Register

I agree with the Privacy Policy

Yahoo! Finance & News

Alarm.com IPO shows possibilities for profit in smart home services

May 26, 2015

While 1 in 5 broadband-connected U.S. households pay for some kind of professionally-monitored home security systems, fewer than 1 in 12 have installed so-called smart home gear, according to a survey by Parks Associates that was cited in the Alarm.com filing. The smart home security and automation market is projected to grow 21% annually, hitting $15 billion worldwide in 2018, according to Juniper Research.

Of course, not all rosy projections come true. Smart home technology is still fairly new, and many consumers are concerned about the privacy and security implications of installing smart home devices. And the warring software standards may persuade many potential buyers to wait for a consensus winner to emerge.

From the article "Alarm.com IPO shows possibilities for profit in smart home services" by Aaron Pressman.

Previously In The News

International Research Firm Parks Associates Launches New Website for Consumer Technology Industry Analysis and Events

Parks Associates, the leading international research firm for consumer-oriented connected home and cloud media solutions, today announced a new design for the company website www.parksassociates.co...

Parks Associates to Lead Session on Branding, Conversational Marketing, Content Sponsorship at Digital Hollywood

Laura Allen Phillips, Research Analyst, Parks Associates, will moderate the session “Social Media, Brands and Target Markets: Capturing and Transforming Millions of Users in Communities and Convers...

Parks Associates to Speak at 2011 Broadband Properties Summit

Parks Associates’ President and Research Directors will participate on Telehealth, Energy Management, and Home Networking panels at the 2011 Broadband Properties Summit on April 27-28 in Dallas....

Parks Associates to Present New Research on Products and Services for the Connected Consumer

Analysts from international research firm Parks Associates will address key consumer and technology trends and present research during a special Analyst Roundtable at CONNECTIONS™: The Digital Livi...

‹
1
2
...
7
8
9
10
11
12
13
...
32
33
›