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

Parks Associates President Stuart Sikes to Moderate "Home Automation: The New Revenue Generator?" at Cable Congress

Stuart Sikes, President, Parks Associates, will moderate the session "Home Automation: The New Revenue Generator?" at Cable Congress on Thursday, March 7, 9:30 a.m. in London. New research from...

Techzilla Launches to Support the Evolving Tech Needs of Today’s Consumers

Additionally, Techzilla offers a customer-centric repair service, allowing consumers to have their devices diagnosed and fixed from the comfort of their homes. Technicians will attempt to resolve t...

Smartphones and tablets driving interactive TV viewing

Enriching the viewing experience with show-related info Now, the latest research from Parks Associates reveals that tablet and smartphone owners are turning to their devices for interactive TV...

M2M: The Next Billion Mobile Connections - Essential Analysis of the Growing Wireless M2M Industry

In this report, Parks Associates analysts examine the growing wireless M2M industry and highlight opportunities in this space for mobile service providers in the U.S. and globally. The report i...

‹
1
2
...
18
19
20
21
22
23
24
...
32
33
›