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.
The addition of multiroom functionality for the HomePod advances Apple's strategy for the product, said Dina Abdelrazik, research analyst at Parks Associates. "Its market entry approach was to intr...
Smart speakers are becoming a more common platform for controlling connected entertainment due to a rapid increase in popularity and ease of use. Household penetration of smart speakers is expected to...
Another reason e-sports has strong growth potential is that, unlike many other sports, whose fans may only be spectators, e-sports attracts video gamers, many of whom could become e-sports competitors...
However, access for consumers likely is years away, according to Brett L. Sappington, senior director of research at Parks Associates, a market research and consulting company in Addison, Texas. "T...
