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The Smart Money: The Evolution of Smart Locks in Smart Homes

December 17, 2024

home automation

SecurityInfoWatch.com

Parks Associates estimates $13 billion in annual revenues for professional monitoring of residential security systems and video devices by 2025. Going forward, we project the strongest growth for professional monitoring of stand-alone devices like video doorbells and cameras. Service subscriptions also strengthen the relationship between the device manufacturer and the consumer.

From the article, "The Smart Money: The Evolution of Smart Locks in Smart Homes" by Jennifer Kent

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"User experience defines the operator's video services for consumers," said Brett Sappington, senior director of research at Parks Associates in a statement. "Every pay-TV service and streaming video...

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