The smart door lock market could benefit by re-evaluating its market structure and exploring ways to re-align industry relationships to drive the next wave of innovation at scale.

Typical use cases for smart door lock and access control systems:

• Grant entrance access remotely
• Receive electronic notifications of who is entering and leaving in real-time
• Assign permanent and temporary virtual key with access schedules for specific days and times
• Change or revoke access privileges at any time
• Trigger tamper and forced entry alarms that warn of a possible break-in