Analyst Blog
As connected technology continues to evolve and mature, device manufacturers and providers are shifting their focus beyond young, affluent consumers to another rapidly growing segment of the population – seniors. By the year 2030, people over the age of 65 will comprise 20% of the population in the US. Parks Associates research shows that almost 90% seniors express a desire to live in their own home for as long as possible, and connected health technology and independent living...
During Apple’s September 10 th keynote event, several revealing announcements were made. As expected, Apple offered improvements and fresh products to nearly every category of its device lineup, including the next generation of mobile devices and flagship services. However, the most...
Amazon recently announced plans to disconnect Dash buttons from the internet. Initially launched in 2015, Dash buttons are small buttons associated with specific products. They allow Amazon Prime members holders to reorder more of the associated product by simply pressing the button when...
Parks Associates research shows that 17% of heads of US broadband households are people age 65 or older, and 20% are a current or future caregiver. However, seniors and their caregivers are not typical demographics of focus for consumer technology companies, and healthcare ecosystem players...
In 2018, existing smart home households drove the market by expanding their adoption of devices. Households already owning at least one smart home device continued to purchase more devices, bringing the average number of devices in these households to six units compared to 3 devices in 2016....
by Parks Associates | Sep. 3, 2019
Tags: connected CE, energy, home automation, home safety, voice control, Webcast
Tags: connected CE, energy, home automation, home safety, voice control, Webcast
The recent rise of insurtechs has spurred modernization in the fundamentals of insurance, including policy creation, underwriting, and claims management. Insurtechs, such as Hippo and Lemonade, have implemented AI and data analytics to provide quick and accurate quotes to their customers...
by Chris O’Dell | Sep. 2, 2019
Tags: big data, insurance, Internet of Things, personalization, smart home
Tags: big data, insurance, Internet of Things, personalization, smart home
As leading companies in the ride share space continue to look for ways to invest in the non-emergency medical transportation market, Uber recently announced a partnership between its healthcare business and American Logistics Company, a transportation management company based in California....
From a consumer perspective, the idea of video entertainment is simple: watch something that is engaging and interesting. While several differentiating factors impact consumer selection , such as ease of use, pricing and promotional value, and platform availability, the type of content...
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