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Tuesday, August 4, 2015

Silicon Valley will soon become a massive player in home security

According to a note on home-security firm ADT from Citi, Silicon Valley-backed security systems that are self-installed and self-monitored are going to become the new norm for home security.

Currently, there are three types of home security on the market. The industry giants run traditional professionally installed and monitored systems, like what ADT offers and telecoms such as Comcast and AT&T have begun to roll out. These represent 93% of the home-security market, says Citi.

Read more: http://www.businessinsider.com/self-monitored-home-security-systems-market-share-2015-7

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