5 Top Residential Security Trends to Watch in 2023

The security industry has gained millions of households due to the explosion of DIY offerings and COVID-19. Households sought stability and safety during COVID and were able to find low-cost solutions. In 2022 though, home security system adoption slowed with home security ownership dropping from 2021 levels. The industry’s top players, however, are achieving record revenue in 2022 and that shows no signs of slowing.

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of security system owners or intenders want their security system to detect and prevent theft or damage to their vehicles.


of security dealers expected a 10% or more revenue increase in 2020, while 38% expect a 10% or more increase in 2022.


of MDU residents perceive receiving notifications about safety issues and activity outside their door as valuable.

The full report, 5 Top Residential Security Trends to Watch in 2023, is a Parks Associates Research Report commissioned by ESA and sponsored by Resideo to deliver the latest facts and trends to help you make informed decisions on capturing new customers through careful business strategy evolutions.

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5 Top Residential Security Trends to Watch in 2023

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