This report was authored by Jennifer Kent and Tam Williams from Parks Associates and published in 2021.  The home security market grew about 10% in 2021 to reach 33% of households with broadband services (compared to 19% in 2016).  56% of new installations were self-installed.  Most consumers want a unified application (app) experience as they add devices.   Consumers have more choices of contracts, installation, and service at lower prices.  Broadband service providers are adding home security to complement network security offerings.  Some offerings are for monitoring security and other devices chosen by the customer.  The market leaders among purchasers are parents and those forming new households.

Keywords: Access Controls, Artificial Intelligence (AI), Connected Home, Control & Monitoring Equipment/Sensors, Fire/Life Safety,