"ADT (NYSE:ADT) operates the traditional model: 6.5 million customers paying monthly fees for 24/7 professional monitoring. The company generates $5.11 billion in annual revenue, with $1.10 billion from recurring monitoring subscriptions. Their strategic bet centers on the ADT+ platform, integrating AI capabilities through a partnership with Google (NASDAQ:GOOG). Resideo Technologies (NYSE:REZI) brings Honeywell Home, First Alert, and Control4 brands to 150 million spaces worldwide."
"Google enters as both competitor and collaborator. Their Nest product line competes directly in smart home hardware, while their ADT partnership provides AI capabilities to the monitoring leader. This is of course a rounding error for Google's massive business outside of this zone, but you should look at them as a player getting a foothold in yet another industry, rather than a pureplay like others. How the Business Models Compare Revenue stability separates these players."
AI integration is shifting the smart-home security market and changing competitive dynamics among monitoring providers, hardware manufacturers, camera specialists, and AI platform owners. ADT relies on 6.5 million monitored customers, generating $5.11 billion in revenue with $1.10 billion from subscriptions and strong operating margins; ADT+ leverages Google AI to enhance monitoring. Resideo sells hardware across 150 million spaces and records $7.44 billion in revenue but lacks recurring monitoring income. Arlo focuses on cameras with $510 million in sales and optional cloud storage subscriptions. Google competes with Nest while supplying AI capabilities through partnerships to gain industry foothold.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]