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Security Providers Feeling Heat From Smart Home Market Competitors

Despite their current dominance in North America, installing security contractors are forecast to relinquish market share to hard-charging MSOs, smart home specialists, DIY system providers and utilities.


Latest in Home Automation

Hikvision USA has partnered with Control4, a provider of home automation and control systems, to bring video surveillance technology to the smart home market. SSI Staff · January 04, 2016

Honeywell announced it has completed the acquisition of Elster, a provider of thermal gas solutions for commercial, industrial and residential heating systems and gas, water and electricity meters, including smart meters and software and data analytics solutions. SSI Staff · December 29, 2015

Home automation leader Control4 has teamed with GreenSky to provide consumer financing for smart-home products and installation, including Control4’s own products and services, as well as third-party solutions. Julie Jacobson · December 23, 2015

Home automation and home security go hand-in-hand. That's why security integrators should target the smart home market to add more RMR. By Alexei Erchak · December 21, 2015

QMotion Advanced Shading Systems, a rising star in the home technology channel, has been by acquired Legrand North America, parent company of NuVo, On-Q, Pass & Seymour, Vantage, Watt Stopper, Middle Atlantic and other leading brands in the home automation, lighting controls and building infrastructure categories. Julie Jacobson · December 18, 2015

The global home automation market is expected to reach $21.0 billion in 2020 at a CAGR of around 25% between 2015 and 2020, according to a report conducted by Zion Research. SSI Staff · December 09, 2015

The DIY Home Automation market is expected to reach $21.3 billion by 2020 at a CAGR of 37.9% between 2015 and 2020, according to a new market research report. An increasing desire of the consumer for convenience connectivity, safety & security and the low cost of DIY systems are the major drivers for the market. SSI Staff · November 23, 2015

A new Parks Associates report finds smart home offerings have helped revitalize the residential security industry, as the number of households with monitored security rose over 15% in the past two calendar years. SSI Staff · November 23, 2015

The smart home hub enhances security and lifestyle for Stone Martin Builders’ home buyers. SSI Staff · November 17, 2015

Samsung Techwin America, a video surveillance technology company, announced on Monday the appointment of Richard Simone as the company's vice president of sales and marketing. He will be responsible for driving the company's growth in the consumer video monitoring and security industry. SSI Staff · November 16, 2015




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