Connected CE and Platforms

Monday, January 06, 2020

Seventy-seven percent of smart TVs owned by US broadband households are now connected to the internet

CONNECTIONS Summit at CES 2020 spotlights smart TV market, including 8K, screen sizes, and growing role of streaming services for video content 

Ahead of CES® 2020, Parks Associates announced new research showing that more than 70% of US broadband households now own at least one streaming entertainment product and 50% own a smart TV. 360 Deep Dive: Demand and Perception of Connected TVs also reports that 77% of smart TVs owned by US broadband households are now connected to ...read more

Tuesday, November 19, 2019

Over 90% of smart speaker and smart display owners have an OTT subscription

CE Session at Future of Video conference features executives from ActiveVideo, Caavo, Fandango, and Universal Electronics 

Parks Associates research shows more than 90% of smart speaker and smart display owners have an OTT subscription, compared to 72% of all US broadband households. Additionally, nearly 40% of smart speaker/display owners own 12 or more connected CE devices, compared to 22% of all households.

Parks Associates will address the growing video services, scr ...read more

Wednesday, October 30, 2019

71% of US broadband households with smart home devices concerned about cybersecurity

New whitepaper addresses market impact of cybersecurity features in home systems

Parks Associates today released a new whitepaper, Cybersecurity Impact on Smart Home Market Growth, which finds 71% of US broadband households that own smart devices are concerned about cybersecurity. Twenty-five percent of those who do not own smart home devices are also concerned about privacy and security, which prevents them from buying smart devices.

The whitepaper examines the growing ...read more

Thursday, October 24, 2019

DIY/self-installation dominates new networked camera purchases, but video storage offers future revenue opportunities

More than 60% of networked camera owners pay for video storage services

Parks Associates’ Smart Market Product Assessment: Networked Cameras reports 68% of owners self-installed their networked camera in Q4 2018, compared to 49% in Q4 2016. This shift toward DIY options comes as both ease of use and retail availability for this product increase.

Smart Market Product Assessment: Networked Cameras provides a comprehensive analysis of the networked camera market, including ...read more

Wednesday, October 16, 2019

Over two million US broadband households will have a self-monitored security system in 2019

Industry report outlines assumptions, drivers, and inhibitors of residential security market

Parks Associates research estimates new DIY solutions will cause some shifts in the residential security market, as over two million broadband households will have a self-monitored system by the end of 2019. Home Security: Market Sizing and Forecasts notes that 23% of self-monitored systems are fee-based, collecting on average $9 per month in 2019, and 22% also include home control. ...read more

Monday, October 14, 2019

Quality of user interface (UI) more important than content recommendations in video service satisfaction

New study examines consumer preferences related to new UI options

New research from Parks Associates finds 70% of US broadband households with a major video service consider its user interface to be good, with 48% rating it “very good,” and these scores impact their willingness to recommend the service to others. Analysis of consumer responses reveals quality of the UI and the ease of finding content are the most likely factors to drive willingness to recommend a video servi ...read more

Wednesday, September 25, 2019

Smart Home Device Ownership is 28% in the US, 16% in the UK, and 14% in Canada

Research firm to preview trends in connectivity, security, smart home, video entertainment for 2020 in upcoming industry webcasts

International research firm Parks Associates will host three industry webcastsin the coming months, with the first, “Looking Ahead to 2020: Smart Home and Security Trends in Europe and the US,” taking place Thursday, September 26, at 1:00 p.m. CT. This webcast tomorrow will feature consumer data and analysis on key trends in smart home solutions, ...read more

Monday, September 23, 2019

Self-installation of smart door locks increased from 39% in 2016 to 59% at end of 2018

DIY Home Security Tracker analyzes DIY trends in residential security market

New research from Parks Associates’ DIY Home Security Tracker finds smart door lock installation occurs most often by the homeowner, with self-installation increasing from 39% at the end of 2016 to 59% at the end of 2018. As manufacturers launch new and second-generation products, they are trying to balance security with convenience, customization, and expanding use cases, such as voice control and ...read more

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