Connected Home Systems and Services

Tuesday, September 20, 2016

Consumer demand for smart home safety alerts increasing

Research firm to present webcast on impact of IoT on U.S. and European insurance industries

An upcoming webcast from Parks Associates will examine the opportunities for insurance companies to leverage smart home solutions to help avoid costs, mitigate damage, and increase customer value and satisfaction. New research from the firm reveals more than one-half of U.S. broadband households find an IoT device that alerts them to smoke and fire highly appealing and 41% find a device that sends ...read more

Monday, September 19, 2016

Adoption of smart home devices in Western Europe trails the U.S.

Parks Associates President to present global IoT research insights at Smart Home Summit London

IoT research from Parks Associates shows the adoption of smart home products is significantly lower in Western Europe compared to the U.S., where 19% of broadband households reported ownership of these products in Q4 2015. The U.K. has the highest adoption among all Western European countries, with 13-16% owning smart home devices, compared to 10-13% in France and Spain. Overall adoption in ...read more

Tuesday, September 13, 2016

Parks Associates to present home systems and audio research at CEDIA, September 14-15

Parks Associates, a leading international IoT research firm, will discuss new data on high-end audio and home systems at CEDIA EXPO 2016, September 14-15 at the Kay Bailey Hutchison Convention Center in Dallas, Texas.

“Both high-end audio and smart home systems are pushing into the mass market in 2016, and these CEDIA sessions will examine the impact of new sales channels and the role of traditional custom installers,” said Barbara Kraus, Director of Research, Parks Associates. “We ...read more

Tuesday, September 06, 2016

Parks Associates releases new industry report on security and smart home in Europe

U.S. has more than twice as many home security systems as Western Europe

Parks Associates today announced the release of a new industry report that addresses the state of home security and smart home offerings in Europe. State of Residential Security and Smart Home in Europe analyzes the many issues that challenge companies seeking a piece of the European marketplace for security systems and adjacent smart home products and services. The research report also profiles the European ...read more

Tuesday, August 02, 2016

38% of U.S. broadband households very likely to buy smart home device in 2016

Research firm examines new players, role of insurance industry, market trends, and new partnership and business models in IoT

A new industry report from Parks Associates reveals 51% of U.S. broadband households find an IoT device that alerts them to smoke and fire highly appealing and 41% find a device that alerts them to a water leak to be highly appealing. IoT: Smart Home Business Models notes these smart home use cases would benefit insurance companies in both saving costs and adding ...read more

Monday, July 18, 2016

More than 50% of U.S. broadband households will have a smart home controller by 2020

Research firm’s NUMBERS™ service provides forecasts for sales and adoption of smart home controllers, IP cameras, and home security for the U.S., Europe, and Asia

Parks Associates today announced three new NUMBERS™ products focused on key IoT categories, including U.S. and global forecasts for IP cameras, home security, and smart home controllers through 2020. The firm estimates nearly 24% of U.S. broadband households will have an IP camera by 2020, while more than 50% will ...read more

Friday, June 24, 2016

Less than 30% of U.S. broadband households familiar with where to buy smart home products and services

Research firm finds TV and Internet as the leading marketing channels to drive smart home awareness

IoT research from Parks Associates shows less than 30% of U.S. broadband households are familiar with where to buy smart home products or services. Among these households, nearly 40% prefer to purchase these products at retail outlets, particularly home improvement stores.

“In addressing the low consumer awareness for smart home solutions, all players have ample opportunities to make ...read more

Wednesday, June 08, 2016

Parks Associates: Almost 50% of smart home devices are self-installed

Analysts to Address Security Dealer Trends and Opportunities at ESX This Week

Parks Associates announced research today at ESX (the Electronic Security Expo) showing wireless home security sales are increasing, as almost one-half of home security owners in the U.S. have a home security system that connects wirelessly to sensors. The market research firm’s leading security analysts will discuss the findings during two sessions at ESX in Fort Worth this week.

“The emergence of ...read more

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