Goodbye Traditional Locks. A new era of Smart Locks has Arrived
On a scale of 1–10, how much does this statement surprise you:
“According to a report by Grand View Research, the global smart lock market is projected to reach USD 2.8 billion by 2027, growing at a CAGR of 18.6% from 2020 to 2027.”
Not too surprising, we suppose – everyone knows we are striving to improve our home security and searching for comprehensive solutions.
With these in mind, hundreds of brands have raised and taken the innovative step to provide significant technology for this security and convenience gap. The problem is apparent, the need is obvious, and the opportunity is massive.
In this article, we are going to examine the history of traditional locks before diving deep into one area of our particular interest: Smart Locks
Then, we’ll share what’s new and exciting and look into what might be next for Smart Lock.
Buckle in as we look into the world of locks and see what the future may bring.
Market Definition
Smart Locks is an electronic locks that can be controlled and monitored remotely using a smartphone app or other connected devices. Smart locks typically use wireless technologies such as Bluetooth, Wi-Fi, or Z-Wave to communicate with other devices and can be integrated with home automation systems. They provide a modern and convenient way to secure and manage access to physical spaces and are increasingly popular among homeowners, property managers, and vacation rental hosts.
The future market for smart locks is expected to continue to grow as more and more consumers seek out convenient and secure home security solutions.
According to a report by MarketsandMarkets, the global smart lock market is projected to grow from $1.2 billion in 2020 to $2.5 billion by 2025 at a compound annual growth rate (CAGR) of 15.3%.
The increasing adoption of smart homes, the rise in disposable income, and the growing awareness of home security are some of the key factors driving the growth of the smart lock market.
Additionally, the integration of smart locks with other smart home devices, such as voice assistants and security cameras, is expected to further drive the growth of the market.
This integration will enable users to control their smart locks through voice commands and receive real-time notifications of any suspicious activity, making it easier to monitor and secure their homes.
Here’s a rough overview of the leading brands for Smart Lock
1. August
Quality: August locks are built with high-quality materials and are known for their durability and reliability.
Compatibility: August locks are compatible with a wide range of smart home platforms, including Amazon Alexa, Google Assistant, and Apple HomeKit.
Easy to install: August locks are designed for easy installation, so you don’t need to hire a professional to set them up.
App control: The August app allows you to control your lock remotely, so you can monitor access to your home even when you’re away.
Range of features: August locks offer a range of features, such as tamper alerts, virtual keys, and auto-locking, to make your home more secure and convenient.
2. Schlage
Trusted Brand: Schlage has been a trusted name in the lock industry for over 100 years, and they have built a reputation for quality and reliability.
Multiple Options: Schlage offers a wide range of smart lock options, from basic models to high-end ones, to suit different needs and budgets.
Easy Installation: Schlage smart locks are designed to be easy to install and can be set up in just a few minutes without the need for professional assistance.
Strong Security: Schlage smart locks are equipped with strong security features, such as built-in alarms, tamper-resistant covers, and encryption technology, to protect against hacking and unauthorized access.
Integration with Smart Home Systems: Schlage smart locks can integrate with popular smart home systems like Amazon Alexa and Google Assistant, allowing users to control their locks with voice commands and set up automated routines.
3. Yale
A trusted name in security: Yale has been in the business of producing locks and security systems for over 175 years, and they have a reputation for quality and reliability.
Wide range of products: Yale offers a variety of smart lock models to suit different needs and preferences, including a keypad, touchscreen, and keyless entry options.
Advanced security features: Yale smart locks come with features such as tamper alarms, auto-locking, and remote access control to provide enhanced security for your home or business.
Integration with smart home systems: Yale smart locks can be integrated with popular smart home systems like Amazon Alexa, Google Assistant, and Apple HomeKit for added convenience and control.
Easy installation and setup: Yale smart locks are designed to be easy to install and set up, with simple instructions and intuitive interfaces for hassle-free operation.
4. Nest
Integration with Nest ecosystem: Nest smart locks are designed to work seamlessly with other Nest products, such as Nest cameras and thermostats. This integration allows for a more comprehensive smart home experience.
Convenience and flexibility: Nest smart locks offer several convenient features, such as remote access, voice control, and guest access. The locks can also be programmed to automatically lock and unlock at specific times.
Enhanced security features: Nest smart locks offer enhanced security features, such as tamper detection and alerts and the ability to set unique passcodes for different users.
Stylish design: Nest smart locks are sleek and stylish, making them a good fit for modern homes.
Trusted brand: Nest is a well-known and respected brand in the smart home industry, known for producing high-quality products that are reliable and easy to use.
5. Ultraloq
Multiple Access Options: Ultraloq offers multiple access options, including fingerprint, code, key, smartphone app, and smartwatch compatibility.
Durable: Ultraloq smart locks are built with high-quality materials such as metal and hardened plastics, making them durable and able to withstand wear and tear.
Easy Installation: Ultraloq smart locks can be installed quickly and easily without requiring professional help.
Weatherproof: Many of Ultraloq’s smart locks are weatherproof, making them suitable for outdoor use.
Customizable: Ultraloq smart locks come with customizable features such as auto-lock and auto-unlock options, giving users more control and convenience.
6. Samsung
Reputation: Samsung is a well-known and respected brand in the technology industry, with a strong reputation for producing high-quality and reliable products.
