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State of the Market: Security’s ‘Sixth Sense’ Drives Intrusion & Smart Home

Parks Associates forecasts steady growth for the U.S. smart home device market, which will reach $15 billion in sales revenue by 2029.

According to a whitepaper released by Parks Associates and Vivint, 54% of households with security systems have devices working together, compared to only 35% of households without a security system.

From the article, "State of the Market: Security’s ‘Sixth Sense’ Drives Intrusion & Smart Home" by Brianna Wilson.

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“Getting consumers to interact with Apple in a whole bunch of different ways helps develop that positive relationship early,” said Jennifer Kent, a director of research at Parks Associates, a Dallas r...

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Brad Russell, a senior analyst with the research firm Parks Associates, said only about 7 percent of U.S. homes with broadband Internet service have installed Internet-connected door locks. Device...

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