Type of Article: MacTech Blog

Smart home technologies and IoT driving new growth in residential security market

Parks Associates (www.parksassociates.com) has released new research reporting that 70% of U.S. security dealers currently install or plan to install some type of interactive smart home device or system within their residential offerings in the next 12 months. Nearly three-quarters of security dealers offer interactivity with their devices, which can be controlled through smartphones, tablets, and computers.

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U.S. smartphone owners love their social networking apps

New data from Parks Associates (www.parksassociates.com) shows that more than 70% of U.S. smartphone users watch at least one short streaming video clip every day.

Parks Associates’ survey shows consumers are embracing many new use cases as their smartphones become more intelligent and multifunctional. Voice calls and texting are still the dominant activities, but 80% of smartphone owners use social networking apps at least once a day and 35% spend an hour or more on this activity.

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Cybersecurity incidents in Canada increased 160% year-over-year

According to PwC’s Global State of Information Security (GSISS) Survey 2016 (www.pwc.com/ca/gsiss), Canadian companies are taking steps towards establishing holistic, integrated safeguards against cyberattacks. While investment in safeguards against cybersecurity threats have increased by 82% year over year, it still accounts for an average of only 5% of overall IT (Information Technology) spending.

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