The global market for digital door lock systems has been projected to be dominated by a handful of established players. Approximately 45.0% of the overall market share has been cumulatively accounted by the top five companies in the year 2016. While the small scale, domestic, and regional companies held the remaining share of the global market in the same year, nearly 66.0% of the share in the market was accounted by the top ten companies in the global market. Adopting enhanced manufacturing capacities, putting in more investments towards achieving better technological advantage, and taking over smaller companies are considered to be among the most widely adopted strategies by the key players in the global digital door lock system market. The global market for digital door lock systems generated a revenue worth US$1.1 bn in the year 2016. However, the growth of the market is being projected on a brighter side, with an estimated market valuation worth US$15.0 bn by the end of 2025. T...