Global Smart Bike Lock Market Set for Accelerated Growth Amid Rising Urbanization and Security Concerns
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The Smart Bike Lock Market is witnessing robust expansion driven by increasing urbanization, growing bike ownership, and rising concerns over bicycle theft. Smart bike locks combine convenience with advanced security features such as Bluetooth, GPS tracking, and biometric authentication, making them a preferred choice among urban cyclists worldwide.

 

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Smart Bike Lock Market Report | Global Forecast From 2025 To 2033

The global smart bike lock market size was valued at approximately USD 0.5 billion in 2023 and is expected to reach USD 1.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 15.2% during the forecast period.