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October 01, 2017
Only about 22 percent of U.S. homeowners have a professionally monitored home-security system, and most of those have been installed by the companies, said Parks Associates senior analyst Brad Russell. ADT has about a quarter of that market, leading competitors Vivint, Comcast’s Xfinity Home and Moni.
The overall market has remained flat for several years, but should generate $15 billion in revenue this year, Russell said.
From the article "Samsung, ADT team up on home security kit, competing with Nest" by Benny Evangelista.
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Entry into the smart speaker market makes sense for a company with smart home aspirations. "As the success of Echo and Google Home took off, everyone expected Apple to follow suit," said Brad Russe...
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