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Jonathan Collins

Security industry share of smart home market to be cut in half by 2019, report says

Early mover advantage that security companies now have will give way as telecoms, cablecos gain more market share, ABI Research says
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03/19/2014

NEW YORK—Monitored security companies will stay at the top of the U.S. managed smart home market for the next five years, but their market share will drop more than 50 percent by 2019 as competitors such as telecoms and cablecos leverage their own strengths in the space, predicts a new report from ABI Research.

Sizing up Google’s smart home play

Experts say the security industry should pay attention to the Internet services provider’s multimillion-dollar buy of a maker of intelligent thermostats and smoke alarms; they don't rule out a Google security offering
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01/29/2014

YARMOUTH, Maine—Security companies should take note of Google’s recent expansion into the connected home with its $3.2 billion buy of smart thermostat and smoke alarm maker Nest Labs, industry experts tell Security Systems News.

Lowe’s home automation/home security launch near

The giant retailer’s offering will help grow the mass appeal of such services, a new report says
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05/22/2012

MOOREVILLE, N.C.—Lowe’s, the world’s second-largest home-improvement retailer, is expected to launch its new home automation/home security service soon.