Key Developments

In April 2024, Salto Systems, a leading provider of electronic access control solutions, introduced a new range of wireless digital door locks featuring real-time monitoring and alerts, specifically designed for the education and healthcare sectors.
In February 2024, ASSA ABLOY, the global leader in access solutions, launched a new range of innovative smart door locks that offer advanced features to enhance home security and convenience. The new ASSA ABLOY smart locks feature Wi-Fi connectivity, enabling users to control and monitor their doors remotely through their smartphones or voice assistants such as Amazon Alexa and Google Assistant. This integration with popular smart home platforms provides homeowners with seamless control over their access points, allowing them to lock, unlock, and check the status of their doors from anywhere. Additionally, the new ASSA ABLOY smart locks incorporate biometric authentication options, such as fingerprint recognition, to provide a more secure and convenient access experience for users. By leveraging the latest technologies, ASSA ABLOY continues to redefine the smart home security landscape and deliver cutting-edge solutions that meet the evolving needs of modern homeowners.
In November 2023, the Dormakaba Group, a globally leading provider of smart and secure access solutions, announced a strategic partnership with a leading IoT platform provider to develop innovative cloud-based access control solutions for their digital door lock systems. This collaboration aims to enable seamless integration and remote management capabilities, further enhancing Dormakaba's comprehensive suite of access control technologies. By leveraging the power of cloud computing and IoT, Dormakaba is poised to deliver even more advanced, connected, and user-friendly access control solutions to its customers worldwide, solidifying its position as a trusted partner for safe, secure, and sustainable access to buildings and spaces.
In September 2023, Allegion, a leading global provider of security solutions and access control technologies, introduced a new line of advanced digital door locks tailored specifically for the commercial sector. These innovative locks offer enhanced security features, comprehensive access control capabilities, and remote management functionalities to meet the evolving needs of businesses and commercial facilities. Leveraging Allegion's expertise in pioneering safety and security solutions, this new commercial-grade digital lock line empowers customers to seamlessly manage access, improve operational efficiency, and enhance the overall security of their premises. By expanding its product portfolio to address the unique requirements of the commercial market, Allegion continues to deliver on its mission of enabling seamless access and a safer world for its customers.
In August 2023, Honeywell International, a global leader in smart home security solutions, unveiled a new line of advanced smart door locks featuring built-in video doorbells. This innovative technology allows users to remotely view and communicate with visitors through a mobile app, enhancing security and convenience for homeowners.

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