Smart Bike Locks for Shared Bicycles
The idea is to develop a smart bike lock system for shared bicycles that eliminates the need for docking stations. Users can unlock and lock bikes anywhere using a smartphone app, reducing the frustration of searching for available docking stations. Market size: The global smart bike lock market is projected to reach $1.2 billion by 2025, with a CAGR of 11.3%. Tags: transportation, bike sharing, smart locks, mobile app. Country: United States, China, Germany, France, United Kingdom. One category: Property Rental.