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Smart Home Devices: Security Spurs Subscription Growth

Daniel Holcomb from Parks Associates puts it straight: security is the bedrock for subscription cash flow. But hold on, AI's here to push further. It's about solving real issues like fortifying homes, cutting costs, and handling tech without a manual the size of a dictionary.

"Dedicated hubs serve smart home power users seeking sophisticated cross-device automation," quotes Holcomb. But for the average Joe, they're more about cheering Alexa on from the sidelines.

Parks Associates is mapping out future conversations with their events lined up: the CONNECTIONS™ Summit at CES in January and another conference in May. The industry will swap ideas and no doubt angle towards new opportunities in this zany puzzle we call the smart home market.

From the article, "Smart Home Devices: Security Spurs Subscription Growth" by Dominic Sanders

Previously In The News

Why the Smart Home Network Has Never Been More Vulnerable

Compared to just a few years ago, home networks today have never been so full of connected devices. Parks Associates research from 2020 found that U.S. broadband households now have an average of 12 c...

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