Parks Predicts: Monitored Services to Expand by 2020

The end of the decade is not that far off, less than 8 1/2 years. In that short time period, Parks Associates, in their new report, “IP-based Home Monitoring: Security,” gazes into their crystal ball and foresees that the percentage of U.S. households with professionally monitored services will explode to 30%, driven primarily by remote monitoring served by broadband service providers. Other findings by Parks: one-third of broadband American households, when asked, responded that they found remote control of lights, appliances, and thermostats using Web-based devices “very appealing,” while nearly half would be happy with email/text notifications of smoke, fire, water, or gas leaks.

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