Looking Forward to 2021: How COVID-19 Will Reshape Home Security
With COVID-19 still affecting the way most Americans live, work, play and go to school, the security industry is faced with a variety of opportunities and challenges.
With COVID-19 still affecting the way most Americans live, work, play and go to school, the security industry is faced with a variety of opportunities and challenges.
Smart home devices and services are benefitting from the tailwinds of consumer concern for health and safety, increased time at home, and desires for comfort, convenience and time for upgrade projects.
Staving off erosion in the pro security areas will require aggressive differentiation strategies to prove the value of professional monitoring over self-monitoring.
Security dealers no longer compete with just each other, but now must also fend off retail giants and multi-service operators.
Parks Associates explains the benefits that will be realized in full once there is an alignment of AI-enabled hardware, system software and intelligent call center services.
Consumer expectations regarding the standard features of security solutions are shifting. Leverage this opportunity to attract new customers, as well as prevent loss of current subscribers.
Features like video verification and video analytics are creating new opportunities to expand use cases and adoption of home security systems.
Analysts and IoT executives addressed the connected health market, DIY solutions, new techologies and more at CONNECTIONS 2019.
There is a growing opportunity open for security integrators to address the support needs of connected consumers and their smart home devices.
Though not always RMR-friendly, smart home products can deliver peace-of-mind through connectivity, and in turn help the security industry expand and attract new consumers.