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In The News

Samsung, ADT team up on home security kit, competing with Nest

Only about 22 percent of U.S. homeowners have a professionally monitored home-security system, and most of those have been installed by the companies, said Parks Associates senior analyst Brad Russell. ADT has about a quarter of that market, leading competitors Vivint, Comcast’s Xfinity Home and Moni.

The overall market has remained flat for several years, but should generate $15 billion in revenue this year, Russell said.

From the article "Samsung, ADT team up on home security kit, competing with Nest" by Benny Evangelista.

Previously In The News

More than 10 million smart home devices will be sold in the U.S. by 2021

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A new frenemy: Apple is going Hollywood. But it’s been a bumpy ride.

Amazon and Roku both have greater distribution in the U.S. than Apple TV. According to a Parks Associates report from last May, Roku has a 37 percent market share in the U.S., followed by Amazon Fire...

DIY smart home security devices twice as attractive than professional services

People are twice more likely to buy individual smart locks, doorbells and security cameras than sign up for a professional home monitoring service. That's the findings of a new report from security re...

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

In January, Jennifer Kent, connected car analyst for Parks Associates, said we may also be nearing connectivity in cars that would support video streaming. She projected it would take three to five ye...

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