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June 09, 2016
A recent study conducted by Parks Associates confirmed the growing popularity of smart devices in the U.S. home security market. The study found that the sale of wireless home security products is on the rise, and about half of U.S. homeowners with a home security system use smart, wireless sensors as part of the system. The study also found that almost 50 percent of these smart-home devices were installed by the owner or the owner's friends/family members. More findings are listed in the press release below.
From the article "Almost 50 Percent Of Smart Home Devices Are Self-Installed, Report Finds" by HomeTheaterReview.com
More than 60% of installing dealers now report that DIY systems are biting into demand for their services, according to the fifth annual Residential Security Market Report (2018) from the research fir...
The rising occurrence of high-profile security hacks and privacy breaches, as well as being personally victimized, are contributing to ever-increasing consumer anxiety about smart home devices and pla...
It's also comparable to the 9% annual churn for Netflix (NASDAQ:NFLX), which tops all streaming services, and much better than the 50% rate for Hulu, according to research from Parks Associates. Aside...
Smart locks contribute enhanced convenience as well as increased security, two of the principal driving factors in any smart device sales. In fact, a recent Parks Associates study found that 45% of sm...
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