U.S. Home Monitoring and Security Forecast, 2019–2023

U.S. Home Monitoring and Security Forecast, 2019–2023

This IDC study provides U.S. home monitoring and security forecast for 2019–2023."In the U.S. home monitoring and security market, the managed services segment is a long play incurring higher initial investment but with higher potential payoffs, whereas the DIY segment can more quickly acquire customers and near-term revenue but with lower margins and a larger set of competitors," says Adam Wright, senior research analyst, IDC's Internet of Things Consumer program. "Successful managed solution vendors, as well as DIY vendors now offering managed services, will need to deliver a high-value service promise to justify the relatively high costs compared with many DIY solutions."

Please Note: Extended description available upon request.

IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Shipments Forecast by Device Type
Shipments Forecast by Average Sales Price
Shipments Forecast by Value
Market Context
Drivers and Inhibitors
High Broadband Penetration
Confidence in "Do It Yourself" Approach
Privacy/Security Concerns
Costs of Devices and Services
Significant Market Developments
Changes from Prior Forecast
Market Definition
Related Research

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook