Smart Home Device Included in 42% of New Security System Installs, Says Parks
The research firm reports many smaller security dealers are not embracing interactive services and smart home controls and are losing market share as a result.
The research firm reports many smaller security dealers are not embracing interactive services and smart home controls and are losing market share as a result.
The research firm’s Smart Home Tracker report reveals annual sales revenue for smart door locks will exceed $357 million in 2021.
Parks Associates announced the smart home findings at its 21st Annual CONNECTIONS conference this week in San Francisco.
Smart home device adoption is on the rise, but users are also increasingly concerned about hackers gaining control of connected devices or getting access to personal information.
These findings come from a survey conducted by Coldwell Banker Real Estate LLC and Parks Associates.
The research firm Parks Associates suggests that insurance companies are ‘quickly emerging as a key player in multiple smart home ecosystems.’
Parks Associates published a research report that found retail outlets are the most common place for households to purchase smart home devices.
Parks Associates published a research report showing increasing adoption of smart home devices.
Parks Associates published the research on the most widely used smart home functions.
Parks Associates published the report and will host a webcast with Ayla Networks to discuss the issue.
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
