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US Interactive Residential Security Market to Grow by USD 2.97 Billion (2024-2028), Rising Crime Rates and AI Innovations Drive Market – Technavio Report

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NEW YORK, Sept. 12, 2024 /PRNewswire/ — Report with market evolution powered by AI- The interactive residential security market size in US is estimated to grow by USD 2.96 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.26%  during the forecast period. Rising crime rates across US is driving market growth, with a trend towards increasing focus of vendors on new product launches. However, high initial costs related to interactive residential security solutions  poses a challenge. Key market players include ADT Inc., Alphabet Inc., AT and T, Comcast Corp., Cove Smart LLC, East West Manufacturing, Frontpoint Security Solutions LLC, Honeywell International Inc., Leviton Manufacturing Co. Inc., LG Electronics Inc., Link Interactive, Monitronics International Inc., NETGEAR Inc., Nice SpA, Nortek Security and Control LLC, Ring LLC, Samsung Electronics Co. Ltd., Scout Security Ltd., Simplisafe Inc., Somfy Group, Vivint Inc., and Wyze Labs Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Interactive Residential Security Market In US Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 10.26%

Market growth 2024-2028

USD 2967 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

10.06

Regional analysis

US

Performing market contribution

North America at 100%

Key countries

US and North America

Key companies profiled

ADT Inc., Alphabet Inc., AT and T, Comcast Corp., Cove Smart LLC, East West Manufacturing, Frontpoint Security Solutions LLC, Honeywell International Inc., Leviton Manufacturing Co. Inc., LG Electronics Inc., Link Interactive, Monitronics International Inc., NETGEAR Inc., Nice SpA, Nortek Security and Control LLC, Ring LLC, Samsung Electronics Co. Ltd., Scout Security Ltd., Simplisafe Inc., Somfy Group, Vivint Inc., and Wyze Labs Inc.

Market Driver

The interactive residential security market in the US is witnessing significant growth due to vendors’ increasing focus on new product development. As competition intensifies and consumer expectations evolve, companies are investing heavily in creating innovative security solutions to differentiate themselves and capture market share. This new product development includes integrating advanced technologies such as AI and machine learning for enhanced threat detection and improving system compatibility with smart home ecosystems for greater convenience and control. For instance, Brinks Home, a leading home security and alarm monitoring company, introduced Vacation Watch and Package Detection features in August 2024. Vacation Watch allows users to create temporary rules for automatic recording during their absence, while Package Detection alerts homeowners upon package delivery and retrieval, providing video clips for identification. In May 2022, Vivint unveiled a suite of new products, including the Doorbell Camera Pro, Outdoor Camera Pro, Spotlight Pro, and Indoor Camera Pro, each integrating with Vivint’s AI platform and offering advanced functionalities. Such new innovations by vendors will continue to drive the growth of the interactive residential security market in the US during the forecast period.

The Interactive Residential Security market in the US is thriving, with a focus on advanced safety measures for homes. Security systems are becoming smarter, featuring energy-saving solutions and low consumption wireless technology. Miniaturized sensors and cameras enable DIY installation, while home automation integrates security with other smart devices. Video Surveillance Systems, Alarm Systems, Access Control Systems, and Fire Protection Services are in high demand. Internet usage and cloud services are essential for remote monitoring and cybersecurity. Security concerns include theft and robbery statistics, particularly for single-parent families. Smart City projects are exploring integrated security solutions. Installation costs and system complexities are key challenges, but AI, facial recognition, and cloud-based surveillance offer innovative solutions. Home Security Systems and Smart Home Security are merging, with sensors, cameras, and remote monitoring at their core. Personal security is also a growing concern, with hardware and software offerings addressing these needs.

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Market Challenges

The interactive residential security market in the US faces a significant challenge due to high upfront costs, which can deter potential customers. Installing comprehensive security solutions involves substantial expenses for hardware, such as cameras, sensors, smart locks, and control panels, as well as fees for professional installation services. For instance, leading providers like ADT and Vivint offer full-featured systems with several hundred to thousands of dollars in initial costs and monthly monitoring fees. These ongoing commitments can be prohibitive for budget-conscious consumers or those uncertain of the systems value. Furthermore, the need for regular maintenance and technology upgrades adds to the financial burden. To make these systems more accessible, companies must provide flexible financing options, such as installment plans or leasing agreements. Failure to address cost concerns may limit market growth potential in the US interactive residential security market during the forecast period.The Interactive Residential Security market in the US is experiencing significant growth due to increasing security concerns among homeowners. Key products include Access Control Systems, Intruder Alarm Systems, Remote Monitoring Services, and Cloud services. Challenges include the integration of Smart City ideas, cybersecurity, and system complexities. Home Security Systems and Smart Home Security are popular solutions, utilizing Sensors, Cameras, and Remote Monitoring. Theft and robbery statistics, especially for single-parent families, fuel demand. Smart Homes, with Fire Protection Services, Home Automation, Property Monitoring, Power Management, Visit Management, and more, offer enhanced security. Installation costs and DIY installation are concerns, but advancements in Artificial Intelligence, Facial Recognition, Cloud-Based Surveillance, and Personal Security are driving innovation. Hardware and Software solutions, including Alarm Systems, Access Control Systems, and Video Surveillance Systems, are essential components. Fire Protection Services ensure safety, while Apartment and Unit security is a growing niche. Overall, the market is dynamic, with ongoing advancements and evolving consumer needs.

