"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
To learn more about the security risks operators face in collecting, storing and analyzing data, download the latest white paper from Parks Associates, 'Securing the Integrity of Video Analytics Data....
According to Parks Associates, the fitness tracker industry is set to almost triple from one valued at $2 billion in 2014, to $5.4 billion by 2019. For more information, consumers and licensing partne...
Parks Associates' Tom Kerber says that Unilectric offers a "highly differentiated solution" that is a "key component for smart home and energy management which addresses key value propositions for Con...
The first product – unveiled today – is a patented breakthrough DIY home intelligence device and platform that delivers accurate, real-time power usage and diagnostic information for each appliance –...
