New report projects smart home market growth of 20 percent in 2017
PROVO, Utah--(BUSINESS WIRE)--Vivint Smart Home is No. 1 on the list of the Top 10 Smart Home Service Providers in the U.S., according to a recent report from Strategy Analytics. The report highlights companies that offer a range of smart home services, including monitoring, notification, automation and energy management.
By the end of 2016, Strategy Analytics estimates that nearly 30 million homes in the U.S. had one or more smart home capabilities and projects this number to grow 20 percent to more than 35 million homes by the end of 2017.
"Companies such as Vivint are enhancing their value proposition beyond security to provide true intelligence in their offering, which will entice more consumers to adopt smart home capabilities," stated Bill Ablondi, director of Strategy Analytics' Smart Home practice. "While interactive security is still a major driver of smart home growth in the U.S., the leading companies are tying security together with intelligent automation of lights, climate control, and other systems to create a comprehensive package that consumers are responding to."
Vivint's top ranking is the result of its rapid growth and innovation in the dynamic smart home market. With more than 1.2 million customers, Vivint combines products and services to deliver a seamless smart home experience. The company recently launched Sky, the first true smart home assistant that manages all of the devices in a connected home. Vivint is also the preferred smart home provider for Airbnb and has integrated with Amazon Echo to offer the most comprehensive voice-controlled smart home.
"Delivering a comprehensive smart home experience to the mass market has been our vision from day one," said Matt Eyring, chief strategy and innovation officer at Vivint Smart Home. "To date, we've installed more than 10 million smart home devices in North American homes. We're delighted that the market is embracing an intelligent, integrated smart home model, and that consumers have chosen the Vivint experience more often than any other provider."
Read the full report from Strategy Analytics: The Top 10 US Smart Home Service Providers.
For more information about a Vivint smart home, visit www.vivint.com.
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com.
About Vivint Smart Home
Vivint Smart Home is the leading provider of smart home services in North America. Vivint delivers an integrated smart home system with in-home consultation, professional installation and support delivered by its Smart Home Pros, as well as 24-7 customer care and monitoring. Dedicated to redefining the home experience with intelligent products and services, Vivint serves more than one million customers throughout the U.S. and Canada. For more information, visit www.vivint.com.