3 in 4 Resi Security Installs Included Smart Home Controls in 2017, Report Says
Smart home market insights will be explored during the annual CONNECTIONS conference, hosted by Parks Associates, May 22-24 in San Francisco.
DALLAS — Indicating the continued adoption of smart home products, Parks Associates’ Home Security: Channel Insights reports 75% of home security installations in 2017 included smart control features.
In addition, 90% of U.S. security dealers now offer at least basic interactive services with their systems, 36% report security systems sales with a networked camera and 16% report sales with a smart thermostat.
These and other market insights will be explored during CONNECTIONS: The Premier Connected Home Conference, hosted by Parks Associates, May 22-24 in San Francisco. Analysts and subject matter experts from across the home automation space will discuss the safety and security value propositions that promote smart home adoption and their impact on security sales channels.
“Security dealers continue to explore innovations to increase the consumer adoption of their offerings,” says Dina Abdelrazik, research analyst, Parks Associates. “Currently only 5% of dealers report including smart speakers with their security system sales, but the popularity of these devices means we will start to see more voice control options in security installations.”
For example, Abdelrazik continues, national security providers such as ADT and Brinks Home Security (formerly MONI) have enabled Alexa skills and with certain security functionalities to be accessible via voice commands through popular voice assistants.
On May 23, Abdelrazik will moderate the session “Home Security: The Expanding Market.” The featured panelists:
- Lewis Brown, CEO, MiOS
- Mike Hackett, co-founder and senior vice president, Qolsys
- Jim Poder, vice president, product management, residential systems, Nortek Security & Control
- Russell Vail, executive vice president, market development, Alula
- Matt Wolf, head, partnerships, SimpliSafe
CONNECTIONS will host more than 650 high-level executives in an intimate networking environment. The event includes a mix of market research, analysis and industry insight designed to capture the complexity and opportunities in these interconnected markets, according to Parks Associates.
For additional event information, go here.
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