Technavio identifies four connected home trends
LONDON—Technavio’s latest report on the global connected home security system market provides an analysis of four emerging trends impacting the connected home security system market through 2020.
According to Technavio ICT research analysts, those trends are: high growth potential of home cloud solutions; remote arming of the smart home alarm system; integration of pocket drones with personal security features; and, adoption of cloud-based technologies.
The report labels high growth of home cloud solutions as one of the key trends that will have a positive impact on the global connected home security system market during the forecast period. Providing ubiquitous and collaborative benefits, despite data management concerns, home cloud consists of three types of digital data that include content, productivity and sensors.
The integration of pocket drones with personal security features is becoming a fast-trending factor in the market, the report said.
Smart home security systems are based on the centralized control of the home gateway where the intelligence has shifted onto cloud networks. Most residential users are rapidly adopting cloud-based residential security solutions that are user-friendly, self-monitoring, and can be operated from remote location.
Cloud-based services are also used to store images captured by surveillance systems that can be used on demand. It ensures low cost of ownership and on-demand scalability without any additional cost for homeowners, according to the report.