Parks Associates research, including quarterly consumer surveys, indicates networked cameras and smart video doorbells will continue steady growth due to persistent popularity and clear security use cases. According to the findings, each device category reached 17% adoption among US internet households at the end of 2022, and combined, they will exceed $3.8 billion in sales
The global smart home market size is expected to reach USD 537.01 billion by 2030, registering a CAGR of 27.07% from 2023 to 2030, according to a new study by Grand View Research, Inc. The sector, according to the report, is driven by computing devices and information technology that link smart home instruments and gadgets
NRG Energy, Inc. and Vivint Smart Home, Inc. have entered into a definitive agreement under which NRG will acquire Vivint for $12 per share or $2.8 billion in an all-cash transaction with an implied multiple of 6.3x run-rate Enterprise Value to Adjusted EBITDA. The agreement has been unanimously approved by the boards of directors of
The global home security systems market size is expected to reach USD 97.8 billion by 2030, at a CAGR of 8.1%, according to a new study by Polaris Market Research. The research suggests that the increasing popularity of smart homes, which have integrated smart security systems, is driving the demand for home security systems. Home
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