This Smart Solutions eBook was authored by Jennifer Kent at Parks Associates in partnership with SmartRent and published on May 23, 2022. The MDU market is unique for its multiple stakeholders, bulk deployments, and multiple locations for installations. End-user residents, MDU property managers, and building owners benefit directly from proptech. Other ecosystem players are also in a position to capitalize on new demand and value, including smart home solution vendors, ISPs, insurance agencies, security providers, and installers. This whitepaper addresses how connected devices benefit multifamily owners and property managers, from improving business efficiency to driving additional revenues, as well as opportunities in the emerging MDU market for product vendors and service operators. The research includes a snapshot of the current market for smart home solutions in MDUs and key considerations for both vendors and MDU owners and managers
Keywords: Access Controls, CCTV, Connected Home, Consumer Electronics, Cybersecurity/Privacy, Energy Efficiency/Management, Fire/Life Safety, Healthy Buildings, Home Assistants, Home Networking, Home Theater, HVAC & Indoor Air Quality (IAQ), Intelligent Building, Internet of Things (IoT), Lighting Systems/Controls, Market Sizing, Water Management, MDU, Smart Camera, Parking