Blog articles from 08/2022

Parks Associates' study  "Context is King: Smart Home Video and Audio Analytics" examines how video and audio analytics are evolving and impacting the smart home user experience and profiles companies that are driving the technology forward. Innovation in video and audio analytics drives new applications and services like facial, emotional, gender, and object recognition, creating dramatic new capabilities to understand the context and deliver value. Embedding microphones...
 
by Parks Associates | Aug. 5, 2022
Tags: home safety, security, smart home
More device offerings and connected ecosystems are present in the market now compared to a decade ago. However, the ability of devices to work in tandem with other devices (even in different ecosystems) has also increased. Initiatives like matter (although not yet fully implemented) that are aimed at bridging remaining gaps in interoperability and device compatibility are being committed to by tech giants and smaller developers alike and will help simplify consumers’ experience as...

Use cases that reduce OPEX in apartment environments include access management and control, energy management, and automated risk mitigation. These solutions can improve operations and add new layers of safety, security, and convenience.   Access Control   Access control use cases typically involve smart home solutions installed in common and public areas, including smart locks, smart garage door openers, and smart video doorbells.  ...
The single-family builder channel has really warmed to the installation of smart home technology as standard, in addition to offering options as upgrades. Drivers include: Increasing consumer demand for smart tech on par with other traditional new home features. In a Builder Study by Parks Associates, 80% of large-scale builders rated smart speakers as highly popular and 72% rated integrated smart home control and entertainment systems as highly popular. This compares to 84%...

Parks Associates’ study “ Smart Energy at Home: Renewable, Responsive, Resilient ” reveals that 44% of US internet households say they are taking active steps to reduce their energy consumption at home. The research firm surveyed over 10,000 internet households to determine their adoption, usage, and attitudes regarding smart energy solutions and utility programs. Energy savings are an important benefit for consumers, and many households are actively monitoring and...
 
Parks Associates’ study “ COVID-19: Impact on Seniors, Caregivers, and Independent Living Solutions ”  reveals that nearly 33% of US seniors (ages 65 and older) are considering purchasing an independent living system. This interest follows a trend of increasing technology adoption among the 65+ US population. AI is growing in importance in senior and assisted living environments. With over 70 million baby boomers expected to retire by 2030, combined with increased...

Energy management is growing in importance to businesses worldwide. It is a core component of most corporate initiatives around sustainability or specifically more ESG, which stands for Environmental, Social, and Governance. Companies are examining their business practices and energy usage profiles and identifying ways through which they can reduce their energy usage, reduce their energy spending, transition to renewable and sustainable energy sources, and store and generate energy to...
 
by Elizabeth Parks | Aug. 2, 2022
Tags: energy, smart home, thermostats
Parks Associates’ Future of Video: OTT, Pay TV, and Digital Media is excited to announce MediaKind as a sponsor of the upcoming event. MediaKind is a global media technology leader focused on enabling the delivery of next-generation live and on-demand, mobile and multi-screen media experiences for everyone, everywhere.  MediaKind currently serves over 900 cable, satellite, telecom service providers and broadcasters around the world with end-to-end video delivery solutions...


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@ParksAssociates RT @AdvancedTVNews: The next 12 months could bring some major growth to online-pay TV services, according to @ParksAssociates. via @advance

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