"smart home" articles

Smart home devices, smart appliances, and energy systems are increasingly integrated into residential energy management programs. Smart thermostats, the most adopted category of smart home products, have created opportunities for utility energy efficiency and demand-response programs while solar, batteries, and clean energy services will leverage smart home technology in the future. Parks Associates’ 2020  CONNECTIONS™ Community  is a virtual conference series and...
 
by Parks Associates | Jul. 29, 2020
Tags: CONNECTIONS, energy, smart home
Parks Associates launched the  CONNECTIONS™ Community  in 2020 as an online conference and networking experience focused on the connected home and IoT industries.  The CONNECTIONS™ Community  will host multiple special networking events over the next three months, leading up to the main virtual conference on November 10-12, which will bring together industry leaders to network and discuss the growing smart home market. Ahead of the event, Mitch Klein,...
 
by Parks Associates | Jul. 23, 2020
Tags: CONNECTIONS, COVID-19, smart home
Parks Associates’ 2020 CONNECTIONS™ Community is a virtual conference and networking experience focused on the connected home and IoT industries. The CONNECTIONS™ Community will host six exclusive networking events over the next three months, leading up to the main virtual conference on November 10-12, which will bring together industry leaders to network and discuss the growing smart home market. The CONNECTIONS Community’s first online experience is the MDUs in Focus:...
Smart major appliances emerged in the US market in 2011. However, like smart home devices, adoption rates for different categories of smart appliances remain fairly low. Eleven percent of US broadband households report owning a smart appliance. Smart refrigerators, clothes washers, and smart microwaves have highest adoption. Adoption barriers such as high prices, perceived poor value proposition, slow replacement rates, and limited product availability restrain growth in these...
 
by Patrice Samuels | Jun. 24, 2020
Tags: smart home
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
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...
35% of consumers report experiencing a data privacy or security issue in the past 12 months. Consumers need seamless security solutions that can protect any device, against any threat, anywhere. However, security and privacy solutions are typically fragmented and cumbersome, leaving consumers exposed in one or more of these areas. Consumers today have different solutions, or no protection, across laptops and mobile devices and for their children, home network, and public networks....
Home services providers of all types have rapidly adapted to COVID 19 limitations and challenges in a variety of ways. These adaptations have short-term, mid-term, and long-term implications for how companies and consumers will think about and plan for delivery of services in the future. In the short term, service providers have adopted a variety of strategies to keep employees and consumers safe, served, and informed: Some, such as Comcast Xfinity Home, have suspended...

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