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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Parks Associates released findings in October estimating that 46 percent of U.S. Millennials with smartphones use voice recognition software, while a separate report from TiVO indicated 43 percent of...

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About Parks Associates

2.5m European households to have smart home controller

Previously In The News

Report: Connected Home Consumers Want Data Security Support

Voice Commands, Personal Assistants the Next Frontier for Device Interactions, Gartner Predicts

Broadband Growth Slowing After COVID-19-Driven Surge: Parks

Where’s the antenna support on streaming-TV boxes?

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