About half of nearly 200 surveyed residential security dealer respondents anticipate revenue growth of at least 10% in 2019 as compared to the prior year. That is according to Security Sales & Integration’s Home Automation Deep Dive, which is based on the publication’s sixth year of partnering with Parks Associates on research to define the residential security market.
The latest study offers evidence of a continuing strong market, but also ongoing industry challenges. Given margin of error, the expectations noted above parallel the revenue growth percentage dealers reported for 2018 over 2017.
From the article "Home Automation Deep Dive: New Findings on Pricing, DIY, Market Challenges & More" by Tricia Parks and Dina Abdelrazik.
Nearly 20% of U.S. broadband households own a smart home device, or a household object that connects to the Internet, and nearly 45% of U.S. broadband households plan to buy a smart home device in the...
The existing Prime Music has long been a dark horse in the music-streaming market. In March, research firm Parks Associates claimed it was the most popular paid music subscription service among US bro...
“Consumers don’t necessarily see a need to decide between Netflix and the new, high profile services, particularly since many of the new services are priced under $8 per month,” Parks Associates analy...
More people are buying smart home devices, and connecting them through platforms or systems like smart speakers and hubs. So says a new report from Parks Associates which found that 35 percent of smar...