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Segment Overview 

This interactive residential security market in US report extensively covers market segmentation by

Type 1.1 Property monitoring1.2 Visit management1.3 Phone and wireless security1.4 Power managementApplication 2.1 Apartment2.2 Standalone unitService 3.1 Intrusion protection3.2 Remote monitoring3.3 Security system integration service3.4 OthersGeography 4.1 North America

1.1 Property monitoring-  The Interactive Residential Security Market in the US is experiencing significant growth. Homeowners are increasingly investing in advanced security systems that offer remote monitoring and control. These systems include features like motion sensors, door and window sensors, and smartphone app integration. Major players in the market include ADT, Simplisafe, and Vivint. These companies provide customizable plans to meet various home security needs. The market is expected to continue expanding due to the rising demand for enhanced home security solutions.

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Research Analysis

The Interactive Residential Security market in the US is experiencing significant growth due to the increasing demand for advanced safety measures in homes. Residential Security systems are no longer just about deterrence against burglary and theft, but also include energy-saving solutions, remote monitoring, and smart features. These systems use wireless technology, miniaturized sensors, and cameras to provide comprehensive security. Smart Home Security systems are becoming increasingly popular, integrating with other smart devices and the internet for convenient and efficient control. However, technical flaws and cybersecurity concerns are areas of improvement. The market caters to various demographics, including single-parent families, apartments, and units, as well as larger properties and smart city projects. Property Monitoring, Power Management, Visit Management, and Burglary Statistics are key considerations for potential buyers. The market is expected to continue growing due to increasing crime rates and the desire for peace of mind and convenience.

Market Research Overview

The Interactive Residential Security market in the US is a growing industry focused on providing advanced security solutions for homes. Residential Security systems encompass various safety measures such as Alarm Systems, Access Control Systems, Fire Protection Services, and Video Surveillance Systems. These systems leverage Smart Features like wireless technology, miniaturized sensors, and Internet usage to enhance security and offer energy-saving solutions with low energy consumption. Smart Home Security is a popular trend, integrating Home Automation, remote monitoring, and cloud services. DIY solutions are also gaining traction, allowing homeowners to install their systems without professional help. Security concerns include technical flaws, cybersecurity threats, and theft and robbery statistics. Single-parent families, apartments, and units also benefit from these systems. Home Security Systems can include hardware like sensors, cameras, and software for remote monitoring and artificial intelligence capabilities like facial recognition. Smart City projects are exploring the integration of these systems into larger community security networks. Installation costs and system complexities are ongoing considerations, with the potential for significant savings through DIY installation and power management. Property Security is a top priority for homeowners, with solutions addressing both personal and property monitoring needs.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeProperty MonitoringVisit ManagementPhone And Wireless SecurityPower ManagementApplicationApartmentStandalone UnitServiceIntrusion ProtectionRemote MonitoringSecurity System Integration ServiceOthersGeographyNorth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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As ADA Anniversary Approaches, University of Phoenix Survey Highlights AI’s Potential to Advance Accessibility in Work and Learning

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Survey conducted by The Harris Poll on behalf of University of Phoenix finds among those already using AI in the workplace, 60% say AI has improved their knowledge of and ability to use accessibility standards and guidelines.

PHOENIX, July 24, 2026 /PRNewswire/ — As artificial intelligence becomes part of how people work, learn and solve problems, a new University of Phoenix survey conducted by The Harris Poll finds that recent working learners see meaningful opportunities for AI to support accessibility. The survey was designed to understand the impact of AI in the workplace and learning environments on accessibility, defined as ensuring digital content, tools and resources, including AI tools and output, are usable by people with different abilities through inclusive design, use of assistive technology or conformance with accessibility standards, such as the Web Content Accessibility Guidelines (WCAG). The findings are being released ahead of the 36th anniversary of the Americans with Disabilities Act (ADA) on July 26.

