Growth is being driven by the increasing prevalence of smart technology devices and building automation systems, providing systems integrators with opportunities in both commercial and residential markets.
The U.S. Senate has passed the U.S. Innovation and Competition Act (S. 1260), which significantly increases investment in research and development, education and training, supply chain security and the broader U.S. innovation ecosystem.
New research from Parks Associates finds one-third of smart device owners in US broadband households have increased usage of their devices during the COVID-19 pandemic, including 46 percent of smart door lock owners.
The report also found that 25 percent of dealers report providing fee deferments or relief to customers during COVID-19, professionally installed systems have declined by nearly 25 percent since 2017 and the sales of DIY systems have increased by nearly 60 percent since 2017.
New research from Parks Associates finds 60 percent of U.S. broadband households feel “safe enough” with a professionally monitored home security system