The growing adoption of smart homes makes the prospects bright for smart security systems. Home security devices are also experiencing evolution due to AI and IoT technologies. The home security system market is expected to reach $84.55 billion in the next five years, registering a CAGR of 8.5%.
Home improvement company ADT Inc. (ADT) looks well-positioned to capitalize on the growing usage of smart home devices. The company offers security, automation, and smart home solutions to consumers and businesses in the United States.
