Innovative companies are driving new revenue by extending professional monitoring services beyond residential security to new use cases in the connected home. These include monitoring of loss prevention devices, personal emergency response systems (PERS), appliances, energy management, asset tracking services, and indoor air quality, among others This research profiles innovative central monitoring stations that drive the market, identifies consumer preferences and willingness to pay for monitoring services, and describes the value propositions for monitoring a variety of smart products within the connected home.
Bottom Line
Building on Recognized Value
Types of Monitoring
Monitoring Services Beyond Security & Safety
Energy Usage Monitoring
Device Maintenance Monitoring
PERS
IoT Device and Data Security
Emerging Opportunities for Professional Monitoring
Loss Prevention
Indoor Air Quality
Asset Tracking
Central Monitoring Stations
Acadian Monitoring
ADT Monitoring
Affiliated Monitoring
AvantGuard
COPS Monitoring
Rapid Response Monitoring
Vivint Smart Home
Implications and Recommendation
Total Annual Revenue for Smart Home Services
PERS Technological Innovation & Product Design
US PERS Forecast
Adoption of Consumer Electronics and Connected Health Products
Desired Items for Smart Tag Tracking Service
© April 2020 Parks Associates
All rights reserved. No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher.
Printed in the United States of America.
Disclaimer
Parks Associates has made every reasonable effort to ensure that all information in this report is correct. We assume no responsibility for any inadvertent errors.
