Self-Installed Home Security Systems a Growing Market, Says Parks Associates

Self-install home security devices and hybrid professional monitoring systems for them are emerging as a key trend within the security market in 2016, said Parks Associates Wednesday. Wireless home security sales are on the rise with nearly half of U.S. home security owners having a system that connects wirelessly to sensors. Additional findings: Some 80 percent of U.S. security dealers install smart home devices as part of their services, and a quarter of security replacements or upgrades include at least one smart home device, such as smart thermostats, networked video cameras or smart lighting devices. Nearly 75 percent of security dealers offer interactivity with devices through smartphones, tablets, and computers, said Parks, and 44 percent of networked security camera owners access or control their device remotely almost daily. Among U.S. broadband households with professional security monitoring, 32 percent own a networked security camera, said Parks. Dealer revenue from smart home services averages $14 a month, it said.