
Europe Smart Lock Market
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The Europe smart lock market size was estimated at USD 1 billion in 2024. The market is expected to grow from USD 1.2 billion in 2025 to USD 4.3 billion in 2034, at a CAGR of 15.4% according to latest report published by Global Market Insights Inc.

As the prevalence of burglaries, unauthorized access, and property offenses rises, consumers are increasingly conscientious about both residential and workspace security. Standard locking mechanisms are recognized as inadequate, particularly in urban settings where security offenses are more likely to occur. Smart locks provide the aforementioned features within the context of current consumer and commercial security concerns, including real-time alerts, tamper notifications, and remote access control which allows information and management of ingress and egress from anywhere in the world.
Further, tracking access history and issuing temporary digital keys increases the level of participation and control absent in prior mechanisms. This information is valuable considering households with children or elderly members, houses that host many visitors, and the short-term rental market. Once the benefits of accountability and control become commonplace, acceptance of smart locking mechanisms will be more consistent with the nature of modern security.
The market for smart locks in Europe is expanding, largely driven by the increasing acceptance of smart home technology within the continent. Consumers are rapidly adopting smart locks as a connected element of their home. The adoption is happening most quickly in Germany, the U.K., France, and the Netherlands, which are experiencing increases in urbanization, widespread access to high-speed internet, and growing knowledge and interest in the benefits of home automation. Smart locks not only serve as robust facilitators of keyless entry, they can also now easily be integrated with other smart-enabled devices such as cameras, alarms, and voice assistants, making smart locks an essential part of the modern home security experience.
Aspects of keyless entry, access via mobile apps from anywhere, and real-time monitoring resonate with European homeowners, especially in densely populated urban environments or multi-unit residences. The expansion to smart living will continue to occur as increasing disposable incomes drive renovation projects. In parallel, government measures to support energy-efficient and secure housing, as well as the large supply of Wi-Fi and Bluetooth-enabled devices on the market, create an optimal condition for an increase in the adoption of European residence-based smart locks. Smart-home ecosystems are becoming more general-use consumer products; however, smart locks will transition from luxury items to an essential part of the residence security market in Europe.
| Key Takeaway | Details |
|---|---|
| Market Size & Growth | |
| Base Year | 2024 |
| Market Size in 2024 | USD 1 Billion |
| Market Size in 2025 | USD 1.2 Billion |
| Forecast Period 2025 - 2034 CAGR | 15.4% |
| Market Size in 2034 | USD 4.3 Billion |
| Key Market Trends | |
| Drivers | Impact |
| Rising security awareness | As home and data security increases it is heating the demand for smart lock and in particular smart locks supporting multiple factors authentication for encrypted communication. |
| Increase in adoption of smart homes | The overall increase in smart home devices being installed across Europe is increasing the incorporation of smart locks as consumers desire smart locks that can be integrated into their smart home devices, thus providing convenience and security. |
| Integration of enhanced features with traditional lock systems | Manufacturers are creating smart locks that pair traditional mechanical locks with digital features such as mobile access, thus decreasing the oversight required for existing homes. |
| Pitfalls & Challenges | Impact |
| High cost of adoption | Advanced solutions typically require some premium cost or expensive installation, examples displayed may delay the growth of certain segments or territories, particularly among cost-sensitive consumers. |
| Security concerns | While advanced solutions typically require some premium cost or expensive installation, examples displayed may delay the growth of certain segments or territories, particularly among cost-sensitive consumers. |
| Opportunities: | Impact |
| Biometric and AI integration | The incorporation of fingerprint scanning, facial recognition, and AI-powered predictive security will unlock new and different value propositions by creating a personalized, yet secure form of access. |
| Cloud-based access management | Cloud platforms with features such as remote controls, real-time alerts, and modular or multi-site management make Smart Locks a desirable option for residential and commercial applications alike and further support the growth of this category across Europes growing rental and hospitality use cases. |
| Market Leaders (2024) | |
| Market Leaders |
17% market share |
| Top Players |
The collective market share in 2024 is 35% |
| Competitive Edge |
|
| Regional Insights | |
| Emerging countries | UK, France, Italy |
| Future outlook |
|
The smart lock market in Europe is expanding rapidly, as consumers are interested in services such as smart home integration, security, and technology that provide convenience. Smart locks are becoming ingrained in residential and commercial settings, as urbanization increases, smartphone penetration rises, and consumers are aware of the emerging technology that is home automation. Innovations in wireless communications technology, such as Wi-Fi, Bluetooth, Zigbee, and Z-Wave, are also contributors to this market expansion, providing some form of connectivity and remote access technologies.

