Only about 22 percent of U.S. homeowners have a professionally monitored home-security system, and most of those have been installed by the companies, said Parks Associates senior analyst Brad Russell. ADT has about a quarter of that market, leading competitors Vivint, Comcast’s Xfinity Home and Moni.
The overall market has remained flat for several years, but should generate $15 billion in revenue this year, Russell said.
From the article "Samsung, ADT team up on home security kit, competing with Nest" by Benny Evangelista.
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However, access for consumers likely is years away, according to Brett L. Sappington, senior director of research at Parks Associates, a market research and consulting company in Addison, Texas. "T...
