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

Global LTE subscribers to top 50 mln this year: report

Global subscription to the fourth-generation long-term evolution (LTE) network is likely to surge more than five-fold to reach some 50 million this year from last year's 9 million, a report showed...

Apple challenges Google's dominance in smartphones as iPhone 5 nears release

As Apple prepares to release its new iPhone model, new research from Parks Associates shows the iPhone leads its rivals in customer satisfaction, with 75% of its owners "very satisfied" with their...

iPhone to Put New Networks to Test

Similarly, Verizon offers broad coverage in the San Francisco Bay area, southern coastal region stretching from Los Angeles to San Diego, and the Central Valley. But there are Bay Area holes, inclu...

Buying Gadgets - No Gender Issue

Now back to the subject of women buying more tech products than men. According to a report from Parks Associates, more women than men are downloading movies and music, women do the majority of game...

‹
1
2
...
15
16
17
18
19
20
21
...
32
33
›