The State of the Home Security Market 4
Home security: No longer just systems. 4
The demographics determine the security solution. 5
Pro-monitoring is still preferred by consumers. 5
To sell security, sell the smart home. 5
ADT is the home security leader by customer base, along with other national brands. 6
Industry News & Competitor Moves. 7
Smart Home. 7
Homey Releases Pro Mini Smart Home Hub and Customizable Dashboards. 7
LG makes ThinQ API available to developers. 7
EU enacts cybersecurity rules for smart devices. 7
Home Security Market 7
Snap One adds Qolsys and DSC security products to its portfolio. 7
Origin AI and Verisure announce partnership to improve monitored security. 7
AITX's RAD-R introduces package theft prevention in RADCam.. 7
Home Energy Management 8
Athom adds energy management feature for smart homes to the Homey app. 8
Elecq launches smart EV charger on Amazon US. 8
Schneider Electric unveils solutions for AI-driven energy challenges. 8
TELUS partners with Penticton on SmartEnergy program.. 8
AI, Networking, & Standards. 8
Google rolls out Gemini-powered Assistant on Nest smart speakers. 8
Shelly adds SmartThings certifications and releases new devices. 8
Meross launches Matter-compatible smart thermostat. 8
M&A, Funding, Partnerships, and Business Models. 9
Kidde Global Solutions acquired by affiliate of Lone Star Funds. 9
Haier Smart Home completes acquisition of Kwikot. 9
Graham Partners acquires Becklar. 9
Parks Perspectives. 9
Regulation is beginning to catch up with consumer concerns. 9
US consumers want energy insights. 9
Smart safety is a longer term bet for investors 11