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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