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Author: William Ablondi
Publication Date: Oct 12 2017
Pages: 7
Report Type: Insight, Word
Smart Home

Consumer Tech Companies Focus on Low-Cost Security Solutions

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Report Summary:

Over the past month, we’ve seen three major brands announce self-installed, professionally monitored security systems. New options at lower price points could help to bring security to households that don’t currently subscribe. They could also put a lot of pressure on prices, reducing overall revenues across the industry. In this competitive market, it’s important that both incumbents and new entrants focus on enhancing and explaining the value proposition if they want to succeed.

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