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Monitoring

Total professional monitoring revenue to exceed $15B in 2020

May 13, 2020SSN Staff

DALLAS—Research firm Parks Associates forecasts professional monitoring revenue for the U.S. residential security sector will total $15.74 billion in 2020, with smart home services accounting for $1.2 billion.Parks’ “IoT: Extending Professional Monitoring for New Revenue” addresses how innovative companies are driving new revenue by extending professional monitoring services beyond residential security to new use cases in the connected home.“The number of connected devices continues...

Brad Russell, monitoring, Parks Associates, residential monitoring, smart home


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