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As many states start to loosen shelter-in-place mandates, industry players are trying to understand the impact of the global pandemic on their respective markets. The COVID-19 pandemic and its economic impact are still largely evolving, and the industry and market response will continue to evolve as well. We have seen a limited number of new smart home product releases in Q1 2020. This could indicate that smart device brands are operating their businesses conservatively as they...
 
by Patrice Samuels | May. 22, 2020
Tags: Internet of Things, smart home
Beyond rev-share terms for HBO Max, holdouts like Roku and Amazon — which together had 69% market share of U.S. OTT households in early 2019, Parks Associates estimated — are objecting to WarnerMedia’s push to have current HBO customers switch to HBO Max apps. That would mean current HBO customers who get the service through the Roku Channel or Prime Video Channels will be forced to move to the HBO Max app to get the expanded bucket of content — and thus leave the Roku and Amazon...
 
by Parks Associates | May. 21, 2020
Tags: none
Industry report examines device and technology platform strategies for large players Amazon, Apple, Comcast, Google, Roku, Samsung, and Sony New research from Parks Associates finds 67% of US broadband households own and use at least one internet-connected video device, either a smart TV, streaming media player, internet-connected gaming console, or connected PVR/DVR. The firm’s Connected Entertainment Ecosystems: Competition & Cooperation notes that these devices get...
 
by Kristen Hanich | May. 19, 2020
Tags: none
Parks Associates’ Connected Health Summit: Independent Living and Wellness is a three-day executive conference focused on the impact of connected devices and IoT healthcare solutions on consumers at home. Ahead of the event, Rob Schneider, Vice President of Sales and Marketing at OMRON and a member of the event's advisory board, shared his thoughts on what healthcare looks like in a crisis with the Parks team: 1. Telehealth and telemedicine solutions have been thrust to the...
Parks Associates and PSA Certified highlight importance of device security and standard frameworks in industry webinar  Parks Associates research reveals 41% of US broadband households are concerned about hackers getting access to their devices. With concerns higher among households without smart home devices, these fears could contribute to reluctance among consumers to purchase these devices. The international research firm will address the importance of establishing device...
 
by Parks Associates | May. 14, 2020
Tags: none
Industry research identifies new use cases in energy, health, security, and smart home for professionally monitoring services in the connected home Research firm Parks Associates forecasts total professional monitoring revenue for the US residential security sector will total $15.74 billion in 2020, with smart home services accounting for $1.2 billion. IoT: Extending Professional Monitoring for New Revenue   addresses how innovative companies are driving new revenue by...
 
by Brad Russell | May. 12, 2020
Tags: none
NBCUniversal and other entertainment giants are looking to establish new premium video-on-demand business models — and making waves by challenging the traditional theatrical release window in the process, in some cases. Some new data from Parks Associates offers more context as to the opportunities behind this push. In this year’s first quarter, 14% of U.S. households with broadband reported using transactional video-on-demand (TVOD) within the past 30 days — up by 5...
 
by Parks Associates | May. 12, 2020
Tags: none
Security industry watchers have anxiously awaited Q1 earnings calls to see how market leaders fared as a robust start to 2020 hit COVID-19 headwinds in March. A strong 2019 resulted in 31-32% of US broadband households owning a working security system, up a substantial 5% points over 2018. Eight-eight percent of security system owners have professional monitoring, according to a Q4 2019 Parks Associates study. The view from the top, thus far, is that the residential security...

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