Analyst Blog

Content Submitted by Universal Electronics Inc. You can imagine that a device can be assigned a unique fingerprint based on a combination of attributes. Device fingerprinting is the technique where relevant data and features about a device are identified, extracted and profiled in order to uniquely identify the device within the home. This can be done across multiple networks within the home; and if paired with a knowledge graph of devices, can be used to automatically retrieve...
 
by Parks Associates | May. 14, 2019
Tags: CONNECTIONS, industry event


Content Submitted by Universal Electronics Inc. A recent survey by Parks Associates claimed that 75% of the consumers purchasing a new device want it to work with the existing devices within their homes. This means that consumers value interoperability, but what does this actually...

As the smart home industry attempts to cross the chasm—moving from adoption among early adopters to the early majority—brands in the space fervently seek to understand the value propositions that drive product adoption and how to improve perceived product value. Understanding the buyer...
 
by Parks Associates | May. 13, 2019
Tags: none

A number of market developments and trends are impacting the security industry, leading to changes in business models, enhancements in current product offerings, and new solutions that appeal to the 70% of households without traditional security systems. Monitoring has become a commodity in...
 
by Parks Associates | May. 13, 2019
Tags: none

The smart home industry has tried to shift to a service-focused business model in order to drive recurring revenues and better align with its new cost structure. Value creation in the industry is evolving from benefits derived solely from hardware to include those derived from software....
 
by Parks Associates | May. 13, 2019
Tags: none

Parks Associates estimates the U.S. will have 169 million actively connected cars, or 56% of all light vehicles, by 2022. Meanwhile, nearly one-quarter of U.S. broadband households own at least one smart home device and the average number of devices owned per household continues to increase...
 
by Parks Associates | May. 13, 2019
Tags: none

With adoption of connected health and smart home technology growing, interest is rising in how to connect these two experiences. We’ve seen in-home consumer electronics devices start to become HIPAA compliant, and partnerships increasingly beginning to arise across verticals. But which...
 
by Parks Associates | May. 13, 2019
Tags: none

At the end of 2018, the average U.S. broadband household owned 10.5 connected devices, including computing, mobile, smart home, and connected health devices, as well as smart speakers with voice assistants. Technologies like voice control, data analytics, machine learning, blockchain, sound...
 
by Parks Associates | May. 13, 2019
Tags: none


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