Register

I agree with the Privacy Policy

The Wall Street Journal

Comcast Expands In Home Security In Hopes Of New Growth

June 08, 2011

Bill Ablondi, analyst with market research firm Parks Associates, said the market for professionally monitored security and home management services in the U.S. could grow from roughly $9.5 billion this year to more than $12 billion in 2015, and broadband providers that are poised to enter the business could grab about a fifth of the market by then.

Ablondi said the home security is a fragmented business with a wide variety of local players, and a large company like Comcast--with its marketing heft, vast resources and 22.8 million video customers at the end of the first quarter--could be a formidable competitive threat to incumbents.

"Internet technology has disrupted a number of business models, and it's heading for the home security business in a big way," Ablondi said. "A lot of the incumbents have good business models with nice recurring cash flows and handsome profit margins, so they may be slow to invest aggressively in the new technologies that are coming."

From the article, "Comcast Expands In Home Security In Hopes Of New Growth" by Nat Worden

Previously In The News

Camcorder, Meet TV: The High-Def Hookup

Despite such complications, high-definition technology is becoming more prevalent. The percentage of U.S. households with a high-definition TV is expected to increase to 41% this year from 30% in 20...

Sony to Challenge Apple In TV, Movie Downloads - CEO Stringer Sees Video As Key to Reclaiming Title as No. 1 Innovator

As Internet connections have become faster, analysts have expected the next big potential market to be in downloading movies and television shows. Some analysts believe it could be significantly lar...

Beaming up your home may soon be routine

The market for home-monitoring systems is expected to grow from $91 million in 2007 to $400 million in 2012, according to Parks Associates, a Dallas research firm. From the article "Beaming up yo...

Try Online Options to Back Up PC Files

Online storage options have existed for years but have been relatively expensive and tricky for consumers to figure out. While nearly two-thirds of Internet users in the U.S. say they back up their...

‹
1
2
...
6
7
8
9
10
11
12
13
14
15
›