China Smart Door Lock Industry White Paper
According to a survey by Analysys, the sales volume of smart door locks increased significantly from 4 million units in 2016 to 8 million in 2017. It is projected to surpass 32 million units by 2019, indicating a massive growth trend. With a market scale exceeding 10 billion yuan, the smart door lock industry is showing great potential and is expected to open up new profit opportunities for businesses. This rapid development highlights the increasing demand for smart home solutions and the growing consumer interest in security and convenience.
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