A new survey reveals what consumers use their smart home security systems for, as well as what new tech has them worried.
State capitals and major cities have been a sustainable growth engine for the rapid development of the city surveillance market in recent years, according to IHS Markit.
Along with forecasting IGA advances, IHS Markit provides five access management growth factors that are expected to fuel market expansion during the next five years.
According to new data from Parks Associates, half of U.S. households would pay $5/month for subsidized smart thermostat installation with an ongoing service program.
The security and surveillance segment is anticipated to dominate the application category of the global smart home devices market.
Institutional building construction continues to feed off the massive number of state and local bonds issued for schools and other institutional buildings over the past few election cycles.
Despite tepid sales, security manufacturers are looking to apply new security technologies to improve school safety, which could help reignite market growth.
A newly released three-part survey highlights consumer technology dependence, the growth of the connected home and smart home security concerns.
Security dealers have the opportunity to leverage innovation coming from product manufacturers, but this requires the industry to expand beyond the architecture and supplier base for security control panels.
Emerging trends, which have a direct impact on the dynamics of the video surveillance industry, include advanced 360° camera technology.