I agree. I work with systems development at SOS Alarm. We handle the emergency calls in Sweden. We also work with care and security services (security alarms for for sick and/or elderly people, fire/burglar alarms, and so on). So I have a pretty good insight in both home automation and automated security. To me, it’s only a matter of time before they start to converge into more unified solutions.
But it might be a long wait, since home automation need to mature a lot. Noone would supervise elderly people in their homes with gadgets that works “for most users”. Or might stop working because someone forgot to test the latest update before releasing it.
It’s actually the same with home automation solutions. There is no real “A-list segment”, with companies that sells smart home solutions to customers who has no interest in tinkering themselves, but are ready to pay whatever it costs for someone else to do it for them. If you can’t guarantee it will work and remain stable, you can’t sell it. Any faulty update might mean the end for your business.