The survey, conducted among 1,019 U.S. employed adults who completed a professionally presented training or school course in the past 12 months (“recent working learners”), found that, among workers already using AI in the workplace, 3 in 5 (60%) say AI has improved their knowledge of and ability to use accessibility standards and guidelines, including nearly 1 in 5 (19%) who report significant improvement. 

While the findings point to optimism about AI’s accessibility potential, they also reveal an opportunity for clearer organizational guidance: 45% of respondents say accessibility is absent from, unclear in, or they are uncertain whether it is covered by their workplace AI policies.

“The reality is that accessibility benefits everyone,” shares Kelly Hermann, Vice President of Accessibility and Student Affairs at University of Phoenix. “If accessibility is built in from the beginning, organizations are more likely to create AI-enabled environments that are universally usable. Clearer content, better summaries, accurate captions, and multiple formats can help workers and learners with disabilities, but they also help busy adults, multilingual learners, mobile users, and anyone trying to absorb information quickly.”

Key findings from the survey include:

Workers see AI’s accessibility potential: 89% of recent working learners identify workflows that could benefit from AI and accessibility tools, especially creating accessible documents, presentations, websites or learning materials (38%), presenting information in different formats such as plain language, audio, summaries or translations (33%), and training employees or learners on accessibility practices (30%).AI may help build accessibility awareness: Among those already using AI in the workplace, 60% say AI has improved their knowledge of and ability to use accessibility standards and guidelines.Accessibility is not always clear in workplace AI policies: 45% of recent working learners say accessibility is absent from, unclear in, or they are uncertain whether it is covered by their workplace AI policies.AI tools may not yet fully support different access needs: Among those who use workplace AI tools, only about a quarter of survey respondents (27%) say AI tools available through their workplace or professional learning environment support people with disabilities very well.Human oversight remains important: 36% of recent working learners say human review for important decisions or high-impact work should be part of responsible AI use at work or school.Workers also recognize how AI and accessibility can have an impact on their own career journey: 90% of recent working learners identify AI and accessibility skills that would be valuable in their current or desired career field, including 45% who see value in understanding when AI-generated content needs human review.

Why accessibility is essential to responsible AI adoption

As AI tools are used to draft documents, summarize information, generate captions and transcripts, create image descriptions, support learning and assist with workplace tasks, accessibility becomes central to responsible use. Poorly implemented AI can also create or amplify barriers, including inaccessible content, inaccurate summaries, biased outputs and tools that do not work effectively with assistive technologies.

“Responsible AI is not only about productivity,” Hermann said. “It is about whether the technology works for the people who need to use it. AI can help create more accessible materials and more flexible ways to engage with information, but it still requires clear policies, practical training and human judgment to make sure the outputs are accurate, applicable and usable.”

What the findings mean for employers and educators

The survey suggests that organizations have an opportunity to align AI adoption with supportive design, accessibility practices and workforce training. Employers and educators can take immediate steps by:

Naming accessibility directly in AI policies and guidance.Choosing AI tools with accessibility and assistive technology compatibility in mind.Training workers and learners to create, check and improve accessible AI-generated content.Making support pathways clear for people who experience barriers using AI tools.Keeping human review in place for important decisions, high-impact work and accessibility-sensitive outputs.

The survey also found workers want practical AI training. The most helpful resources identified by recent working learners include real-world examples from their field or industry (36%), hands-on practice using realistic workplace scenarios (34%) and step-by-step demonstrations of common tasks (33%).

Accessibility insights from University of Phoenix

Hermann shared the survey findings ahead of the ADA anniversary in recent media interviews. Hermann oversees the University’s accessibility initiative, including evaluation and remediation of curricular resources, the Center for Access, Resources, Engagement and Support Services (CARES), and the Office of Collaborative Learning and Educational Engagement. Her work focuses on fostering accessible and welcoming educational environments for students, faculty and staff.

Hermann’s office at University of Phoenix also convenes accessibility conversations through initiatives such as Access Amplified™, a free, annual virtual event focused on advancing digital accessibility in web development. The event brings together engineers, developers, designers, content authors and digital strategists for practical strategies and human-centered conversations that address the gap between coding practices and how users with assistive technology experience the web.

About the survey

The survey was conducted online within the United States by The Harris Poll on behalf of University of Phoenix from June 22–29, 2026, among 1,019 employed adults ages 18 and older who have taken a professionally presented training or a school course in the past 12 months, referred to as “recent working learners.” Data were weighted where necessary by age, gender, race/ethnicity, region, education, employment, marital status, household size, household income and smoking status to bring them in line with their actual proportions in the population.

