Wednesday, August 24, 2022

Acquisitions Drive Growth, Brand Equity For Smart Home Companies, says Parks Associates

New Parks Associates research in the firm’s Smart Home Tracker found that smart home mainstays are strengthening their offerings by acquiring smaller companies with deep expertise.

Parks Associates’ Smart Home Tracker provides insights into the competitive landscape of the smart home market through analysis of key industries in the smart home space as well as market shifts and player announcements on an ongoing basis.

“By acquiring First Alert, Resideo added a very well- more

Tuesday, July 19, 2022

Parks Associates On Smart Thermostat Trends

Parks Associates has revealed that their Smart Thermostat Market Assessment has found that 29% of US internet households plan on purchasing a smart thermostat in the next six months. The research concludes that adoption of smart thermostats has been flat for several years, despite owners reporting savings that meet or exceed expectations.

Parks Associates hosted Home Energy Management Solutions: Driving Energy Savings as part of the 13th annual Smart Energy Summit: Engaging more

Tuesday, April 26, 2022

Research: Sony’s Share Of Smart TV Purchases Grew In 2021

Parks Associates shares its latest Consumer Insights Dashboard, which tracks adoption, purchases, and demand across most common consumer electronics products

“Samsung continues to lead smart TV adoption, and it currently comprises over one-fourth of all consumers’ primary smart TVs in the U.S.,” says Paul Erickson, director, research, Parks Associates. “While smart TV adoption is at all-time highs, there may be short-term saturation and conservatism in effect while consumer more

Monday, November 22, 2021

Research: Parks Associates Explores Consumer Adoption Of Energy Management Solutions

A new white paper from Parks Associates, Home Energy Management: Driving Consumer Engagement and New Revenue, reveals 20 percent of U.S. broadband households report the Covid-19 pandemic has increased their interest in smart energy solutions that can help them manage their energy use, cost, and comfort.

“A variety of factors influence whether or not consumers adopt and use a specific solution, including ease of use, timeliness of information, and context,” says Patrice Samue more

Monday, November 08, 2021

Parks Associates Releases Smart Home Research For Property Managers

New from Parks Associates, Smart Home & MDUS: The Property Manager View is a comprehensive and deep analysis of latest perspectives from property tech managers and developers on smart products. In the multifamily sector, adoption of smart home technology is accelerating as developers and owners are persuaded by dual business cases: operational efficiencies and increased rental revenue driven by improved tenant acquisition and retention.

From the article "Parks Associates Rel more

Monday, May 10, 2021

Sensory Powers New Voice-Enabled Farberware Microwaves

“Smart appliance adoption is growing among US broadband households. Thirteen percent of US broadband households now own a smart appliance and smart microwaves are a leading category. Voice control is a highly-valued feature for smart appliance owners, with more than one-fifth of those who own or intend to purchase various smart appliances rating voice control as one of the most appealing features of the appliance,” said Patrice Samuels, senior analyst, Parks Associates.

From more

Thursday, March 28, 2019

Homes Now Have 10+ Connected Devices: Parks Associates

"Interoperability continues to be a leading challenge for the smart home industry," said Chris O'Dell, Parks research associate. "Nearly 75 percent of consumers who intend to purchase a smart home device in the next year report that the ability for that device to work well with other devices is an important factor in their purchase decision. This challenge intensifies when consumers purchase stand-alone devices at different times, from different brands, rather than purchasing sm more

Friday, October 26, 2018

PowerHouse Alliance Distributor Members Invite Dealers to Automation, Security, AV Training and Events this November

According to Parks Associates, consumers are struggling with rising technical issues brought on by DIY smart home devices. This struggle opens up opportunities for the professionally installed smart home, and thus dealers must stay on top of the latest brands, products, and installation best practices for home automation.

From the article "PowerHouse Alliance Distributor Members Invite Dealers to Automation, Security, AV Training and Events this November."

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