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Consumer Insights 2020

Parks Associates: DIY Solutions and New Monitoring Options Drive Residential Security Adoption to 33% of US Broadband Households, up From…

2020 will bring new challenges and opportunities as consumers reduce spending and economy struggles with stay-at-home restrictions New research Residential Security: Consumer Insights 2020 from Parks Associates finds security system adoption, after holding steady at 25-28% for over five years, jumped up to 33% of US broadband households at the end of 2019. This growth comes as consumers have more options, including DIY and ad hoc monitoring through smart home devices. Parks Associates research emphasizes that 2020 will…