But by 2018, HIS Technology, a research firm, predicts that 45 million smart home devices will have been installed, and the annual business volume will have grown to $12 billion dollars. ABI Research predicts growth to $14. 1 billion by 2018. The market research firm Allied Market Research projects that the global smart homes and buildings market will grow at a compound annual growth rate of 29. 5% through 2020, at which point the market will be worth $35. 3 billion. Another even more optimistic report from Juniper Research, predicts that the market will grow to $71 billion by 2018. Beyond this market are less expensive smart home devices and systems, largely manufacturer by security, software and electronics firms. Rival software firms Apple and Google are two major players in this marketspace. Google recently acquired the aforementioned Nest Learning Thermostat for $3. 2 billion, and has designs on the home security market.

smart security system

5, the video source 501 includes a camera 118 or 106, and an optional controller device.

• alarm security
• wireless alarm system home
• security monitoring service

Vivint is a well known home security company that does not charge installation fees and has solid security equipment and home automation systems.

1. personal medical alarm
2. residential home security systems
3. home medical alert systems