“Smart homes” – those equipped with home security systems – are becoming more popular. And almost half of those systems are self-installed, according to new research from Parks Associates.

Nearly half these systems also are wireless, Parks reported Wednesday at the Electronic Security Expo known as ESX.

“The emergence of ‘monitor-it-yourself’ and hybrid professional monitoring options for self-installed devices is a key trend for the smart home in 2016,” said Brad Russell, Research Analyst of Parks Associates, about the report’s findings.

“Almost 50% of smart home devices currently in U.S. broadband households are self-installed, by the owner or by the owner’s friends or family members. These advanced monitoring solutions present an avenue for security companies, service providers, and users to generate more value from these self-installed devices.”

Other findings in the report include:

  • 80% of U.S. security dealers currently install smart home devices as part of their services
  • Some 25% 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%of security dealers offer interactivity with devices through smartphones, tablets, and computers.
  • Dealer revenues for smart home services are around $14 per month.
  • 44% of networked security camera owners access or control their device remotely on a daily or almost daily basis.
  • Among U.S. broadband households with professional security monitoring, 32% also own a networked security camera.

Read more at:

http://www.parksassociates.com