Luotu Technology: Since April 2024, the online sales of smart door locks using facial recognition and vein recognition technology have increased by more than 160% year-on-year

In China's smart door lock market, sales of new unlocking methods are continuing to rise, especially the application of biometric technology in the unlocking field.

According to online monitoring data from RUNTO, online sales of smart door locks using facial recognition and vein recognition technologies have increased by more than 160% year-on-year since April this year , a growth rate that significantly exceeds the industry average of 24.3% over the same period. In terms of sales penetration in the online market, the use of facial recognition technology has increased significantly from 7.5% in January 2022 to 26.1% in April 2024.

Similarly, the market share of vein recognition technology also increased, from 1.8% in January 2022 to 7.4% in April 2024.

Sales penetration rate of facial recognition and vein recognition in China’s online smart door lock market from 2022 to 2024

In the vein recognition door lock market segment, the share of palm vein recognition continues to rise. As of April 2024, the share of palm vein recognition is close to 20%, an increase of 9.8 percentage points over the same period last year.

In addition, products that integrate finger vein and palm vein technologies have appeared on the market. This "dual vein" technology not only expands the scope of identification use, but also further improves the safety of the product.

Zikuai Technology