Smart Video’s Next Phase: Intelligence, Interoperability, and Services Transform the Category. 4
A Mature, Expanding Market Anchored by Security Needs. 4
AI Moves to the Center of Product Differentiation. 5
The Service Layer Becomes the Economic Engine. 6
Ecosystems and Matter 1.5 Reshape Integration and Control 7
Alert Performance Shapes the User Experience. 7
Cameras anchor product bundles. 8
Industry News & Competitor Moves. 9
Matter 1.5 Expands into Cameras, Closures, and Advanced Energy Management. 9
Parks Perspective: Matter 1.5 Resets the Stakes for Smart Home Monetization. 9
Parks Perspective: The Latest Matter Release Brings Energy Management Closer to “Whole Home” 9
The Connectivity Standards Alliance (CSA) Launches Zigbee 4.0 and Suzi 10
Parks Perspective: Zigbee 4.0 will Reduce Pain Points for Consumers. 10
Meross and SwitchBot Both Launch New Presence Sensors. 10
Parks Perspective: Leveraging mmWave and Thread Reduces Technical Issues Faced by Consumers 11
Shelly Launches Gen 4 Smart Leak Detector. 11
Parks Perspective: Shelly’s New Flood Detector Fulfills a Critical Need for Homeowners. 11
IKEA Launches 21 Matter Compatible Smart Home Devices. 11
Parks Perspective: IKEA Has Advantage for Smart Products at Retail, While Limiting Risk Through Matter 12
Walmart and Google Launch Onn AI Security Cameras Starting at $23. 12
Parks Perspective: Walmart and Google’s Camera Prices Set to Disrupt the Smart Camera Market 12
AT&T and Google Home Launch “Connected Life,” a New Smart Home Security Service. 13
Parks Perspective: AT&T Partnership with Google and Abode Expands ISP Presence in Security. 13
Summary of Market News. 13