Respondents for this survey were selected from among those who have agreed to participate in surveys. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 3.8 percentage points using a 95% confidence level. This credible interval will be wider among subsets of the surveyed population of interest.

Review the complete survey at phoenix.edu/aiaccessibility.

About University of Phoenix

University of Phoenix is Built for Real Life. 50 Years Strong. The University innovates to help working adults enhance their careers and develop skills in a rapidly changing world through flexible online learning, relevant courses, academic AI pillars, and skills-mapped curriculum for associate, bachelor’s and master’s degree programs. Active students and alumni have access to Career Services for Life® resources including career guidance and tools. For more information, visit phoenix.edu. 

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Mastech Digital to Announce Second Quarter 2026 Financial Results; Participate in Upcoming Investor Conference

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PITTSBURGH, July 24, 2026 /PRNewswire/ — Mastech Digital, Inc. (NYSE American: MHH) (“Mastech Digital”), a leading provider of Digital Transformation IT Services, today announced the date for the release of its financial results for the second quarter ended June 30, 2026, and its participation in an upcoming investor conference.

Second Quarter 2026 Earnings:

Mastech Digital will report its financial results for the second quarter 2026 before the market opens on Thursday, August 6, 2026. Management will host a live conference call and webcast at 9:00 a.m. Eastern Time on that day to discuss the Company’s financial performance and operating results.  The conference call will be hosted by Nirav Patel, President and CEO, and Kannan Sugantharaman, Chief Financial and Operations Officer.

Those wishing to participate via webcast should access the call through Mastech Digital’s Investor Relations website at https://investors.mastechdigital.com. Those wishing to participate via telephone may dial in at 1-800-715-9871 (USA) or 1-646-307-1963 (International) with the passcode 7506988. The replay will be available via webcast through Mastech Digital’s Investor Relations website.

Upcoming Investor Conference:

Mr. Sugantharaman will host a fireside chat at the Sidoti Micro-Cap Investor Conference on Wednesday, August 19, 2026, at 9:15 a.m. Eastern Time.

Mastech Digital management is scheduled to host virtual one-on-one and small group meetings with investors during the conference on August 19-20, 2026. Investors interested in arranging a meeting should contact their Sidoti representative or reach out to the Mastech Digital investor relations team at investors@mastechdigital.com.

About Mastech Digital, Inc.

Mastech Digital (NYSE American: MHH) is a leading provider of Digital Transformation IT Services. The Company offers Data Management, Analytics & AI Solutions, and IT Staffing Services with a digital-first approach. A minority-owned enterprise, Mastech Digital is headquartered in Pittsburgh, PA, with offices across the U.S., Canada, Europe, and India. Visit us at www.mastechdigital.com.

Investor Relations Contact:
investors@mastechdigital.com 

 

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SOLAI Limited Announces Extraordinary General Meeting

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AKRON, Ohio, July 24, 2026 /PRNewswire/ — SOLAI Limited (NYSE: SLAI) (“SOLAI” or the “Company”) (previously known as “BIT Mining Limited”), a technology-driven personal AI and digital infrastructure provider, today announced that it will hold its extraordinary general meeting of shareholders at 428 South Seiberling Street, Akron, Ohio, US on August 14, 2026 at 10:00 a.m., New York time.

Holders of record of ordinary shares and preference shares of the Company at the close of business on July 20, 2026, New York time (the “Record Date”) are entitled to receive notice of, and to attend and vote at, the extraordinary general meeting or any adjournment thereof. Holders of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying ordinary shares must act through the depositary of the Company’s ADS program, Deutsche Bank Trust Company Americas.

The notice of the extraordinary general meeting, which sets forth the resolutions to be submitted to shareholder approval at the extraordinary general meeting is available on the Investor Relations section of the Company’s website at https://ir.solai.com

About SOLAI Limited

SOLAI Limited (previously known as “BIT Mining Limited”) (NYSE: SLAI) (previously traded under “BTCM”) is a technology-driven personal AI and digital infrastructure provider. Building upon its historical legacy in digital asset mining and blockchain network operations, the Company is leveraging extensive experience in large-scale hardware deployment, data center operations, and high-performance computing to build the foundational infrastructure for personal AI computing and digital asset ecosystems globally.

For more information:

SOLAI Limited
ir@solai.com
ir.solai.com
www.solai.com 

Christensen Advisory
Jason Ng
Tel: +852-2117-0861
Email: solai@christensencomms.com 

 

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