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Being Smarter About Smart Home Alarms

November 23, 2022

home automation

Security Sales & Integration

But by the end of the 20th century that market growth leveled off and stagnated. Fast-forward to the past 10 years, with heightened acceleration the past three to five, and (according to Parks Associates) the residential system market penetration has soared to 36% of U.S. homes.

From the article, "Being Smarter About Smart Home Alarms" by Scott Goldfine.

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“I would say what they’re doing is quite advanced,” said Elizabeth Parks, president of market research firm Parks Associates. She said it’s one of many efforts by home security companies to embed AI t...

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