Global Biometric Smart Lock Market Set to Witness Significant Growth Through 2032

The global Biometric Smart Lock market is experiencing remarkable growth, driven by rising security concerns and the increasing adoption of smart home and commercial automation solutions. Biometric smart locks provide enhanced security through fingerprint recognition, facial recognition, and other biometric technologies, offering users convenience and reliability.
The growing integration of IoT and mobile connectivity further supports market expansion across residential, commercial, and industrial sectors worldwide.

 

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Biometric Smart Lock Market Research Report 2033

As per our latest market intelligence, the Global Biometric Smart Lock market size was valued at $2.1 billion in 2024, and is forecasted to hit $8.7 billion by 2033, growing at a robust CAGR of 17.2%.