In The News

2.5m European households to have smart home controller

September 28, 2015

In Europe, a US based IoT market research and consulting firm Parks Associates has forecast that 2.5 million western European households will have a smart home controller by 2019.

Stuart Stikes, president at Parks Associates attributes the forecast to the growth in smart homes.

He says: “Smart home systems will need the flexibility to deliver multiple value propositions within the household. Interoperability is necessary to achieve recurring revenue models as it enables devices to deliver a broad array of value-added services and features."

From the article "2.5m European households to have smart home controller" by Amy Ryan.

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About Parks Associates

2.5m European households to have smart home controller

Previously In The News

Streaming Service Stacking Continues; OTT Providers Face Challenges in Growing Market

Smart home market still small in Europe, but with many players pushing it forward adoption will rise

Could a Button for Improved AI on Galaxy S8 Help Samsung Move Past Its Recent Stumble?

Fitbit Buys Smartwatch Pioneer Pebble Amid Wearables Shakeup

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