Although still in its infancy, the global do-it-yourself (DIY) market for devices with added smart connectivity is forecast to experience a steady rate of growth at 22.3 percent annually from 2016 to 2021. While the Americas region accounts for 83 percent of the global DIY revenues as of 2016, Asia and EMEA have yet to adopt DIY systems on a wider scale. Lower costs of labor and relatively low familiarity with the benefits of connected devices, as well as interoperability issues, continue to stifle demand for DIY systems in these regions.
There are several factors that make DIY systems more attractive to new buyers than professional security systems: