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IP-Based Home Monitoring Service Set to Boom in U.S.

August 03, 2011

More and more American households may subscribe to digital home-monitoring service in the coming years as the evolution of broadband technology has made this sort of service affordable and appealing, says a research report from consultancy firm Parks Associates.

"With the popularity of smartphones, tablets, and other Web-enabled devices, consumers are carrying a link to their home systems," said Bill Ablondi, director, home systems research, Parks Associates. "Widespread availability of broadband is also disrupting the traditional business model of security companies and introducing new competition from service providers, who are leveraging their networks to create new services and expand ARPU. These Internet-connected security systems are bringing new customers into what was a relatively stagnant consumer base.”

From the article, "IP-Based Home Monitoring Service Set to Boom in U.S." by Narayan Bhat

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