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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

Research: 45% of US internet homes watch FAST services

More Cameras, Fewer Fears as Survey Reveals the New Face of Home Security

Smart Home DIY: Nearly a Third of Homeowners Report Turning to Pros after First Attempts

Survey: 8% of those purchasing a smart speaker in the past six months chose Apple’s HomePod

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