The November 11, 2023 report, authored by Frank Saldaña and Jennifer Kent from Parks Associates, explores the potential growth of security offerings in addition to existing home security services. To address consumers’ data privacy concerns and enhance smart device adoption, the report recommends that home security providers offer device protection and data privacy services to homeowners. A highlighted technology solution is Pocket Geek Home by Assurant. The main takeaway emphasizes that security providers can capitalize on their skills, assets, and service relationships with existing customers to create a new revenue stream.

Keywords: Audio/Video, Connected Home, Consumer Electronics, Cybersecurity/Privacy, Energy Efficiency/Management, Training

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