The Roku Home Monitoring System SE is a low-cost solution from the company targeted towards consumers looking to keep their living space more secure. The system includes two entryway sensors along with a motion sensor, siren-equipped hub and a keypad priced at just $99. Co-developed by Wyze, the smart home security solutions can be used with an optional professional monitoring service priced at $100 per year.
The Roku Home Monitoring System SE is available now via the brand's website and at Walmart retail locations, and will arrive on Walmart.com starting on May 15, 2023. Roku will also be updating the operating system of its hardware in the coming weeks to let users monitor incoming notifications directly from their TV as they stream.
Why This Trend Is Growing
- Low-cost Home Security
- The low cost of the Roku Home Monitoring System creates disruptive innovation opportunities for businesses to create affordable home security solutions.
- Smart Home Monitoring
- The collaboration between Roku and Wyze creates disruptive innovation opportunities for businesses to develop smart home monitoring solutions.
- TV Integrated Home Monitoring
- Roku's plan to update its operating system creates disruptive innovation opportunities for businesses to integrate home monitoring into TVs.
Industries Being Reshaped
- Smart Home
- Smart home security companies have the potential to create low-cost monitoring systems that are accessible to all users.
- Consumer Electronics
- Companies in the consumer electronics industry can collaborate or develop their own low-cost home monitoring systems to appeal to budget-conscious consumers.
- Retail
- Retailers like Walmart can offer affordable home monitoring systems to customers, creating a new revenue stream.
