Smart Home Products: Impact on the Home Security Industry
Understanding smart home product purchase patterns can help security dealers incorporate additional products and services, increasing revenue opportunities.
Understanding smart home product purchase patterns can help security dealers incorporate additional products and services, increasing revenue opportunities.
The home security and smart home spaces are well-positioned to include services that support independent living and caregiving for the aging generations.
As consumers become more accustomed to the affordability and flexibility of DIY security systems, now may be a good time to review your strategy.
While the home security industry has long been dominated by traditional security provider giants, DIY products and the ability to monitor security-related smart home devices are undercutting large security provider’s business models.
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.
Stay in the know on the DIY front. Get the lowdown on smart home security and automation systems from Nest, Ring, ADT 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
