Americans view security as one of the top benefits of smart home technology, ahead of options such as energy/resource management, or indoor convenience/entertainment. Alarm.com aims to give consumers something better than a traditional security service, controllable only from home-based devices with limited capabilities. Instead, it offers users mobile-app access to their smart home security systems. According to Parks Associates, the smart home security market is projected to double from 8 million homes in 2016 to 16 million homes in 2021.
From the article "2 Surprising Stocks to Buy and Hold Until 2030" by Daniel Miller.
Parks Associates is an internationally recognized market research firm specializing in emerging consumer technology products and services. The company’s expertise includes the Internet of Things (IoT)...
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