More than 50% of new security system owners self-installed their system

Connections Summit, Parks Associates (logo)

More than 50% of new security system owners self-installed their system

CONNECTIONS™ Summit at CES® examines impact of DIY and smart home on the security industry with executives from Arlo Technologies, Google, Ring, and SimpliSafe

November 7, 2019

New research from Parks Associates reports that 51% of security system owners who acquired their security system in the past 12 months self-installed their system. This is up from only 10% of security system owners who acquired their system six or more years ago, and 88% of self-installers report the setup was easy or very easy for their system.

The international research firm will explore the impact of DIY and smart home solutions on the security market, including strategies to leverage innovations to expand adoption, at the fifteenth annual CONNECTIONS™ Summit: Smart Home Business Models and Strategies on January 7 at CES® 2020 in Las Vegas.

CONNECTIONS™ Summit features multiple sessions examining mass-market business strategies, partnership opportunities, next-gen home services, energy management solutions, and smart home platforms, concluding with a networking reception. CONNECTIONS™ Summit sponsors include Alarm.com, ARM, Cirrent, Inspire, Sprosty Network, Trusource Networks, and MMB Networks.

“New DIY security solutions entering the market are designed from the ground up to be self-installed by the consumer, so they are designed to deliver a smooth, painless experience on installation and setup,” said Dina Abdelrazik, Senior Analyst, Parks Associates. “These solutions seek to appeal to households unmoved by traditional self-installed security systems. Value propositions such as security and peace-of-mind have always appealed to a broad base of consumers, so as DIY products evolve to deliver an easy off-the-shelf experience, security adoption will start to crack the 70% of households that do not have and do not plan to acquire a security system.”

The session “Disruption in Home Security: Smart Home Convergence” features the following speakers:

  • Naveen Chhangani, VP, Product and Services, Arlo Technologies
  • Vera Tzoneva, Head of Assistant Distribution Partnerships, Google
  • Andrew Vloyantes, GM of Installed Solutions, Ring
  • Matt Wolf, Head of Partnerships, SimpliSafe

“Over the past decade of keeping people’s homes and businesses safe, we’ve seen that more and more customers want solutions that fit their lives without compromising on security and privacy protections,” said Matt Wolf, Head of Partnerships, SimpliSafe.

CONNECTIONS™ Summit at CES is a one-day executive summit that focuses on the best business models and value propositions in the Internet of Things (IoT), the smart home, and connected and mobile CE and services. The event includes eight executive sessions and a networking reception on January 7, the opening day of CES.

For more information on Parks Associates research or events, visit www.parksassociates.com, or contact sales@parksassociates.com, 972-490-1113. To schedule an interview with an analyst or to request specific research data, please contact Sherrelle Lewis at Sherrelle.lewis@parksassociates.com.

About CONNECTIONS™ Summit at CES

CONNECTIONS™ Summit at CES is an annual research and industry event hosted by international research firm Parks Associates at CES in Las Vegas. The executive event features one day of panel discussions on the smart home, Internet of Things (IoT), energy services, connected health, and connected entertainment, with trends and implications for connected consumers and opportunities for companies to build new revenues and develop innovative business models. The 14th annual CONNECTIONS™ Summit will take place January 7 during CES, which runs January 7-10 in Las Vegas. Follow the event on Twitter at @CONN_Summit. http//www.connectionssummit.com

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Chinese AI unicorns target smart cities & public security

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Chinese AI unicorns target smart cities & public security | #TpromoCom #AI #Military #Chinese | According to research company, Memoori, in a bid to be at the forefront of the technology, China is pouring billions of dollars into companies that are researching AI technology, with video analytics and IoT platforms for smart cities being two of the prime applications.

Memoori estimates that China accounts for approx. 31% of global physical security revenues and says that it is now the biggest single country market for physical security products having increased its share by almost 50% in the last 7 years.

Video surveillance equipment has been the major contributor here, with the market growing rapidly through a boom in new construction and safe city projects in the public sector. Hundreds of cities in China, large and small, have jumped on the smart cities bandwagon, as advocated by Beijing, and have established budgets to support such initiatives.

To read the remainder of this story, click here.

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Adoption of connected health devices highlights differences in UK and US

Adoption of connected health devices highlights differences in UK and US | #TpromoCom #Heath #ParksAssociates #IoT | The Parks Associates Consumer Analytics team provides quantitative market intelligence that guides strategic business decisions. 

