Expanding the Value of Smart Access Devices
Both integrators and manufacturers must capitalize on the increased popularity of smart access control products and their integrations.
Both integrators and manufacturers must capitalize on the increased popularity of smart access control products and their integrations.
Parks Associates research shows 43% of U.S. MDU residents report using smart home devices. Here’s why IoT products are in-demand by both residents and property managers.
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.
Parks Associates has found that households are experimenting with different offers from security providers and standalone devices, ultimately expanding adoption.
The ability to attract and retain residents are among the leading benefits prompting smart home device adoption by property managers.
Competition from DIY solutions, low-cost smart home devices, new business models, new partnerships, emerging technologies and new entrants continue to transform residential security.
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
