Residential Security Tracker highlights existent scenery of residential information market, including caller trends and merchandise announcements
, /PRNewswire/ -- Parks Associates' astir caller update of its Residential Security Tracker assesses the residential information market, offering insights connected information players' enlargement into the MDU marketplace and the latest trends and manufacture news. Consumer probe featured successful the Residential Security Tracker reveals that successful Q2 2022, astir 40% of US net households reported owning immoderate information solution, specified arsenic a location information system, networked cameras, oregon a video doorbell. Seven percent of US net households, astir 7 cardinal households, ain a web camera oregon video doorbell but nary information system.
"Together, these astute location products adhd to the marketplace for information solutions, arsenic millions of households find a camera solution is 'safe enough' for their needs," said Jennifer Kent, Vice President, Research, Parks Associates. "The existent marketplace for residential information solutions is simply a premix of devices, systems, installation methods, and attached services that connection consumers much prime than ever before."
In the firm's July 2022 survey, Parks Associates expanded its explanation of location information services to amended seizure fee-based self-monitoring and video retention services. Thirty-one percent of net households reported owning a information system, and 18% of US net households reported subscribing to a nonrecreational monitoring service.
"Parks Associates probe captures substantially much fee-based self-monitored households than anterior survey findings and is successful enactment with our existent presumption of the market," Kent said. "Installation trends proceed to clasp wherever self-installed systems and pro-installed systems relationship for a akin information of the market."
Security solutions person enjoyed precocious demand, adjacent nether the economical uncertainty of the pandemic, but it's unclear if maturation volition proceed with higher pricing and tighter user wallets. After a spike successful DIY installation during COVID-19 shutdowns, nonrecreational installation rebounded to its existent rate. However, terms hikes for information monitoring whitethorn interaction adoption rates passim the remainder of 2022 oregon displacement marketplace stock to little costly competitors.
To docket an interrogation with an expert oregon petition circumstantial probe data, delight interaction Rosey Sera astatine [email protected], 972.996.0233.
About Parks Associates
Parks Associates, a woman-owned and woman-led internationally recognized marketplace probe and consulting company, specializes successful emerging exertion solutions serving the user and small-to-medium concern (SMB) markets. For implicit 35 years, Parks Associates has partnered with companies navigating the changing user exertion landscapes done data-driven marketplace insights, extended user and manufacture intelligence, customized selling services, and enforcement networking experiences and conferences.
The company's expertise includes astute home, power systems and security, location automation, integer media and platforms, amusement and gaming, location networks, net and video services, connected wellness and autarkic surviving solutions, mobile applications and services, enactment services, user electronics, and vigor absorption solutions. http://www.parksassociates.com
Contact:
Rosimely Sera
Parks Associates
972.996.0233
[email protected]
SOURCE Parks Associates
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