Home Automated Security: The Best Investment in Home Automation

You don’t have to search hard to find articles that talk about home automation. And, it’s no longer just a hot topic as a conceptual idea, but something that’s happening in homes around the world today. Fueled by cable company advertising, communicating electronics in retail and a growing number of smart home apps consumers are hungry to connect whatever they can to their smart phones – the devices that have changed life as we know it.

But, along with all of the buzz, you’ll find that consumers still cite a consistent barrier of entry: price.

“According to industry research firm IDC, the IoT market is expected to hit $7.1 trillion by 2020,” said John Maddison, vice president of marketing at Fortinet. “The ultimate winners of the IoT connected home will come down to those vendors who can provide a balance of security and privacy vis–vis price and functionality.”

The security industry is one space that has been able to leverage a service model to help keep the price of automation in line with consumer expectations.

“In the next 5 years, 61% of people expect the ‘connected home’ to be a reality.”

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Consumers Focus their Internet of Things on the Smart Home

The market for smart home products is about to get crowded as broadband providers and major retailers chase after the same market. New research has found that young people and new homeowners are most likely to purchase Internet-connected energy devices and install them in their homes. Young consumers between 25 and 34 years old are much more likely to own at least one smart energy management device. The Internet of Things study done by Parks Associates shows that 10 percent of broadband households across the United States headed by a consumer in that age group own at least one device and 4 percent own five or more. Compare that to 7 percent of all broadband households across the nation owning at least one device.

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The Smart Device Scoop Without the Buzz: Five Resources for Foundational Knowledge

Let’s be honest, all of the talk about smart devices, the Internet of Things and smart or connected homes can sound like a mashup of buzz words without meaning. So, we found a five great resources– videos, articles, info graphics and presentations– that take a step back and focus on the foundation: what really is a smart device?

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