In April 2015, Parks Associates revealed “smart home controller penetration was only 7.8 percent of U.S. households in 2014.” Alarm.com believes that this presents a large opportunity to gain market share driven largely by the mass market adoption of connected home solutions as more households look to upgrade. It also believes the same to happen in terms of the opportunity to capitalize on servicing businesses as well.

From the article "Get Connected To Your Home With Alarm.com's IPO" by Charles Enser.

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