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The Union of Physical and Cybersecurity Solutions For Consumers

Nov. 3, 2022
The home security industry acquired millions of new households in 2020 and 2021 due to heightened consumer demand for safety. With more than 1 in 3 households adopting smart home systems, protection from data breach has become a key challenge.

The home security industry has picked up millions of new households in 2020 and 2021 as consumers’ desire for safety and stability has amplified, in part due to the rise of DIY security solutions, the impact of a pandemic, and economic uncertainty. Currently, 36% of all internet households in the US have a home security system, a 14% increase from the 22% just 5 years ago.

This report is a Parks Associates Research Report commissioned by ESA and sponsored by Resideo to deliver the latest facts and trends to help you make informed decisions on capturing new customers through careful business strategy evolutions.

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