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The Smart Money: The Evolution of Smart Locks in Smart Homes

December 17, 2024

Parks Associates estimates $13 billion in annual revenues for professional monitoring of residential security systems and video devices by 2025. Going forward, we project the strongest growth for professional monitoring of stand-alone devices like video doorbells and cameras. Service subscriptions also strengthen the relationship between the device manufacturer and the consumer.

From the article, "The Smart Money: The Evolution of Smart Locks in Smart Homes" by Jennifer Kent

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The Smart Money: The Evolution of Smart Locks in Smart Homes

Previously In The News

MDU Property Owners Turn to Cambium Networks for Reliable Wi-Fi That Increases Revenue, Satisfaction, and Retention

New Google Nest Cam, Doorbell appear in stores early

12 Home Security System Myths That Make You Worry (But Aren’t True)

Google Home web app adds unified device controls

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