Tyler Pack

Smart home security system market trends for 2020

The smart home technology market is developing at a breakneck pace. The International Data Corporation (IDC) predicts double-digit growth, starting at an estimated $53.45 billion, in the market through 2023.

This widespread adoption of connected gadgets is one of the critical factors that drives the growth of the smart home security system market— a market that has been foretold to grow at a CAGR of nearly 7%, as stated by global market research company Technavio.


And so, as 2019 comes to a close, we might be wondering: Where will the smart home security system market go in 2020? According to Technavio's Information and Communications Technology (ICT) analysts, here are the top emerging market trends for the new year:

Cloud-based technology adoption to grow

You can now eliminate complex software and device interoperability issues with cloud-based services offered by most home security providers. These services aren't only self-monitoring and user-friendly, but are also guaranteed to be offered at the lowest costs and offer on-demand scalability without hidden fees.

Home cloud services to be used for data storage

Video footage and remote monitoring require a large amount of data. This is the main reason why home cloud subscription services are recommended for your smart home security systems, as mentioned in this Nest Secure Security Review by Security Baron. Such services don't only set up a personal server in your smart home, but also offer features like interactivity and multi-screen usage.

Remote-controlled arming to be a top feature

Remote-controlled arm and disarm refers to the improved connection between a homeowner and their smart home security system. This feature allows a user to operate the smart home's security remotely, such as by enabling a user to turn all alarms on after leaving the house.

Pocket-sized drones to be used for security

Since they are able to fly at an altitude of 20 feet, pocket-sized drones can be used for security purposes and can capture an intruder's relevant identification information. Plus, these gadgets are equipped with built-in biometric scanning so that burglars can't operate or steal them. Such devices can be remotely operated by users through radio controllers or smartphones with USB ports.

Author Bio: Tyler Pack is a freelance writer who works with various sites that focuses on real estate, home security, and technology. Apart from his writing gigs, he’s also an active advocate for green living and tours to different states to promote the advocacy.


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