Friday, January 29, 2016
Residential Security Market Growth Driven by Smart Home Technologies and the IoT
Smart home features are helping security dealers increase monthly revenues and also attract new customers. According to research from Parks Associates, 70% of U.S. security dealers currently install or plan to install some type of interactive smart home device or system within their residential offerings in the next 12 months. Additionally, nearly three-quarters of security dealers offer interactivity with their devices, which can be controlled through smartphones, tablets, and computers.
The firm’s Security Dealer Survey: Emerging Trends in Security Systems Sales and Services analyzes a variety of trends relevant to security dealers, including top challenges in the business environment, intended product offerings, and factors related to interactive services. The research contains recommendations as well as a detailed section of firmographics, including systems installed, monitoring affiliations, revenues, revenue expectations, and sales breakdowns by market.
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