| Product Code: ETC5602438 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Serbia smart lock market, imports showed a positive trend, with a growth rate of 9.33% from 2023 to 2024 and a compound annual growth rate (CAGR) of 4.71% from 2020 to 2024. This growth can be attributed to increasing demand for smart security solutions in the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Serbia Smart Lock Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia Smart Lock Market Revenues & Volume, 2022 & 2032F |
3.3 Serbia Smart Lock Market - Industry Life Cycle |
3.4 Serbia Smart Lock Market - Porter's Five Forces |
3.5 Serbia Smart Lock Market Revenues & Volume Share, By Lock Type , 2022 & 2032F |
3.6 Serbia Smart Lock Market Revenues & Volume Share, By Communication Protocol , 2022 & 2032F |
3.7 Serbia Smart Lock Market Revenues & Volume Share, By Unlocking Mechanism , 2022 & 2032F |
3.8 Serbia Smart Lock Market Revenues & Volume Share, By Vertical, 2022 & 2032F |
4 Serbia Smart Lock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about smart home security systems |
4.2.2 Growing demand for convenience and control over home security |
4.2.3 Technological advancements in smart lock systems |
4.2.4 Rising concerns about home security and burglary rates |
4.3 Market Restraints |
4.3.1 High initial investment costs of smart lock systems |
4.3.2 Compatibility issues with existing door hardware |
4.3.3 Concerns over data security and privacy with smart lock technology |
4.3.4 Limited consumer awareness and education about smart lock benefits |
5 Serbia Smart Lock Market Trends |
6 Serbia Smart Lock Market Segmentations |
6.1 Serbia Smart Lock Market, By Lock Type |
6.1.1 Overview and Analysis |
6.1.2 Serbia Smart Lock Market Revenues & Volume, By Deadbolt Locks, 2022-2032F |
6.1.3 Serbia Smart Lock Market Revenues & Volume, By Lever Handles, 2022-2032F |
6.1.4 Serbia Smart Lock Market Revenues & Volume, By Server locks & Latches, 2022-2032F |
6.1.5 Serbia Smart Lock Market Revenues & Volume, By Knob Locks, 2022-2032F |
6.1.6 Serbia Smart Lock Market Revenues & Volume, By Others, 2022-2032F |
6.2 Serbia Smart Lock Market, By Communication Protocol |
6.2.1 Overview and Analysis |
6.2.2 Serbia Smart Lock Market Revenues & Volume, By Bluetooth, 2022-2032F |
6.2.3 Serbia Smart Lock Market Revenues & Volume, By WiFi, 2022-2032F |
6.2.4 Serbia Smart Lock Market Revenues & Volume, By Z-Wave, 2022-2032F |
6.2.5 Serbia Smart Lock Market Revenues & Volume, By Others, 2022-2032F |
6.3 Serbia Smart Lock Market, By Unlocking Mechanism |
6.3.1 Overview and Analysis |
6.3.2 Serbia Smart Lock Market Revenues & Volume, By Keypad, 2022-2032F |
6.3.3 Serbia Smart Lock Market Revenues & Volume, By Card Key, 2022-2032F |
6.3.4 Serbia Smart Lock Market Revenues & Volume, By Touch Based, 2022-2032F |
6.3.5 Serbia Smart Lock Market Revenues & Volume, By Key Fob, 2022-2032F |
6.3.6 Serbia Smart Lock Market Revenues & Volume, By Smartphone Based, 2022-2032F |
6.4 Serbia Smart Lock Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Serbia Smart Lock Market Revenues & Volume, By Commercial, 2022-2032F |
6.4.3 Serbia Smart Lock Market Revenues & Volume, By Residential, 2022-2032F |
6.4.4 Serbia Smart Lock Market Revenues & Volume, By Institutional & Government, 2022-2032F |
6.4.5 Serbia Smart Lock Market Revenues & Volume, By Industrial, 2022-2032F |
6.4.6 Serbia Smart Lock Market Revenues & Volume, By Transportation & Logistic, 2022-2032F |
7 Serbia Smart Lock Market Import-Export Trade Statistics |
7.1 Serbia Smart Lock Market Export to Major Countries |
7.2 Serbia Smart Lock Market Imports from Major Countries |
8 Serbia Smart Lock Market Key Performance Indicators |
8.1 Adoption rate of smart lock systems in residential buildings |
8.2 Number of new entrants and innovations in the smart lock market |
8.3 Customer satisfaction and retention rates with smart lock products |
8.4 Average installation time for smart lock systems |
8.5 Frequency of software updates and improvements for smart lock products |
9 Serbia Smart Lock Market - Opportunity Assessment |
9.1 Serbia Smart Lock Market Opportunity Assessment, By Lock Type , 2022 & 2032F |
9.2 Serbia Smart Lock Market Opportunity Assessment, By Communication Protocol , 2022 & 2032F |
9.3 Serbia Smart Lock Market Opportunity Assessment, By Unlocking Mechanism , 2022 & 2032F |
9.4 Serbia Smart Lock Market Opportunity Assessment, By Vertical, 2022 & 2032F |
10 Serbia Smart Lock Market - Competitive Landscape |
10.1 Serbia Smart Lock Market Revenue Share, By Companies, 2025 |
10.2 Serbia Smart Lock Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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