Strategy Analytics: ASSA ABLOY is in the Driver’s Seat in the Consumer Smart Lock Market
The Power Players in the global smart lock market Yale, Kwikset, and Schlage have all but cemented themselves at the top of the global consumer smart lock leaderboard, though ASSA ABLOYs brands are poised to break away from the pack, according to the latest research published in Strategy Analytics 2022 Smart Door Lock Market: Products, Players and Predictions .
- The Power Players in the global smart lock market Yale, Kwikset, and Schlage have all but cemented themselves at the top of the global consumer smart lock leaderboard, though ASSA ABLOYs brands are poised to break away from the pack, according to the latest research published in Strategy Analytics 2022 Smart Door Lock Market: Products, Players and Predictions .
- In 2021 Strategy Analytics estimates ASSA ABLOY claimed 21% of the global smart lock market, and successfully acquiring Kwikset will expand ASSA ABLOYs market share to 35%, nearly double that of Allegions Schlage.
- View the full release here: https://www.businesswire.com/news/home/20220802005345/en/
Global 2021 Smart Door Lock Market Share by Consumer Units Sold, Source: Strategy Analytics, Inc.
"The ASSA ABLOY family of brands is effectively the default standard for smart locks globally," noted Jack Narcotta , Principal Industry Analyst in Smart Home Strategies research and advisory service. - Bill Ablondi , Director of Strategy Analytics Smart Home Strategies research and advisory service, added, Leading smart lock companies know future success will be built on software, and ASSA ABLOY is no exception.