Smart Home Devices in the MDU Market: Connectivity, New Partnerships & Proptech Solutions
Consumers have a growing expectation for smart home technology and these new devices help differentiate with modern lifestyle marketing and practical benefits.
Consumers have a growing expectation for smart home technology and these new devices help differentiate with modern lifestyle marketing and practical benefits.
As the adoption of connected devices rises, manufacturers and integrators have a tremendous opportunity to capitalize on consumers’ desires for peace of mind, comfort and convenience.
DIY providers such as Ring and SimpliSafe made security systems more accessible to certain market segments, while also pressuring professional companies to launch DIY solutions of their own.
The research from Parks Associates also found that 62% of security owners report their system triggered at least one false alarm in the past 12 months.
Parks Associates has found that households are experimenting with different offers from security providers and standalone devices, ultimately expanding adoption.
New research from Parks Associates and Xfinity Home reveals the impact DIY products and the pandemic have had on consumer needs.
The ability to attract and retain residents are among the leading benefits prompting smart home device adoption by property managers.
Home security systems installers are experiencing a post-pandemic push, but like COVID-19 itself the recovery remains ongoing. SSI’s 2021 Home Automation Deep Dive also shows companies expanding their offerings while dealing with the encroachment of DIY competition.
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.
This session will help integrators better understand the needs and market demands of their retail customers.
Take a closer look at all the recurring monthly revenue trends from our 2021 research
