US Smart Locks Market Gains Momentum from Connected Security

The adoption of connected security technologies is accelerating across North America as homeowners, businesses, property managers, and hospitality operators seek more convenient and controllable access solutions. Smart locks are increasingly becoming part of broader connected-building ecosystems, integrating with smartphones, security cameras, voice assistants, home automation platforms, and cloud-based management systems. In the US, strong consumer familiarity with connected devices and growing interest in digitally managed security are creating favorable conditions for smart lock adoption. The Insight Partners identifies North America as the leading regional contributor to the global industry, supported by the growing adoption of smart-home devices.

The Smart Locks Market Size was valued at US$2.43 billion in 2023 and is projected to reach US$7.21 billion by 2031, expanding at a CAGR of 14.6% from 2023 to 2031. The addressable opportunity is estimated at US$37.67 billion during 2024–2031. Within this growth landscape, North America and particularly the US represent important opportunities because of connected-device penetration, increasing security awareness, urbanization, and the expansion of smart-home infrastructure.

Download Sample PDF: https://www.theinsightpartners.com/sample/TIPTE100001308

Growing Demand for Connected Security in North America

One of the primary Smart Locks Market drivers in North America is the increasing demand for connected security solutions. Consumers are increasingly accustomed to managing household devices through smartphones and applications, creating a natural pathway for connected access-control products. Smart locks allow users to remotely lock or unlock doors, provide temporary digital access, monitor entry activity, and manage multiple users without relying exclusively on traditional physical keys.

The US represents a particularly important opportunity because smart locks can integrate with established smart-home ecosystems. Wi-Fi and Bluetooth-enabled products can connect with smartphones and other connected devices, allowing homeowners to incorporate door access into broader security and automation routines. The Insight Partners identifies growing demand for connected devices among consumers as a key driver of smart lock adoption.

Rising Security Concerns Support Adoption

Security concerns are another significant factor shaping demand across the US and Canada. Property owners increasingly want greater visibility and control over who can enter their homes, offices, rental properties, and other facilities. Smart locks provide authentication through technologies such as PIN codes, biometric recognition, smartphones, Bluetooth, Wi-Fi, and other digital credentials.

The ability to receive notifications and review access activity provides an additional layer of control. This is particularly valuable for households that need to provide access to family members, contractors, caregivers, or guests without distributing physical keys.

At the same time, cybersecurity and privacy are becoming important considerations. A 2025 NIST study of US smart-home users found that users can have security and privacy concerns surrounding connected devices and the data they collect, highlighting the importance of secure product design and consumer awareness as adoption expands.

US Smart-Home Expansion Creates New Opportunities

The US smart-home ecosystem provides a strong foundation for smart lock deployment. Smart locks can be integrated with connected doorbells, cameras, alarms, lighting systems, voice assistants, and home automation platforms. This interoperability makes them increasingly relevant not only as individual security products but also as components of complete connected-property solutions.

Residential applications are particularly important. According to The Insight Partners, the residential segment held the largest share of the global smart locks industry in 2023. The trend is supported by consumers seeking convenience alongside security, particularly in digitally connected homes.

Multifamily housing is another promising application in the US. Property owners and managers can use remotely managed locks to streamline tenant access, maintenance visits, guest entry, and property operations. Such applications can reduce dependence on physical keys and simplify access management across multiple units.

Hospitality and Commercial Applications Expand

North America's hospitality and commercial sectors are also contributing to demand. Hotels, vacation rentals, offices, retail facilities, and other commercial properties increasingly require flexible access-control systems.

In the hospitality sector, smart locks can support keyless entry and digital check-in experiences. For short-term rental operators, remote access capabilities can simplify guest management while allowing credentials to be activated and revoked according to booking schedules.

Commercial facilities can benefit from centralized access management, particularly where multiple employees, contractors, or visitors require different levels of authorization. These applications create opportunities for manufacturers to develop enterprise-grade solutions with stronger authentication, cloud management, analytics, and integration capabilities.

Technology Innovation Strengthens the North American Opportunity

Technology development is expected to remain a major growth catalyst. The smart locks industry is segmented across communication technologies including Wi-Fi, NFC, and Bluetooth, with Wi-Fi holding a larger share in 2023.

Manufacturers are increasingly incorporating biometric authentication, mobile applications, cloud connectivity, artificial intelligence, and advanced encryption into their products. These developments can improve convenience while addressing the growing demand for more sophisticated security.

For North American consumers, ease of installation and compatibility with existing smart-home platforms are also becoming important purchasing considerations. Products that provide seamless integration across multiple connected-device ecosystems can gain an advantage as households increasingly adopt interconnected technologies.

Top Players in the Smart Locks Market

The competitive landscape includes established security companies, smart-home technology providers, and specialized access-control manufacturers. Key players identified by The Insight Partners include HAVENLock, Honeywell International Inc., August Home, SAMSUNG, Vivint, Inc., Wyze Labs, Inc., U-tec Group Inc., Schlage, GANTNER Electronic GmbH, and SALTO Systems, S.L.

Companies are focusing on product innovation, partnerships, connectivity improvements, and expanded application capabilities to strengthen their positions. In the US, established brands with strong residential security and smart-home distribution networks are well positioned to capitalize on growing consumer demand.

Future Outlook for North America and the US

The future outlook for smart locks across North America remains positive as connected security becomes increasingly integrated into residential and commercial infrastructure. The US is expected to remain a major growth center because of its established smart-home ecosystem, high consumer adoption of connected devices, and expanding demand for remotely managed security.

Future opportunities are likely to emerge from multifamily housing, hospitality, vacation rentals, offices, healthcare facilities, and smart-building projects. Greater integration of AI, biometrics, cloud platforms, and IoT technologies can further expand functionality.

As consumers become more comfortable managing security through smartphones and connected platforms, smart locks are likely to evolve from standalone access products into essential components of broader digital security ecosystems. The combination of convenience, remote management, personalization, and enhanced access visibility is expected to support continued adoption across the US and wider North American region.

About The Insight Partners

The Insight Partners is a globally recognized market research and consulting firm providing reliable and actionable insights to businesses across industries. Its research delivers detailed analysis of emerging trends, growth drivers, competitive landscapes, regional developments, and strategic opportunities to support informed business decisions.