DIY security systems occupy a larger share of the residential security market due to the growing popularity among security households, according to Parks Associates.
The DIY Home Security Tracker of the research firm finds that, among consumers who purchased their security system less than two years ago, 60% are self-installed, compared to only 7% of systems purchased more than six years ago. after.
"Most DIY households use professional monitoring services, but currently 63% of these DIY systems have a monitoring subscription for less than two years," says Dina Abdelrazik, senior analyst at Parks Associates.
Most DIY security owners, Abdelrazik continues, are also self-installing additional smart devices. As a result, companies are expanding their product lines to meet consumer demand, including Abode, Array by Hampton and Blue by ADT.
"This demand for an easy-to-install integrated solution is becoming more and more widespread in the Apple HomeKit ecosystem, with multiple DIY security systems and camera-related devices releasing product lines compatible with this ecosystem," says Abdelrazik.
The traditional residential security channel is dominated by professionally installed, professionally monitored systems, but manufacturers of smart home devices are increasingly expanding in the security space.
Currently, 33% of US broadband households have a security system, an increase of 18% from 28% in 2018, according to Parks Associates.
The DIY Home Security Tracker assesses the impact of DIY security solutions for expanding the market and the potential cannibalization of existing security channels. It also provides an analysis of industry trends, key market strategies and competitive analysis of leading products from all key product categories.
The research outlines the yields, the satisfaction with the DIY systems compared to the traditional systems and the journey of the buyer, according to the research firm.
This article originally appeared on our website security and sales publication integration.
HomeKit.Blog is in no way affiliated with or endorsed by Apple Inc. or Apple related subsidiaries.
All images, videos and logos are the copyright of the respective rights holders, and this website does not claim ownership or copyright of the aforementioned.
All information about products mentioned on this site has been collected in good faith. However, the information relating to them, may not be 100% accurate, as we only rely on the information we are able to gather from the companies themselves or the resellers who stock these products, and therefore cannot be held responsible for any inaccuracies arising from the aforementioned sources, or any subsequent changes that are made that we have not been made aware of.
HomeKit.Blog Is A Participant In The Amazon Services LLC Associates Program, An Affiliate Advertising Program Designed To Provide A Means For Sites To Earn Advertising Fees By Advertising And Linking To Amazon Store (Amazon.com, Or Endless.com, MYHABIT.com, SmallParts.com, Or AmazonWireless.com).
The opinions expressed on this website by our contributors do not necessarily represent the views of the website owners.