"security" articles

Smart home device ownership tripled between 2014 and 2018, and households utilizing smart home technology now own an average of six devices. As the number of connected devices in the household increases, so does the consumer’s risk of exposure to a data privacy breach. That risk is amplified by devices like smart speakers with voice assistants (Amazon Echo, Google Home, etc.), which collect massive troves of data, while device manufacturers potentially harness that data without...
The smart home starts at the front door, with devices like smart door locks, networked cameras, smart garage door openers, and video doorbells representing not only a foundation for security solutions but also access points for a future world of services, including in-home and in-garage delivery, home rental solutions, pet and cleaning services, and much more. Parks Associates research shows video doorbells lead in adoption among the three primary access control devices. At the...
Subscription-based business models cross a number of different industries with companies offering a product or service for a recurring fee. While these models offer a strong value proposition in hopes of an improved customer experience, the plethora of subscription-based offerings in the market offer the potential for subscription fatigue. However, Parks Associates research suggests consumers are not only willing to pay for a subscription—they are willing to pay for multiple services,...
 
by Dina Abdelrazik | Jun. 17, 2019
Tags: security, smart home
Prior to Parks Associates’ 23rd-annual CONNECTIONS: The Premier Connected Home Conference, Arsham Hatambeiki, Senior Vice President, Product & Technology, Universal Electronics Inc. spoke with the firm’s analyst team to his thoughts on connected entertainment and smart home ecosystems. Arsham participated on the Connected Entertainment and Smart Home: Bridging Parallel Ecosystems panel on Thursday, May 23, at 11:15 AM. Panelists who joined him on this session included:...
Last weekend, the New York Times reported that Apple removed or restricted 11 of the 17 most downloaded apps that help consumers manage the time they spend on devices (screen-time tracking apps) and apps that provide parental control. The removal of these apps comes on the heels of the launch of Apple’s new Screen Time feature, which the company launched as part of iOS 12. Apple’s Screen Time feature has functions similar to the apps that the company removed or restricted from the...
 
by Patrice Samuels | May. 6, 2019
Tags: Apple, security
Currently, 25% of U.S. broadband households that do not own a smart home device and do not plan to purchase one will not purchase these products due to security and privacy concerns. Addressing consumer privacy and security concerns is a key issue for the industry and Parks Associates At the 23rd-annual CONNECTIONS: The Premier Connected Home Conference, Parks Associates and key industry leaders will explore new opportunities for service providers as well as current attitudes on data...
Self-installed security solutions have the potential to significantly lower the cost of security, create new monitoring use cases, and, in doing so, expand the market beyond the traditional 20-25% of US households that have professionally monitored security. Parks Associates estimates, conservatively, that DIY security systems and no-contract, hybrid monitoring solutions enabled by DIY security will expand professional monitoring services to an additional 5% of US households....
 
by Dina Abdelrazik | Apr. 22, 2019
Tags: security, smart home
Consumers of connected entertainment products and services are enjoying an unmatched period of choice. The number of connected devices per household has almost doubled in the last decade, providing consumers with viewing options from large screen smart TVs to handheld devices such as smartphones. OTT service providers continue to disrupt the pay-TV market with over 200 services offered , a 37% increase since 2016. Each new connected device and service increases consumers’...
 
by Craig Leslie | Apr. 10, 2019
Tags: Facebook, security

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