Smart door locks are increasing in popularity as security-conscious homeowners and rental property managers continue to embrace the convenience of these Wi-Fi-, Z-Wave-, or Bluetooth-enabled locks.
In fact, in 2023, the market size was valued at around $17.5 billion and is anticipated to register a compound annual growth rate (CAGR) of over 12.7% between 2024 and 2032.
Wi-Fi smart lock market growth is no surprise, given the convenience of these Wi-Fi-enabled keypad entry systems. Add in the features of a smart security system that comes with keyless entry—such as Kwikset Smart Locks offered by Vivint—and it’s easy to see why smart locks sales are booming.
This guide explores the appeal of smart locks (including how they benefit both homeowners and renters), some best practices for where to install smart door locks, and how smart lock automation can integrate with your other smart devices to enhance your home security system.
What is a smart door lock?
Revolutionize the way you interact with your home using smart door locks, the ultimate keyless solution for the modern, connected lifestyle. Imagine the ease and convenience of managing entry to your home right from your smartphone, like with the intuitive Vivint app. These high-tech locks are more than just keyless—they're smart.
For instance, cutting-edge Kwikset smart door locks from Vivint take personalization to the next level. You can create and manage up to 50 unique access codes, assigning them to family, friends, and even service personnel. This feature isn't just about convenience; it's about staying informed. Each time someone uses their code, you'll get a notification, so you're always in the know about who's coming and going.
Connectivity is a key feature of these smart door locks. Leveraging your home's Wi-Fi network, they enable real-time communication with your lock via your smartphone. This means you can lock or unlock your door from anywhere, adding a layer of security and peace of mind.
But the innovation doesn't stop there. Smart door locks can seamlessly integrate with your broader smart home ecosystem. Picture commanding your lock with your voice through a smart speaker or linking it to your home security system, like the comprehensive solutions provided by Vivint. This synergy among devices amplifies your home's intelligence, making security and convenience harmonious and effortless.
In essence, smart door locks are more than just a keyless entry system—they're a gateway to a smarter, more secure, and incredibly convenient way of life.