Demand for security continues to drive interest and adoption of smart home solutions. The close relationship between the two is evidenced in a survey which shows 63% of security system households own a smart home product.
Demand for security continues to drive interest and adoption of smart home solutions. The close relationship between the two is evidenced in a survey which shows 63% of security system households own a smart home product, according to the 2019 Connected Home & Entertainment Trends whitepaper published by Parks Associates.
About 26% of U.S. households have a home security system. And there is still room for growth, driven by increased DIY adoption, expanding distribution channels, innovative financing and enhanced value proposition (through interactive services, home controls and AI), says Parks Associates.
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