Philippines Smart Locks Market size is projected to grow at a CAGR of 7.4% during 2025E-2031F

Bluetooth segment by Technology held the highest revenue share in the Philippines Smart Locks Market -6Wresearch

Bluetooth-enabled smart locks held a dominant share in the Philippines smart locks market, primarily due to their affordability and ease of installation, which make them highly attractive to both residential and commercial users. These locks function effectively without requiring a constant internet connection, making them ideal for areas with inconsistent Wi-Fi coverage. Additionally, their seamless compatibility with a wide range of smartphones ensures user convenience, while offering essential security features such as proximity-based unlocking, access logs, and temporary digital keys.

According to 6Wresearch, the Philippines Smart Locks Market size is projected to grow at a CAGR of 7.4% during 2025E-2031F. The smart locks market in the Philippines is poised for strong growth, supported by the country’s accelerating adoption of smart home technology. The Philippines smart home market is reflecting a rapid increase in consumer demand.

By 2025, Filipino households will own at least one smart home device a share that is projected to rise further. This widespread adoption is driven by rising disposable incomes, greater awareness of smart home benefits, and an increased focus on energy efficiency and home security. These dynamics will directly fuel demand for smart locks as consumers seek convenient, secure, and connected solutions to protect their properties.

Further, the travel and tourism sector is also expected to play a pivotal role. With Travel & Tourism forecast to contribute to the economy by 2035, the increasing need for secure, technology-enabled accommodations and commercial spaces will further accelerate smart lock penetration. As the Philippines invests in infrastructure and modernizes its economy, smart locks are set to become a critical component in delivering safety, operational efficiency, and seamless user experiences across residential, hospitality, and commercial properties.

According to Sumit, Senior Research Analyst, 6Wresearch, Deadbolts account for the largest share of the Philippines smart locks market, driven by their widespread adoption as the primary security solution for main entry points in residential homes, apartments, hotels, and commercial establishments. Their dominance is further supported by the expanding hospitality sector by 2028, thereby increasing demand for reliable and secure locking systems.

The Philippines Smart Locks Market (2025-2031) report provides an in-depth analysis with 14 figures and 5 tables, covered in 70 pages. The report thoroughly covers the market by product, technology, and end-user. The Philippines Smart Locks Market outlook report provides an unbiased and detailed analysis of the ongoing Philippines Smart Locks Market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.