The Smart Home & Security Stories Shaping the Market

Parks Associates Smart Home and Security Tracker provides monthly and quarterly updates. Check out the recent summary of smart home and security news from May.

  1. Artificial Intelligence and Intelligent Experiences

AI capabilities continue expanding across consumer devices, smart home platforms, appliances, and digital services, making intelligence a core competitive differentiator.

  • Google / Samsung – Introduced Gemini-powered intelligent eyewear supporting navigation, notifications, translation, and photo capture
  • Amazon – Extended Alexa+ to Bose speakers and launched Alexa for Shopping with AI-powered product comparisons and purchase automation
  • Samsung – Added Gemini-powered food recognition, personalized widgets, and conversational Bixby capabilities to existing Bespoke AI refrigerators
  1. Security and Smart Home Platforms

Security providers are expanding AI capabilities, flexible deployment models, and integrated platform experiences.

  • ADT – Introduced a self-installed security system with optional professional monitoring and no long-term contracts
  • eufy – Announced the Edge Agent platform, delivering local AI-powered security processing without monthly subscription fees
  • Blink – Added AI-generated motion event descriptions to new video doorbells through a premium subscription service
  • Ring – Released next-generation 2K security cameras with upgraded video capabilities
  1. Interoperability and Ecosystem Integration

Matter, Aliro, and ecosystem partnerships continue to simplify connectivity and device compatibility.

  • HomeBridge – Released HomeBridge 2.0 with Matter support and compatibility across Google Home, Amazon Alexa, Samsung SmartThings, and Home Assistant
  • Connectivity Standards Alliance / OpenADR – Announced a collaboration to connect smart home devices with utility demand response and energy management programs
  • ULTRALOQ – Achieved Aliro certification and expanded Matter support for smart lock interoperability
  • Homey – Expanded ecosystem integrations through new device partnerships and cross-platform control experiences
  1. Energy Storage & Energy Management

Companies continue advancing residential storage and distributed energy solutions.

  • Bluetti – Launched the Balco 260 and Balco 500 balcony energy storage systems with integrated solar and battery capabilities
  • Mango Power – Introduced the Mango Power S Pro Microinverter platform for modular residential solar deployments
  • Sunrun – Reported continued growth in energy storage deployments, reaching approximately 4.3 GWh of networked storage capacity
  1. Home Management & User Experience

Providers are simplifying home management through centralized controls and proactive experiences.

  • Hint – Launched an AI-powered home management platform combining human expertise and AI-driven guidance
  • Vivint – Added personalized dashboards, insights, and home visualization tools to improve system management
  • Homey – Expanded smart home control to televisions and web interfaces for broader household access
  • ADI / Control4 – Introduced a redesigned T5 touchscreen focused on faster performance and improved in-home control experiences 

This is an excerpt from Smart Home and Security Market Tracker, a research service that provides market intelligence on the competitive US Smart Home and Security landscape by sizing and forecasting the overlapping markets and providing an analysis of key industry trends, market shifts, and player announcements on an ongoing basis.

The monthly report covers announcements from major industry players and highlights the potential impact it will have on the market. 

  • It helps competing brands understand how the actions of different companies may impact their own bottom-line. 
  • It includes insight on the activity of major tech giants in the smart home space, Amazon, Google, Apple, and Samsung
  • It includes insight on the activity of and the major smart security providers and platforms ADT, Alarm.com, Comcast, Brinks, Vivint, SimpliSafe, and others.

Interested in more information? Contact Parks Associates team.   

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