Smart Door Locks Will Reach Early Mass-Market Homes in Coming Years, Says Parks

A quarter of U.S broadband homes intend to buy a smart door lock in the next 12 months, Parks Associates blogged Thursday. Over the next several years, the market is expected to expand into early mass-market households with moderate incomes and smaller homes, it said. The systems will integrate with smart speakers, with voice control helping to improve the user experience, said analyst Denise Ernst. Builders are adding built-in smart home technology in their models, said Ernst, saying partnerships with homebuilders and real estate developers will have “significant implications in broadening the user base.” Some 35 percent of those surveyed think smart door locks are affordable, she said.