Market Insight

Smart home - Q&A

August 15, 2018  | Subscribers Only

Blake Kozak Blake Kozak Principal Analyst, Smart Home and Security Technology
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In your opinion how did the connected home space in general perform in 2017 relative to 2016?

In general, the connected home space performed well in 2017 relative to 2016. The strong performance was the result of major brands launching new products, from security sensors and video cameras to smart speakers that can control connected home devices directly, such as the Amazon Echo Plus. Moreover, the professional security market continued to see strong growth in connected homes compared with traditional alarm monitoring (no mobile app). In 2017, about 30% of professional monitored residential security systems were connected in the Americas region.

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