The home automation market has grown dramatically and is expected to expand even further. The Internet of things (IoT) has made implementing home automation much easier with the ability to control enabled door locks, lights, thermostats and so on. Newer systems are relying on cellular access for notifications rather than WiFi and provide apps for notifications and remote control of the home on a smartphone.

Smart security systems are available that are fully customizable and can be purchased as do-it-yourself kits or complete solutions that fully supported and professionally installed. With home automation and security an option is for the individual to monitor the home themselves or pay a security management company to provide surveillance of the property 24/7/365 and respond to any incidents. One thing is for certain, traditional security systems providers are ripe for disruption in this market as home automation technology improves.