ADT’s DIY Play for LifeShield: Why Analysts Are Bullish on the Deal
Although the acquisition is not expected to move the revenue needle in the short term, industry insiders say ADT is wise to broaden its DIY portfolio.
Although the acquisition is not expected to move the revenue needle in the short term, industry insiders say ADT is wise to broaden its DIY portfolio.
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.
Though residential growth is adequate, it is not as robust as industry players would hope due to the increased popularity of DIY security systems.
The 2018 Residential Security Dealer Survey shows security pros face sharing smart home market spoils with wholesale monitoring providers, DIY and other competitors.
Cybersecurity services, video verification and PERS are a clear path to generating incremental RMR, a new report by Parks Associates finds.
Understanding smart home product purchase patterns can help security dealers incorporate additional products and services, increasing revenue opportunities.
A Parks Associates study reveals unresolved technical problems with smart home devices have gone up 240% in the past three years.
Smart plugs, which can be controlled by an app, allows users to turn on and off appliances that plug into a standard wall socket.
Parks Associates notes voice integration and the development of AI as it relates to image and sound recognition will drive the next generation of IP cameras.
The home security and smart home spaces are well-positioned to include services that support independent living and caregiving for the aging generations.