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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

Report: U.S. Households Will Buy More Than 10 Million Smart Home Controllers in 2021

Virtual reality headsets only owned by 8% of U.S. broadband users

Self-Driving Cars Could Be $20 Billion Boon to Hollywood

Digital Publishers Lost $41.4 Bn Due To Ad Blocking: Study

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