Press Releases

Tuesday, February 04, 2020

Twenty-nine percent of US broadband households plan to purchase a smart thermostat in 2020

Parks Associates and PLMA present data and insights on consumer awareness and familiarity of energy management solutions, programs, and tools

Parks Associates research finds 29% of US broadband households plan to purchase a smart thermostat in 2020 and 13% of broadband households currently own a smart thermostat. Consumers are also showing more interest in automated energy programs, as 42% of current smart thermostat owners would allow a utility to adjust their device in or ...read more

Monday, February 03, 2020

Eleven percent of US broadband households participate in time-of-use utility programs

Arm, Direct Energy, EFI, Enervee, Intel, Powerley, and Semtech executives to discuss new utility programs and smart energy business strategies

International research firm Parks Associates will host the eleventh annual Smart Energy Summit: Engaging the Consumer, February 17-19, 2020, at the Omni Austin Downtown in Austin, Texas, featuring sessions on opportunities in energy monitoring, data, and energy management services. Recent Parks Associates research reveals 11% of US br ...read more

Thursday, January 30, 2020

Fifty-six percent of consumers in US broadband households use at least one professional home service

Consumers consider personal recommendation a top factor when choosing smart home devices or home services

New Parks Associates research finds 56% of US broadband households report using at least one professional home service. 360 Deep Dive: Evaluating Service Opportunities in the Smart Home reports lawn care and landscaping are the most commonly utilized home services, followed closely by home repair/improvement and plumbing services. This research study, with analysis on a ...read more

Wednesday, January 29, 2020

Familiarity with tiered pricing energy program increases by 38% from 2016 to 2019

Pre-conference workshop at Smart Energy Summit to address opportunities for energy providers in the smart home

New energy research from Parks Associates finds 18% of US broadband households are highly familiar with tiered pricing energy programs, an increase of 38% since 2016. The research firm will discuss the successes in current utility marketing programs and the opportunities emerging in grid operations and consumer-facing solutions during the pre-conference workshop “T ...read more

Monday, January 27, 2020

TV sets still dominate video entertainment, accounting for more than 50% of all video consumed

New consumer research analyzes shifting trends in video consumption and expenditures

New research from Parks Associates finds that TV sets still dominate home entertainment, accounting for over one-half of all video consumed by US broadband households each week. 360 View: Digital Media and Connected Consumers reveals consumers report spending on average nearly 20 hours per week watching video on a TV, compared to nearly four hours on a mobile phone. Consumers also increased ...read more

Thursday, January 23, 2020

Vivint Smart Home and ANGI Homeservices/Handy to keynote 24th annual CONNECTIONS: The Premier Connected Home Conference

33% of US broadband households own a security system, a 17% increase since 2018

Parks Associates today announced executives from Vivint Smart Home and ANGI Homeservices/Handy will provide keynotes at the firm’s 24th annual CONNECTIONS™: The Premier Connected Home Conference, May 19-21 at the Hyatt Regency San Francisco Airport in San Francisco, California.  The company released new research at CES reporting significant growth among multiple categories of smart home devices. ...read more

Tuesday, January 21, 2020

Traditional and mobile PERS revenue to be approximately $1.1 billion in US by 2024

New industry report highlights sensor-based solutions and emerging alternative devices with emergency response capabilities

New research from Parks Associates estimates more than 5 million consumers in the US will own PERS devices by 2024. Enabling Independence: Connected Solutions for seniors and Caregivers forecasts traditional and mobile PERS revenue will reach $1.1 billion in the same year.

The report Enabling Independence: Connected Solutions for Seniors and Ca ...read more

Tuesday, January 21, 2020

Ten percent of consumers installed variable-speed pool pumps or solar panels in 2019, a 66% increase over 2018

Arcadia Power, Innowatts, Sunrun, Direct Energy, IBM, Lennox, Schneider Electric, and more address energy management in the home at Smart Energy Summit

Parks Associates’ latest research shows 10% of US broadband households report extreme energy-saving measures, by installing solar panels or a variable-speed pool pump, an increase of 66% from 2018 to 2019. Over that same time, 40% made home improvements to save energy, a 14% increase. Parks Associates will host its eleventh ...read more

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