Adoption of Home Services

Consumers continue to adapt to the pandemic, and there has been an increased reliance on various services in the home—many offering significant potential for recurring monthly revenue. Parks Associates' data consistently shows consumers are willing to pay for services that provide clear and tangible value; with the adoption of home services on the rise, the role of broadband services is also growing in importance. In addition, aggressive efforts are underway in multifamily housing environments to expand bulk broadband services and further enhance the impact of connected devices.

Learn more about the expansion of professional services beyond home security by downloading Parks Associates complimentary whitepaper, in collaboration with Alarm.com or visit www.ParksAssociates.com.