The market research firm Parks Associates estimates that as many as 16 million North American households will have smart-home security by 2021, compared with 10 million forecast for traditional security platforms. As security gets smarter, analysts also see a greater opportunity for Alarm.com to take share in small to medium-sized businesses, vacation homes and medical monitoring — and eventually in overseas markets.
From the article "This Company Wants To Secure Your Home With Phones And Drones" by Bill Peters.
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Subscription Fatigue Growing as Churn Rate Hits 47%; Price Considerations Most Common Reason The numbers from Civic Science are reinforced by new data from Parks Associates, which shows the average...
