YARMOUTH, Maine—Selling home security at retail stores is one of the hottest trends in the industry. Comcast, AT&T and Lowe’s are among the big players doing it, and some smaller companies are carving a niche there as well. But the majority of SSN poll respondents see it as something else: a fad that won’t be supported in the long run by customers.
AUSTIN, Texas—The penetration rate for U.S. residential intruder alarm products will increase by 5 to 8 percent during the next three years, aided by the entrance of new telecom and cableco players in the market, according to a recent study from IMS Research, now part of IHS.
MOOREVILLE, N.C.—Lowe’s, the world’s second-largest home improvement retailer, announced July 19 that it has launched Iris, its new home automation/home security service. The do-it-yourself, cloud-based service currently is available on Lowes.com and will be offered in the company’s 500 stores nationwide late in August, Sarah-Frances Wallace, a spokeswoman for Lowe’s, told Security Systems News.