Until recently interactive services may have seemed like a novelty or a fad, but that is all changing, as the market trends toward remote services and interaction.
What is really driving this boom is the way these products and networks are starting to play together, allowing people to add what they want with whatever system they already have and control everything with one app.
Technology changes, major shifts in the market and evolving customer expectations bring a wealth of opportunity the commercial and residential security markets.
A research report published by Persistence Market Research states that the global market is likely to account for a market valuation of more than $29.8 billion through 2025 end.
Amazon has agreed to purchase video doorbell manufacturer Ring for $1 billion, according to Reuters, leading some to believe the online retail giant is poised to enter home security, if not also more easily enter homes to deliver packages.
MONI Smart Security, a subsidiary of Ascent Capital Group Inc., announced an exclusive, long-term, trademark licensing agreement with The Brink’s Company, which will result in a complete rebranding of MONI and LiveWatch as BRINKS Home Security.
CEDIA has announced that the 2018 CEDIA Awards program is now open and accepting entries for both the home technology professional awards and the manufacturer awards.