CONSUMER ANALYTICS NEWSLETTER – ISSUE 64

The Parks Associates Consumer Analytics team provides quantitative market intelligence that guides strategic business decisions.

Adoption of connected health devices highlights differences in UK and US

Devices like digital pedometers, fitness trackers, and GPS sports watches are more common in the UK, while large fitness equipment like treadmills, exercise bikes, and ellipticals that have built-in app support are much more common in the US. Larger US home sizes, with more space for in-home fitness equipment, may explain the gap in adoption. Adoption of other connected health devices are similar across markets. One-third of consumers in the UK report owning at least one connected wellness/fitness device while just 15% report owning a connected medical device, like a Wi-Fi weight scale or blood pressure cuff.

Nearly 50% of consumers in UK broadband households report of having a chronic health condition with obesity, high cholesterol, hypertension, and asthma being the leading conditions. About half of the consumers with a chronic condition in the UK are interested in products and services that would help in managing their condition. Those with a chronic condition show a higher propensity to own a connected medical device and are good targets for remote patient monitoring or a health management program.

 For more information on this topic, see Parks Associates’ IoT in the UK: Consumers and Technology Adoption – Wellness, Telehealth and Independent Living. This study identifies adoption of connected health and personal emergency devices among UK consumers. The research also examines top caregiver pain points, and their willingness to pay for independent living solutions.

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Tips to avoid card skimmers at gas stations

Tips to avoid card skimmers at gas stations | #TpromoCom #Skimmer #Fraud #Money | Skimmers on card readers at gas station pumps seem to be becoming more commonplace.

According to the Federal Trade Commission, “skimmers are illegal card readers attached to payment terminals. These card readers grab data off a credit or debit card’s magnetic stripe without your knowledge. Criminals sell the stolen data or use it to buy things online. You won’t know your information has been stolen until you get your statement or an overdraft notice.”

To read the remainder of this article, click here.

Editor’s Note: We’ve featured gas skimming news articles on Security eNews in the past. Here are a list of those articles with links to the pages where they appear on this Website. –Al Colombo

  • Two Nabbed Using Credit Card Skimmer To Steal Bank Info, Shelton Police Say | #TpromoCom #CreditCard #ATM #Bank | Jordy Diggins, 28, of Mount Vernon, and Jahquane Rennix, 19, of Queens, and were arrested by Shelton Police on Wednesday, April 10, following an investigation into complaints from residents that their bank accounts had been comprised, said Shelton Police Det. Richard Bango. (click here)
  • Skimmer found on Broadview Heights ATM; PHOTOS | #TpromoCom #Skimmer #ATM #Bank #Security | Have you ever seen a “skimmer” in place at an ATM? If you said no, don’t feel alone, I haven’t either. In this news article, however, you will find out some ways in which to spot this ploy at stealing your money. In fact, we’re featuring a number of videos below to help assure that you do not become a victim of this kind of crime. (click here)
  • FBI warns drivers about card skimmers at the gas pump | #TpromoCom #FBI#Scam #Fraud #Keypad | The FBI and Secret Service want drivers to pay attention when swiping their cards. A warning has been issued about those card skimmers that can be placed on card readers at the gas pumps. The scam is costing people thousands of dollars. Right now, agents are out working to locate and recover the devices in 21 states and the effort comes at a particularly busy time. (click here)
  • How To Spot And Avoid Card Skimmers At The Gas Pump | #TpromoCom #creditcard #credit #scam | See how to spot credit card skimmers and learn simple steps you can take to avoid becoming a victim. (click here)
Human Investigation Management – ISIO
Human Investigation Management – ISIO. Find out more by clicking!
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Emergency Notification Software Market 2019 : Global size, Share, Trends, Innovations

Emergency Notification Software Market 2019 : Global size, Share, Trends, Innovations | #TpromoCom #Emergency #BadWeather #Explosion | Emergency Notification Software Market Report is a exclusive/rare collection of Market Size, Share, Trends, Constraints and drivers of Key Industry.

Beginning with an examination on the current state of the Emergency Notification Software market, the research clarify the dynamics affecting each segment within it. The report has been established using a unique research methodology specifically designed for this market.

To read the remainder of this news article, click here.


Bringing Mobile Devices Into Emergency Management | #TpromoCom #Emergency #Mobile | When emergencies strike, there’s really no time to plan your next move. By then, the time for planning is past and now you’re forced to second guess your next action.

