| Product Code: ETC5602381 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guyana`s smart lock import market is thriving, with significant growth seen in 2024. The top exporting countries to Guyana include the USA, China, Hong Kong, Puerto Rico, and Canada. High Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The impressive Compound Annual Growth Rate (CAGR) of 17.27% from 2020 to 2024 showcases sustained demand. Moreover, the remarkable growth rate of 57.76% from 2023 to 2024 highlights the increasing popularity and adoption of smart lock technology in Guyana.

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 Guyana Smart Lock Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Smart Lock Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Smart Lock Market - Industry Life Cycle |
3.4 Guyana Smart Lock Market - Porter's Five Forces |
3.5 Guyana Smart Lock Market Revenues & Volume Share, By Lock Type , 2021 & 2031F |
3.6 Guyana Smart Lock Market Revenues & Volume Share, By Communication Protocol , 2021 & 2031F |
3.7 Guyana Smart Lock Market Revenues & Volume Share, By Unlocking Mechanism , 2021 & 2031F |
3.8 Guyana Smart Lock Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Guyana Smart Lock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about home security and smart technology |
4.2.2 Growing urbanization leading to higher demand for innovative security solutions |
4.2.3 Rise in disposable income levels driving the adoption of smart home devices |
4.3 Market Restraints |
4.3.1 High initial cost of smart lock systems may limit market penetration |
4.3.2 Concerns about data privacy and security could hinder consumer trust in smart lock technology |
5 Guyana Smart Lock Market Trends |
6 Guyana Smart Lock Market Segmentations |
6.1 Guyana Smart Lock Market, By Lock Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Smart Lock Market Revenues & Volume, By Deadbolt Locks, 2021-2031F |
6.1.3 Guyana Smart Lock Market Revenues & Volume, By Lever Handles, 2021-2031F |
6.1.4 Guyana Smart Lock Market Revenues & Volume, By Server locks & Latches, 2021-2031F |
6.1.5 Guyana Smart Lock Market Revenues & Volume, By Knob Locks, 2021-2031F |
6.1.6 Guyana Smart Lock Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guyana Smart Lock Market, By Communication Protocol |
6.2.1 Overview and Analysis |
6.2.2 Guyana Smart Lock Market Revenues & Volume, By Bluetooth, 2021-2031F |
6.2.3 Guyana Smart Lock Market Revenues & Volume, By WiFi, 2021-2031F |
6.2.4 Guyana Smart Lock Market Revenues & Volume, By Z-Wave, 2021-2031F |
6.2.5 Guyana Smart Lock Market Revenues & Volume, By Others, 2021-2031F |
6.3 Guyana Smart Lock Market, By Unlocking Mechanism |
6.3.1 Overview and Analysis |
6.3.2 Guyana Smart Lock Market Revenues & Volume, By Keypad, 2021-2031F |
6.3.3 Guyana Smart Lock Market Revenues & Volume, By Card Key, 2021-2031F |
6.3.4 Guyana Smart Lock Market Revenues & Volume, By Touch Based, 2021-2031F |
6.3.5 Guyana Smart Lock Market Revenues & Volume, By Key Fob, 2021-2031F |
6.3.6 Guyana Smart Lock Market Revenues & Volume, By Smartphone Based, 2021-2031F |
6.4 Guyana Smart Lock Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Guyana Smart Lock Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.3 Guyana Smart Lock Market Revenues & Volume, By Residential, 2021-2031F |
6.4.4 Guyana Smart Lock Market Revenues & Volume, By Institutional & Government, 2021-2031F |
6.4.5 Guyana Smart Lock Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Guyana Smart Lock Market Revenues & Volume, By Transportation & Logistic, 2021-2031F |
7 Guyana Smart Lock Market Import-Export Trade Statistics |
7.1 Guyana Smart Lock Market Export to Major Countries |
7.2 Guyana Smart Lock Market Imports from Major Countries |
8 Guyana Smart Lock Market Key Performance Indicators |
8.1 Percentage of households using smart lock systems in Guyana |
8.2 Number of new entrants in the smart lock market in Guyana |
8.3 Rate of technological advancements in smart lock systems in Guyana |
9 Guyana Smart Lock Market - Opportunity Assessment |
9.1 Guyana Smart Lock Market Opportunity Assessment, By Lock Type , 2021 & 2031F |
9.2 Guyana Smart Lock Market Opportunity Assessment, By Communication Protocol , 2021 & 2031F |
9.3 Guyana Smart Lock Market Opportunity Assessment, By Unlocking Mechanism , 2021 & 2031F |
9.4 Guyana Smart Lock Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Guyana Smart Lock Market - Competitive Landscape |
10.1 Guyana Smart Lock Market Revenue Share, By Companies, 2024 |
10.2 Guyana Smart Lock Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |