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By Thomas Rockmann, VP Connected Home at Deutsche Telekom AI (or Artificial Intelligence) has arguably become the buzzword to end all buzzwords. So much so in fact that it is sometimes difficult to pick the facts from the hype, but in spite of the hyperbole, there is much to be excited about. Recent research shows that 25% of households will use digital assistants as the primary interface to connected home services by 2019, and this is certain to be just...
Parks Associates recently published Smart Home, Caregiving, and Aging in Place , an analysis of existing and anticipated independent living needs among people age 50 and older. This was an exciting project to complete, given the significant demographic shifts that are currently occurring in the United States. The U.S. population is greying, which is a trend that will continue for decades, due in large part to the aging of the sizable Baby Boomer generation. The above chart...
Itron and Meritage Homes to keynote ninth-annual Smart Energy Summit in Austin, Texas The research firm announced executives from Itron and Meritage Homes will be keynote speakers at the ninth-annual Smart Energy Summit: Engaging the Consumer , February 19-21 at the Fairmont Hotel in Austin, Texas. Smart Energy Summit focuses on energy efficiency, demand response, and home energy management solutions for consumers as well as crossover opportunities between smart home...
 
by Tom Kerber | Nov. 16, 2017
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Comcast, Nest, Hive/Centrica, eQ-3, DT, and ROC-Connect to discuss IoT, smart home solutions, and consumer engagement at CONNECTIONS™ Summit at CES Parks Associates today announced research showing U.S. broadband households will buy almost 55 million smart home devices in 2020. Currently many smart home devices, including smart thermostats, lights, locks, and networked cameras, are still in the early adopter stage, at adoption levels less than 15% of U.S. households. The...
 
by Elizabeth Parks | Nov. 15, 2017
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Video door bells and voice-enabled speakers are popular smart home gifts Parks Associates’ holiday shopping research shows millennials will lead the smart home and CE purchasing the holiday season, with 46% reporting high intentions to buy at least one device and 36% planning to give one as a gift. The IoT research firm, which surveyed U.S. broadband households on their purchase intentions for this holiday season, found one-third of U.S. broadband households report a high...
 
by Elizabeth Parks | Nov. 14, 2017
Tags: none
As smart home device manufacturers aim to increase consumer appeal for smart home products and services , many are investing in measures to communicate the value of smart home products more effectively and remove the friction associated with making smart home device purchases. Best Buy and Amazon now offer free in-home consultation services for consumers interested in acquiring smart home products. Geek Squad started offering free in-home consultation services for smart...
 
by Patrice Samuels | Nov. 13, 2017
Tags: Internet of Things, smart home
HBO Now, Starz, and Showtime all moved up in the list while Netflix, Amazon, and Hulu maintain top three slots  Parks Associates today released its updated list of the top 10 subscription over-the-top (OTT) video services in the U.S. market , based on number of subscribers. Netflix, Amazon, and Hulu continue to hold the top three slots while HBO Now made a significant move into the top five. Netflix Amazon Video (Amazon Prime) Hulu (SVOD)...
 
by Brett Sappington | Nov. 9, 2017
Tags: none
Parks Associates measures consumer attitudes toward companies that collect and manage their data and privacy and security concerns are an important barrier to overcome. Over two-thirds of consumers prefer to “keep tight control” over access to their data. A similar portion believe it is impossible to keep data private from the companies from which they purchase goods and services. From the article "Consumer Attitudes on Data Security" by Brad Russell.
 
by Parks Associates | Nov. 9, 2017
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