Tag: EssenceUSA
Market Trends: The golden years of the PERS market
April 20, 2016Kenneth Z. Chutchian
YARMOUTH, Maine—The users of personal emergency response systems (PERS) are getting younger. They are generally technologically savvy. The technology is getting more advanced. And so monitoring stations, manufacturers and dealers have reasons to believe the golden age of PERS market growth has begun.
Except, of course, free markets are ultimately run by people, not data. And people complicate things.
The PERS market has the type of demographics that grab the attention of venture capitalists,...