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2 Surprising Stocks to Buy and Hold Until 2030

Americans view security as one of the top benefits of smart home technology, ahead of options such as energy/resource management, or indoor convenience/entertainment. Alarm.com aims to give consumers something better than a traditional security service, controllable only from home-based devices with limited capabilities. Instead, it offers users mobile-app access to their smart home security systems. According to Parks Associates, the smart home security market is projected to double from 8 million homes in 2016 to 16 million homes in 2021.

From the article "2 Surprising Stocks to Buy and Hold Until 2030" by Daniel Miller.

Previously In The News

The Smart Money: Residential Security System Sales Sluggish

After a spike in purchases of safety, security, and technology products during the pandemic, the latest Parks Associates research indicates security system adoption has stabilized at roughly 32% of U....

US survey explores service attach rate in smart home devices

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32% of US households subscribe to a paid security service

Parks Associates Smart Home and Security Tracker shows that 42% of all US households with internet own some kind of security solution, either via a security system, or via a smart camera or video door...