DIY Solutions and Pro Monitoring Offerings Blur Market Segments
The home security market continues to grow as more pro providers offer DIY solutions and DIY brands add pro monitoring.
The home security market continues to grow as more pro providers offer DIY solutions and DIY brands add pro monitoring.
Like a standalone smart home, individual residences can be “personalized” and automated with security, lighting, climate control and more.
Video analytics, such as facial recognition, will play a major role in the future as a result of normalizing specialized algorithms in home security systems.
The pandemic has given integrators a prime opportunity to sell smart home solutions to address the newfound needs of homeowners and renters.
Companies that address the growing health and safety needs of consumers are being rewarded, taking share from those that are slower to adapt to this dramatic shift in the market.
Parks Associates says the rise of interactive services and DIY installation have been accelerated by the COVID-19 pandemic, lower prices and new smart home solutions.
Parks Associates says home security systems are a promising path to drive smart home adoption rates among households with children.
Slideshow: key takeaways from Elizabeth Parks’ presentation on emerging monitoring opportunities across multiple technology sectors.
As smart home device use continues to rise, integrators can be relied on to deliver a unified app experience.
Nearly half of smart door lock owners purchased a smart door lock as their first smart home device — a fairly sizable margin over other popular devices.
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