"connected CE" articles

Voice-enabled technologies have experienced massive growth in the consumer market since the introduction of Siri in 2011. The momentum in voice technologies is similar to the Internet boom in the 1990s. Companies who did not get on board and create a web presence, especially in commerce, fell behind to their competitors. The voice-first movement may elicit the same effect. For companies to capitalize on the current market opportunity, they must consider enabling a voice experience with...
Parks Associates is supporting the Saudi Smart Cities Conference, which will take place May 16-18 in Riyadh, Saudi Arabia. The event will explore how to create successful collaboration between public and private sectors, the monetization opportunities that will help boost infrastructure, increase investment, make cities sustainable and improve quality of life for all. With the economic diversification plans in place, key government authorities are focused on providing the best...
The personal assistant device market took off in 2016. Google Home joined Amazon Echo in time for the holiday sales season, and Amazon sold out of its Echo and Tap models in the run-up to Christmas. We expect this market to grow substantially in 2017, with increasing consumer adoption rates and new market entrants. With its announcement at CES  of Hub, a smart robotic personal assistant speaker, LG is the next to enter this space.   To compete with Amazon Echo and...
We recently released a  complimentary whitepaper  examining the top trends in the connected home, health, and mobile industries.  Top 10 Consumer IoT Trends in 2017 , which features insight from Parks Associates’ analyst team, examines key topics driving growth and monetization of the IoT. Wearables and smart watches are expanding as healthcare tools and will be integrated with other IoT applications. The market for smart watches, and for wearables...
With news that Amazon is officially sold out (online) of Echo and Tap products until after the holidays, it looks like the smart speaker with personal assistant technology category has found its legs. Parks Associates forecasts 6 million U.S. sales for the category in 2016, which would double U.S. sales from 2015. Several trends are driving the smart speaker/personal assistant device market. First, consumer familiarity and use with personal assistant software are one the rise,...
2016 has been a significant year for virtual reality (VR) headsets. CE manufacturers have developed models for any household budget. Parks Associates finds that in Q3 2016, 3.5% of U.S. broadband households owned one or more virtual reality headsets. This might seem like a small number; however, compared to Q1 2016, this is a significant increase (2.4% in Q1 2016). As the gifting season is here, many tech news sources are putting together lists of the best VR sets from 2016. Prices...
 
by Tu Skuse | Dec. 21, 2016
Tags: connected CE, digital media, gaming, Google, virtual reality
Ahead of the CONNECTIONS Summit at CES , Parks Associates has released its predictions for the future of IoT in a new whitepaper,  Top 10 Consumer IoT Trends in 2017 . The whitepaper focuses on key industry trends that will impact various markets both in the New Year and well into the future. This new whitepaper is free to download and covers major markets across the Internet of Things, including smart home, healthcare, digital media, connected cars, wearables, and...
According to Parks Associates research, 63% of U.S. broadband households are not familiar or know nothing about virtual reality (VR), leaving a wide opportunity for industry players to educate and market these new products and services. Currently, only 3.5% of U.S. broadband households, or roughly 3.4 million households, own a VR headset. However, a new market snapshot by Parks Associates shows experience is key for wider adoption VR headsets. Consumer Strategies and Use Cases for...

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