Global Digital Door Lock System Market - Set to Surpass $9.75 Billion by 2030, Fueled by Increasing Demand for Smart Home Security Solutions

Digital Door Lock System Market size was valued at USD 2.33 Billion in 2023 and the total Digital Door Lock System Market revenue is expected to grow at a CAGR of 19.6% from 2024 to 2030, reaching nearly USD 9.75 Billion by 2030. Assa Abloy AB: A Swedish multinational, Assa Abloy specializes in access solutions. The company’s product range includes smart locks, security doors, and identity verification systems. Assa Abloy caters to diverse markets, including residential, commercial, and institutional sectors, and is known for its emphasis on sustainable and innovative designs. Allegion PLC: Based in Ireland, Allegion offers a wide array of security products and solutions. The company’s portfolio includes electronic locks, biometric access controls, and IoT-enabled systems, emphasizing reliability, user-friendly designs, and advanced security features.