This whitepaper authored by Amanda Kung from Parks Associates and published June 7, 2021 centers on the factors affecting the steady growth of the adoption of home security systems and professional monitoring services. Key trends include growth in self-installation of newly acquired security systems, strong new-start home sales with higher-than-average adoption of security, a rise in home renovations with more time spent at home, and increased second home sales in vacation areas. The main takeaway is that security dealers need to continue to seek unified solutions, have low support costs, and provide value for the customer.

Keywords: Audio/Video, Connected Home, Consumer Electronics, Cybersecurity/Privacy, Energy Efficiency/Management, Internet of Things (IoT), Post-COVID-19