental sectors.

Despite the rapid growth, the market faces challenges — particularly compatibility issues between different systems and concerns about personal data protection. However, leading manufacturers continue to expand their capabilities through partnerships, mergers, and new product launches.

For example, in December 2023, the Spanish company SALTO Systems announced the launch of the new DBolt Touch lock, which modernises mechanical deadbolts in multi-residential buildings.

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