Connected Home Systems and Services

Tuesday, August 01, 2017

Annual unit sales of smart door locks to reach 1.68 million by 2021

Research firm’s Smart Home Tracker reveals annual sales revenue for smart door locks will exceed $357 million in 2021

Parks Associates today revealed new research showing that annual unit sales of smart door locks will reach 1.68 million by 2021. The IoT research firm’s Smart Home Tracker: Market Sizing and Trends also reveals that annual sales revenue from smart door locks will exceed $357 million in the same year, up from $207 million in 2017.

“Adoption of smart door l ...read more

Thursday, July 20, 2017

One-half of consumers willing to share data and device control for discounts on electricity

New research quantifies the value of IoT data in the connected home

Parks Associates announced new research today showing that approximately 50% of U.S. broadband households are willing to share data and device control for discounts on electricity. 360 View Update: The Value of Data – New Smart Home Business Models notes interest is consistent across different product categories, with 51% of smart thermostat owners, 50% of hot water heater owners, and 48% of owners of smart ...read more

Thursday, July 06, 2017

Only 10% of users use their personal assistant device or app to control smart home devices

New research examines challenges and strategies for smart home products and services

International research firm Parks Associates today announced new IoT research examining the market for smart home devices and services, including the current challenges and strategies to expand consumer adoption and purchase intentions. The consumer research and industry reports include analysis of smart home consumer segments and forecasts for smart home controllers, standalone security gat ...read more

Wednesday, June 21, 2017

Purchase intentions for smart appliances continue to increase

IoT research firm joins Ayla Networks, Sears, and Arrayent for webcast examining smart appliance innovations

Leading IoT research firm Parks Associates announced today that it will host the complimentary webcast “Advancing Ease of Use through Sensors and Appliance Automation,” sponsored by Ayla Networks, on Wednesday, June 21. This webcast examines the latest smart appliance innovations and explores innovations to optimize the consumer experience with these connected devices ...read more

Wednesday, June 14, 2017

Smart thermostats will reach 13% adoption in North America and 1.5% in Western Europe by end of 2017

Parks Associates research analyst will share firm’s new smart home research at IoT World Europe

New Parks Associates research shows that penetration of smart thermostats will reach 13% adoption in North America and 1.5% in Western Europe by the end of 2017. Research Analyst Brad Russell will share the firm’s new smart home and IoT research this week at Internet of Things World Europe and examine the keys to continued use of smart home products and services.

“Interoperabi ...read more

Tuesday, June 13, 2017

Annual professional monitoring revenues in U.S. to reach $14.7 billion by 2021

Parks Associates analyst to share firm’s residential security research at ESX 2017

International research firm Parks Associates announced today that Dina Abdelrazik, Research Analyst, will speak at the Electronic Security Expo on Thursday, June 15, and address potential growth in the home security market as a result of new IoT innovations, the addition of smart home offerings to traditional security, and the continued emergence of new competitors.

“Financials from large ...read more

Wednesday, June 07, 2017

Retail the leading sales channel for smart home purchases

Annual industry report analyzes market developments, trends, growth opportunities and forecasts of key markets for the connected consumer and the smart home, connected entertainment, and IoT markets

Parks Associates today announced availability of its annual report Global Connected Living Outlook 2017: Building on the IoTwhich provides a comprehensive overview of the key markets serving consumers’ connected lifestyles. This report identifies trends in all connected consume ...read more

Wednesday, May 31, 2017

More than three-fourths of U.S. broadband households use Wi-Fi for in-home connectivity

New research examines smart home products and services, home security, smart energy, and Wi-Fi hotspots in U.S. and Canada

International research firm Parks Associates today announced new IoT research deliverables on home security, smart energy, Wi-Fi hotspots, and connected living in Canada. The research on the U.S. and Canada examines the demand for smart home products and services and the impact across multiple verticals, including home energy and security, connected ente ...read more

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