Penned by the accomplished duo of Jennifer Kent and Frank Saldaña hailing from Parks Associates, this report saw the light of day on December 6, 2022. The crux of the report navigates the burgeoning realm of smart home device protection services, a burgeoning domain tailored to assuage the concerns of homeowners embarking on the journey of smart home integration, particularly in matters of safety and security. As a viable antidote to consumer apprehensions surrounding security and the adoption of smart devices, this report posits that home security providers are primed to extend their sphere of influence. By extending device protection and data privacy services, these providers can harness their expertise, assets, and existing customer relationships. The quintessential takeaway extracted from this exploration lies in the untapped prospects awaiting home security providers, who, by lending a keen ear to customer worries and delivering requisite solutions, stand poised to diversify and enhance their business offerings.
Keywords: Audio/Video, Connected Home, Consumer Electronics, Cybersecurity/Privacy, Energy Efficiency/Management, Training, Home Security