If you’re in a position of responsibility for the safety and security of visitors, workers, and others within a structure, campus, or some other venue of mass importance, “Bringing Mobile Devices Into Emergency Management” is a must read. To download your copy of “Bringing Mobile Devices Into Emergency Management,” click here.

Human Investigation Management – ISIO
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5 Keys to Improve Your Cybersecurity

Hacker News

5 Keys to Improve Your Cybersecurity | #TpromoCom #CyberSecurity #Internet #Security | Cybersecurity isn’t easy. If there was a product or service you could buy that would just magically solve all of your cybersecurity problems, everyone would buy that thing, and we could all rest easy.

However, that is not the way it works. Technology continues to evolve. Cyber attackers adapt and develop new malicious tools and techniques, and cybersecurity vendors design creative new ways to detect and block those threats. Rinse and repeat.

Cybersecurity isn’t easy, and there is no magic solution, but there are a handful of things you can do that will greatly reduce your exposure to risk and significantly improve your security posture.

Want to know more?

To read the remainder of this informative article, click here.

This is an extremely difficult issue of Guns magazine to come by. The magazine features the .44 Magnum, which is the revolver that Clint Eastwood used in the movie, Dirty Harry.
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The Hotel Hijackers White Paper

The Hotel Hijackers White Paper | #TpromoCom #Hotel #Hacker #CyberSecurity | From booking a room to the payments made at shops and restaurants, hotel chains have complex networks that save enormous amounts of sensitive and private data, just waiting to be compromised.

This makes the hospitality industry one of the main targets for cybercriminal activity.

Download our whitepaper, The Hotel Hijackers, to understand:

  • Why hotel networks became a target of cybercriminals,
  • A history of attacks on the industry
  • How these types of attacks can be avoided

Download Now

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Sales of connected consumer devices to exceed 520 million units by 2022

Sales of connected consumer devices to exceed 520 million units by 2022 | #TpromoCom #IoT #HomeAutomation #SmartHome | New whitepaper sponsored by Calix details opportunities for service providers to build revenues and brand value in the smart home ecosystem.

PRESS RELEASE
May 21, 2019

New whitepaper sponsored by Calix details opportunities for service providers to build revenues and brand value in the smart home ecosystem

Parks Associates today released the new whitepaper Open for Business: Future Flexibility for Smart Home Services, which forecasts sales of connected consumer devices will exceed 520 million units by 2022, including networked cameras, security systems, and connected health devices. The whitepaper, sponsored by Calix, presents the opportunities emerging from this wealth of residential devices and details strategies for service providers to operate in the smart home market in ways that leverage their strengths while avoiding the pitfalls of past efforts.

“A future-flexible platform is a critical component for success in the IoT because smart strategies represent a long-term investment,” said Brad Russell, Research Director, Connected Home, Parks Associates. “While service providers are in an excellent position to deploy, maintain, and service the smart home, they generally do not want to develop and maintain their own proprietary solution to do so. But the market has matured where vendors are offering new turnkey solutions, and the right long-term partnership enables providers to serve the varied present and future use cases.”

“Service providers need to re-position themselves for growth and gain a foothold in the smart home. The innovators are starting with tools that provide visibility into the home and supporting systems so they can deliver best-in-class whole-home Wi-Fi coverage,” said Michael Weening, EVP of field operations for Calix. “Once the foundational brands and systems are in place-such as those rapidly coming to market from tech giants-it will become increasingly difficult for new entrants to gain any traction. The opportunity is now.”

The whitepaper details consumer interest and willingness to pay for connected home services. Additional research from Open for Business: Future Flexibility for Smart Home Services:

• More than half of professionally monitored subscribers have at least basic interactivity with their security system.

• At the end of 2018, 24% of US broadband households subscribed to professional monitoring.

• 10% of US broadband households own at least one networked camera.

• The majority of consumers 50+ years old are willing to pay $30 per month for an independent living system that has their must-have features, such as fire detection, panic buttons, automatic alerts sent to loved ones, and home security devices to deter intruders.

To download this whitepaper, visit https://parksassociates.com/whitepapers/openforbusiness-wp2019. To schedule an interview with an analyst, contact Sherrelle Lewis at sherrelle.lewis@parksassociates.com, 972-996-0214

About Parks Associates

Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company’s expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Smart Energy Summit: Engaging the Consumer, Connected Health Summit: Engaging Consumers and Future of Video: OTT, Pay TV, and Digital Media.

http://www.parksassociates.com
http://www.connectionsconference.com
http://www.connectionseurope.com
http://www.connectionsindustryinsights.com

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