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September 18, 2017
Brad Russell, a senior analyst with the research firm Parks Associates, said only about 7 percent of U.S. homes with broadband Internet service have installed Internet-connected door locks. Devices like connected thermostats and security cameras are more popular.
However, smart locks have become more popular in the past two years because professional home security services like ADT, Comcast Xfinity Home and Vivint are increasingly offering products like August locks, Russell said.
From the article "SF startup introduces a cheaper smart lock, at $149" by Benny Evangelista.
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“All of these companies when they’re launching these DTC services are weighing, what is the brand equity?” said Steve Nason, a research director at Parks Associates who specializes in entertainment co...
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