Connected Home Systems and Services

Tuesday, July 09, 2019

79% of consumers are concerned about data security or privacy issues

New consumer and industry research addresses data privacy, smart lighting, video doorbells, and the impact of AI on the smart home

Parks Associates recently released new research focused on consumer privacy concerns, AI technologies in the smart home, and the smart lighting and video doorbell markets. The firm’s consumer research finds safety and security are the leading value propositions for the smart home and 79% of US broadband households are concerned about data securit ...read more

Tuesday, June 25, 2019

43% of US broadband households intend to purchase a smart home device in 2019

Consumer research examines new channels for smart home solutions through home builders, new construction, and multifamily homes

New research from Parks Associates explores the opportunity for home builders and MDUs as channels for smart home solutions, as 25% of US broadband households perceive a “move-in-ready house” would include smart home devices. My Next Home: Demand for Smart Homes and Smart Apartments reports that despite device ownership flattening in 2018, purchase ...read more

Thursday, June 20, 2019

LPWAN technologies emerging in smart home, health monitoring, pet/asset tracking, and other IoT use cases

Industry report highlights the opportunities in healthcare, smart home, and connected cars for LPWAN

A new research report from Parks Associates finds the combination of low power, wide range, and other interesting features makes LPWAN (low-power wide-area networks) an ideal solution for consumer IoT applications. Opportunities for LPWAN in the Consumer IoT analyzes leading LPWAN technologies and their consumer use cases for healthcare wearables, smart home, asset/pet tracki ...read more

Tuesday, June 18, 2019

New research addresses strategies of the major smart home platforms

Industry report reviews strategies of major smart home platforms in consumer electronics and security industries 

A new Parks Associates research report notes adoption of connected point solutions and the advent of smart speakers will drive demand for platforms to coordinate and centralize control of smart home products and capabilities in US households. Race to Control the Smart Home Ecosystem: Attracting Partners reviews the strategies of major smart home platforms in the ...read more

Friday, May 24, 2019

Significant change in rates for installation methods indicates DIY is on the rise

New research shows impact of DIY and smart home on competition, channels, and value-added services for home security market

New research from Parks Associates reveals at the end of 4Q 2018, 28% of US broadband households reported the presence of an active security system, up from 26% in 4Q 2017, with 24% having professional monitoring. Connected Trends & Disruption in Home Security reports that 52% of households that are highly likely to purchase a security system in the nex ...read more

Tuesday, May 21, 2019

Sales of connected consumer devices to exceed 520 million units by 2022

Parks Associates today released the new whitepaper Open for Business: Future Flexibility for Smart Home Services, which forecasts sales of connected consumer devices will exceed 520 million units by 2022, including networked cameras, security systems, and connected health devices. The whitepaper, sponsored by Calix, presents the opportunities emerging from this wealth of residential devices and details strategies for service providers to operate in the smart home market in ways ...read more

Thursday, May 09, 2019

37% of smart home owners use smart speaker to control their device

Parks Associates workshop at BUILDER’s Housing Leadership Summit addresses impact of smart home technology on new home construction  

New research from Parks Associates shows the percentage of smart home device owners who use a smart speaker to control their connected products has catapulted from 17% in 2017 to 37% at the end of 2018. The leading smart home technology research firm will host a workshop at the BUILDER’s Housing Leadership Summit featuring new consumer data an ...read more

Thursday, April 04, 2019

New professionally monitored subscribers spend $5 more per month on their services than average security households

Security research from Parks Associates finds consumers who bought their home security system in the past 12 months spend $55 per month on average for their monitoring services, $5 more than the average cost among all security households. 360 View: Residential Security attributes the increase in RMR (recurring monthly revenue) among new subscribers to an increasing adoption rate of home controls and interactive services.

Dina Abdelrazik, Senior Analyst, Parks Associates, wil ...read more

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