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

AT&T Mobility President will discuss Influence of Wireless at CONNECTIONS

Parks Associates announced Glenn Lurie, President of Emerging Devices, Resale and Partnerships, AT&T Mobility and Consumer Markets, will deliver the afternoon keynote "New Connections for a Digital...

100+ Industry Executives Speaking on New Business Strategies for Cloud Media at CONNECTIONS

Parks Associates announced the speakers for CONNECTIONS™: The Digital Living Conference & Showcase, including executives from content and service providers and companies in entertainment, mobile co...

A ray of light for Microsoft’s Surface: Consumer interest doubled Nexus tablet interest ahead of holidays

Tablets are a hot category once again this holiday season and as it did in 2011, Apple’s iPad lineup is seen leading the pack this year. According to a survey conducted between October and November...

Will the smartwatch be the key that unlocks connected health?

The market for wearable technology devices is still in its infancy but consumers are already favoring health and fitness applications. New Parks Associates research published Tuesday shows that...

‹
1
2
3
4
5
6
7
8
9
10
...
32
33
›