Study: Wireless Home Security Systems on the Rise

The Parks Associates research report also shows that almost 50% of smart home devices in the U.S. are self-installed.

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Parks Associates released a study on Wednesday that found almost half of home security owners in the United States have a security system that connects wirelessly to sensors.

In addition, nearly 50 percent of smart home devices in the U.S. are self-installed, according to Brad Russell, a research analyst at Parks Associates.

“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,” says Russell. “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 of the study:

  • 80 percent of U.S. security dealers currently install smart home devices as part of their services.
  • About 25 percent of security replacements or upgrades include at least one smart home device, such as smart thermostats, networked video cameras or smart lighting devices.
  • Nearly three-quarters of security dealers offer interactivity with devices through smartphones, tablets and computers.
  • Dealer revenues for smart home services are around $14 per month.
  • 44 percent 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 percent also own a networked security camera.

View the full research report.