New growth opportunities are emerging in the smart home subscription market, driven by security and AI services. According to Parks Associates, a notable portion of smart home device owners pay for a subscription service for a video security device, with 19% of owners opting for this service.

Adoption rates of certain smart home devices have been tracked, with smart home hubs remaining at a steady 5% of US internet households.

Further details on the smart home market and subscription services are available from Parks Associates, providing insight into the current state and potential future growth of this market.