According to ABI Research data, in the 2023 global smart door lock market, shipments of products with video functionality amounted to 12.6 million units, accounting for 39% of the total sales volume, with a 34% growth rate for the year, far exceeding the 12% of ordinary smart locks. Its underlying driving force is the integration of technologies: for instance, the Hikvision D-K1T803CM series features a 4K ultra-wide-angle camera (162° view angle) and a dual-core AI chip, and can achieve face, license plate and package recognition in real time with an accuracy rate of 98.7% and a false alarm rate of only 0.9%. The US brand Ring’s Video Doorbell Pro surpassed 500,000 units sold during the Amazon Prime Day sale. Customer reviews of the product indicated that the video feature reduced attempted break-ins by 72% (based on statistics of 100,000 household samples).
In technical specifications, the response speed of the video smart door lock is 40 times that of the traditional access control system: In the case of abnormal movement, the device is capable of triggering an alarm in 0.5 seconds and pushing 1080P video to the user’s mobile phone (with a delay of less than 0.3 seconds). Let us consider Loock V5 Pro for instance. Its built-in PIR sensor has an 8-meter detection range for human motion. Together with the AI behavior analysis algorithm, the loss rate of express delivery is reduced by 89%. In Consumer Reports tests, the median anti-picking time of the video locks is 21 minutes (meets the American ANSI/BHMA standard), while normal locks can only last for 2 minutes and 15 seconds when being attacked by hydraulic tools.
The cost-benefit analysis shows that although the initial purchase price of the video smart door lock ($250-$800) is 60%-150% higher than that of the basic model, the payoff in the long run is huge. Figures submitted by insurance company Allstate show that households that have installed these devices have witnessed an average 15% to 22% annual premium reduction, whereas the claim amount in case of theft has decreased by 68%. To cite one instance, for a pilot project in a Sydney neighborhood in 2023, after the deployment of 800 units of Hikvision iDS-2KL video locks, burglary incidents dropped from an average of 23 annually to 2, and expenditure on property security was cut by 31%. In business, following the adoption of the Saflok MT-5300 with video feature by Marriott Hotels, the room service complaint rate fell by 44%. Since guests were able to identify callers via video, false door opening incidents fell by 75%.
In the network security and stability aspect, the smart door lock with high-end video employs end-to-end encryption (AES-256) and blockchain key management technology, reducing the rate of successful attacks by hackers to 0.08% (Kaspersky’s 2024 report). For example, the Samsung SHP-DP740 has obtained the IP65 waterproofing certification and its operation stability reaches 99.95% in a temperature environment of -30°C to 70° C. In comparison, the failure rate of traditional electronic locks can reach up to 27% under the environment of high humidity (>90%RH). When a blizzard disaster attacked Canada in 2023, the video stream transmission of the Yale Linius series video lock reached 25 frames per second even at -25°C, which assisted the police in solving 12 package theft cases.
Social cases also proved its value: During the 2024 Paris Olympics, 12,000 sets of smart door locks in the Athletes’ Village achieved secure passage for an average of 300,000 people per day through facial recognition and video log functions, and the efficiency of permission management was 50 times that of mechanical keys. In the sector of people’s livelihood, after a community in Hangzhou, China, finished installing Huawei smart video locks in 2023, the quarterly reports of burglars fell from 17 to 0, and the emergency response time of the property management was cut from 8 minutes to 40 seconds. ABI Research predicts that the market share of the video smart door lock will exceed 55% in 2025. Its technological iteration rate (average 19% annually) and the formation of user demand (global household penetration rate is expected to reach 28%) will continue to drive market growth.