Based on product, the smart lock market is divided into deadbolt lock, lever handle, padlock and others. In 2024, deadbolt lock held the major market share, generating a revenue of USD 500 million.

Based on unlocking mechanism, the smart lock market is segmented into keyboard, touchscreen, app based, hybrid, biometric and others. The touchscreen segment held the largest share, accounting for 35.5% of the Europe smart lock market in 2024.
Based on the distribution channel, the smart lock market is segmented into online and offline. In 2024, offline distribution channel held a major market share, generating a revenue of USD 500 million.

Europe Smart Lock Market
In 2024, the Germany dominated the Europe market, accounting for around 29.6% and generating around USD 310 million revenue in the same year.
Assa Abloy are leading with 17% market share. Assa Abloy, Dormakaba, Allegion, Salto Systems, Nuki Home Solutions collectively hold around 35%, indicating moderately fragmented market concentration. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broad customer base, and strengthen their market position.
Assa Abloy is a worldwide frontrunner in access solutions and a leading provider of smart locks in Europe. Its well-established brands, including Yale and August Home, offer a diversified product portfolio of smart locking solutions suitable for residential, commercial, and institutional customers, featuring Bluetooth, Wi-Fi, and Z-Wave technologies that interoperate with major smart home ecosystems, including Apple HomeKit and Google Home.
Allegion is a significant global supplier of security and access control solutions, smart locks included. Allegion is positioned competitively in the global and European markets through brands such as Schlage and Onity and focuses on both residential and hospitality markets, which has experienced increased adoption of smart locks in recent years. Allegion's offerings feature smart locks with various connectivity options, all while integrating with smart home systems with worker and consumer at top of mind for usability and security in the hospitality environments.
Major players operating in the smart lock industry are:
Spectrum Brands, is a U.S. based consumer products company, is participating in the smart lock market via its lock hardware brands, most notably Kwikset and Baldwin. Despite its primary strength being in North America, Spectrum Brands has expanded into Europe and is offering smart locks that work with many of the smart home systems we recognize today. Spectrum Brands focuses on innovative design and user-friendly features aimed at homeowners looking for attractive and reliable security products.
Yale Locks, a household name in the European smart lock market, has a full lineup of smart locking products such as the Linus Smart Lock and Conexis L1 smart lock that are built for European doors. Yale is a preferred brand for many residential consumers across the UK, Nordics, and much of Europe because of Yale’s smart locks that can integrate with everything from some of the major smart home platforms to home security systems. In addition, Yale’s well-known brand and dedication to providing digital security has made it an established leader in the smart lock category.
Market, By Product Type
Market, By Unlocking Mechanism
Market, By Connectivity Type
Market, By Price Range
Market, By End Use
Market, By Distribution Channel
The above information is provided for the following regions and countries:
Germany dominated the European smart lock market with a 29.6% share (USD 310 million) in 2024, supported by widespread adoption of home automation, robust construction activity, and strong consumer focus on security and privacy.
The U.K., France, and Italy are key emerging markets, driven by urbanization, renovation projects, and increased integration of smart locks in hospitality, coworking, and rental property sectors.
The offline distribution channel held the largest share with USD 500 million revenue in 2024, as consumers prefer in-person evaluation, installation support, and after-sales services available through retail chains and hardware stores.
The deadbolt lock segment led the market, generating USD 500 million revenue in 2024, as these locks offer superior resistance to forced entry and compatibility with retrofit smart lock systems, making them ideal for both new installations and upgrades.
The touchscreen segment accounted for 35.5% of the market in 2024, driven by demand for keyless access, user-specific PIN control, and enhanced security features such as anti-peeping and automatic locking systems.
Key players include Assa Abloy, Dormakaba, Allegion, Salto Systems, Nuki Home Solutions, Yale Locks, August Home, Spectrum Brands, Honeywell International, Onity, Avent Security, Schlage, and Cansec Systems.
The market is projected to reach USD 1.2 billion in 2025, supported by growing smart home penetration across Germany, the U.K., France, and the Netherlands, along with increasing interoperability between smart locks and home automation platforms.
The market is expected to reach USD 4.3 billion by 2034, growing at a CAGR of 15.4%, fueled by the integration of biometric and AI-powered authentication, cloud-based access management, and rising adoption of energy-efficient and connected security systems.
The market size was USD 1 billion in 2024, driven by increasing urbanization, growing adoption of smart home technologies, and rising consumer demand for enhanced security and convenience in residential and commercial spaces.