Integration: Samsung smart locks integrate seamlessly with other Samsung smart home products, allowing for a cohesive and convenient smart home experience.
App features: Samsung’s smart lock app includes several features, such as remote access and monitoring, that make it easier to control and monitor your home’s security.
Design: Samsung smart locks feature sleek and modern designs that blend seamlessly into any home decor.
Security: Samsung strongly emphasizes security and uses advanced encryption and authentication technologies to ensure that its smart locks are secure from hacking and other attacks.
7. Igloohome
Innovative Technology: Igloohome uses unique technology, such as its “Airbnb integration” feature that makes it easy for hosts to grant access to guests remotely.
Advanced Security: Igloohome’s smart locks use advanced encryption and data protection technologies to ensure the highest level of security.
Convenience: Igloohome’s smart locks can be unlocked using various methods, including PIN codes, Bluetooth, and even a physical key. This makes it easy to access your home without worrying about lost or misplaced keys.
Design: Igloohome’s smart locks come in a sleek and modern design, making them a stylish addition to any home.
Flexibility: Igloohome’s smart locks can be used on a wide range of doors, including wooden, metal, and glass doors, making them a versatile option for homeowners.
8. Oji
High-quality construction: Oji smart locks are made with durable materials, ensuring that they can withstand wear and tear over time.
Versatility: Oji locks are suitable for both indoor and outdoor use, making them a versatile choice for securing your home or property.
Easy installation: Oji locks are designed to be easy to install, allowing you to quickly and easily upgrade your home security.
Advanced features: Oji locks offer advanced features such as tamper alerts, virtual keys, and remote access, giving you greater control over your home security.
Affordability: Oji locks are priced competitively, making them an affordable option for homeowners who want to upgrade their security without breaking the bank.
History lesson
Smart locks have only recently become popular in the past decade, but the concept of keyless entry has been around for much longer. In the 1980s, keyless entry systems were introduced for cars, and in the 1990s, keyless entry systems for homes began to emerge. These early systems were typically controlled by a keypad and required a code to be entered in order to unlock the door.
The first smart lock was created in the early 2000s by a company called Schlage, which is a leading manufacturer of locks and door hardware. The smart lock was named “Link” and it was designed to be controlled remotely using a smartphone or computer.
The Link smart lock could be programmed to automatically lock and unlock at certain times, or it could be controlled manually using a smartphone app. While the Link smart lock was an innovative product at the time, it did not gain widespread popularity due to its high cost and limited features. Since then, however, smart lock technology has improved significantly, and many companies have entered the market with a range of affordable and feature-rich smart lock options.
The first true smart lock was introduced in 2007 by the company UniKey Technologies. Their lock was designed to be controlled by a smartphone app and used Bluetooth technology to communicate with the phone. Since then, smart locks have continued to evolve and improve, with many new features and technologies being introduced.
Today, smart locks are widely available and can be found in a variety of styles and with a range of features. They offer convenience, security, and peace of mind to homeowners and renters, and continue to grow in popularity as more people become interested in smart home technology.
After the initial development of smart locks, there has been a steady increase in their popularity and adoption among consumers. This has led to the introduction of more advanced and sophisticated models, with features such as biometric authentication, remote access control, and integration with smart home systems.
Smart locks have also become more affordable and accessible to the average consumer, with many major lock manufacturers and technology companies entering the market. As the technology continues to improve, it is likely that smart locks will become even more prevalent in homes and businesses around the world.
Here are the current innovations that Smart Locks is exploring
Biometric Authentication: Some smart locks now feature biometric authentication, which allows users to access their homes using their fingerprints or facial recognition. This provides a higher level of security compared to traditional key-based locks.
Wi-Fi Connectivity: Many smart locks now come with Wi-Fi connectivity, which allows users to control and monitor their locks from anywhere using their smartphones or other internet-connected devices.
Voice Control: Some smart locks now feature voice control, which allows users to lock and unlock their doors using voice commands through virtual assistants such as Alexa or Google Assistant.
Remote Access: Many smart locks now offer remote access, which allows users to provide access to their homes to family members, friends, or service providers even when they are not home.
Keyless Entry: Some smart locks offer keyless entry, which eliminates the need for physical keys altogether. Instead, users can enter their homes using codes, smartphones, or other authorized devices.
Tamper Detection: Many smart locks now feature tamper detection, which alerts users when someone attempts to tamper with or break into their locks. Some locks even come with built-in cameras that capture images or videos of intruders.
Battery Backup: Some smart locks now come with battery backup, which ensures that the lock remains functional even during power outages.
Conclusion
In conclusion, the introduction of smart locks has revolutionized the way we secure our homes and belongings. With biometric authentication, Wi-Fi connectivity, voice control, remote access, keyless entry, tamper detection, and battery backup features, smart locks offer a more convenient, secure, and flexible way to control access to our homes. As a result, traditional locks are gradually being replaced by smart locks, ushering in a new era of home security.
Ojismart is the best Smart Lock provider in UAE. We offer a wide variety of Smart Lock products, expert technicians/engineers support, and a seamless process that prioritizes our client’s concerns. In addition, Ojismart is keen to provide consistent innovation and convenience to deliver the best Smart Lock. A Smart Lock for every Door.