Organization: Over the past 10 years, the compound annual growth rate of China's smart door lock market has reached 24.6%.

According to data compiled by Loutu Technology, the scale of China's smart door lock market has jumped from 2 million units in 2015 to 17.47 million units in 2024, and is expected to exceed 18 million units in 2025, representing a 3.1% increase from 2024. Looking at the statistics, the compound annual growth rate over the past decade has been 24.6%.