"Our data said the monitored security market grew at approximately a rate of 15 percent in 2014," says Tom Kerber, director of research, home controls & energy for Parks Associates. "That is very strong for an industry that had been relatively consistent. Much of that was the addition of interactive controls. Our consumer data shows that when you add home controls and interactive services to a basic security system, the appeal increases by as much as two-fold. In fact, we had predicted that the market would grow by about 50 percent over the next 10 years, but we have had to revise that forecast up to probably more like in the next five years."
From the press release "Sigma Designs Announces Break-Through Z-Wave® UL Component Recognition" by www.hometoys.com
The interactive panel session, moderated by Parks Associates Research Analyst Brad Russell, examines trends in personalization, including privacy and security concerns and strategies to balance connec...
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The insights, initially published today in an infographic entitled, “A Smart Home Divided,” come from a Support.com survey of more than 3,000 U.S. consumers in November 2015. The infographic is availa...
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