This product is part of the Smart Home and Security Market Tracker service. Contact Parks Associates for info on subscribing to this service.
Smart Home and Security Tracker 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.
Market Trends & Competitor News – The monthly report covers announcements from major industry players and highlights the potential impact it will have on the market.
The Smart Home and Security Market Tracker helps companies stay informed with Market Sizing and Quarterly Updates focused on the smart home market.
Smart Home Services: Safety, Prevention, Comfort
Increased Spending on Home Services
High Interest in HVAC and Fire Monitoring
The Growing Choice: Smart Home Service Providers
Industry News & Competitor Moves
Smart Home
Aqara Introduces Camera Hub G5 Pro
Amazon Releases Alexa+
IKEA's Smart Lights Is Now Controllable via Apple Watch
Apple’s Website References Home Robots
Kwikset Introduces HomeConnect 918 and 620 Z-Wave Long Range Smart Locks
Roborock Launches Saros 10 and 10R: AI-Enhanced Robot Cleaners
Nanoleaf Permanently Reduces Prices on Signature LED Light Panels
Govee Launches Matter-Compatible BR30 E26 Smart LED Colored Light Bulb
Parks Perspectives: Alexa+ Emerges as Home Manager, for a Fee
Home Security Market
Alarm.com Acquires CHeKT to Enhance Video Monitoring Solutions
Rapid Response Monitoring and KEYTH® Security Collaborate with Ubiety Technologies
Reolink Introduces Accessible Wireless Security Camera Systems
Alfred International Integrates Smart Locks with URC's Total Control System
Parks Perspectives: Security Devices Expanding into Smart Home Hubs
Home Energy Management
Savant Showcases Latest Smart Home Solutions at IBS 2025
Lennox Introduces Ultra-Efficient Cold Climate Heat Pump
Nice Launches Linear 621 Garage Door Opener
Crestron Adds Energy Management to Home OS 4.4
ABB and Samsung Collaborate on User-Friendly Energy Management Platform
TELUS Launches SmartEnergy to Help Canadians Manage Home Energy Use
FREYR Cancels Plans for $2.6 Billion Battery Factory in Georgia
Parks Perspectives: Consumers Show Interest in Smart Energy Solutions
AI, Networking, & Standards
Z-Wave Alliance Announces 2024B Spec Updates
SwitchBot Air Purifiers Receive Firmware Update
iOS 18.4 Developer Beta Introduces Matter Support for Robot Vacuums
Humane Shuts Down AI Pin and Sells Assets to HP
Tuya Smart and Google Home Achieve Full API Integration
Parks Perspectives: Smart Home Interoperability Inching Closer to Mass Adoption
M&A, Funding, Partnerships, and Business Models
Blackstone Acquires AI Fire from TruArc Partners for $1.1 Billion
Frontdoor and Moen Expand Partnership to Prevent Water Damage Across 14 States
Level Home and Baldwin Partner to Integrate Smart Technology into Luxury Hardware
Ayla Networks Expands Global Operations
Parks Perspectives: Smart Home Tech and Insurance: Reducing Risk
Key Takeaways
Strategic Outlook
Published by Parks Associates
© 2025 Parks Associates
All rights reserved. No part of this document may be reproduced, in any form or by any means, without permission in writing from the publisher. Printed in the United States of America.
Disclaimer: Parks Associates has made every reasonable effort to ensure that all information in this document is correct. We assume no responsibility for any inadvertent errors.