In key geographic markets, smart home device sales will reach 356.3 million units annually in 2024, accounting for 80.2 million total smart homes. This represents an installed base of 1.33 billion smart home devices, with annual sales revenue of $21.3 billion (€18.99 billion) in 2024.
Danalock, a provider of smart lock solutions for smart homes and businesses, announced that its Danalock V3 is the first globally compatible, retrofit smart lock to be fully integrated into the Alarm.com interactive security platform, extending its ecosystem of connected devices for global customers.
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