Providing market intelligence for more than 35 years

In The News

Automation key for homeowners to reduce energy consumption

Research from Parks Associates' shows that 91 percent of internet households are actively engaged in reducing energy consumption within their homes. Forty-eight percent report altering their behaviours, while 43 percent report doing recent home renovations to reduce their energy consumption.

"Smart devices and automation solutions complement energy efficient construction and solar/storage systems in the aim to get to net-zero energy consumption," says Jennifer Kent, vice-president, research, with Parks Associates. "Resident behaviour is a big determining factor in achieving net zero, so technology that gives residents the data to monitor their usage and the controls to adjust, coordinate, or automate the appliances and systems in their homes is critical."

Parks Associates' white paper, ‘Building Net Zero Homes with Home Management Systems,’ shows the average internet household has more than 16 connected devices, with 16 percent owning a smart thermostat.

From the article, "Automation key for homeowners to reduce energy consumption" from Home Improvement Retailing

 

Previously In The News

The Caregiving Boom: Where The Job Opportunities Are

Some 117 million Americans are expected to need caregiving assistance by 2020, according to the recently released Caregiving Innovation Frontiers (CIF) study conducted by AARP and Parks Associates. Ye...

More Than Two Thirds Of Smartphone Users Stream Radio Every Week

The research in the report was done by Parks Associates, a “market research and consulting company specializing in emerging consumer technology products and services,” according to its public statemen...

Google's Latest Plan to Take Over Your Living Room

By almost any measure, Chromecast has been a hit. Among dedicated streaming devices, it was the second-most popular in the U.S. in 2014, capturing about 20% of the market according to Parks Associates...

Vinyl Record Sales Are At A 28-Year High

The Biebs is just one of hundreds of artists who will be releasing vinyl albums on Record Store Day. Fans of the recently departed David Bowie will have a chance to get a limited edition pressing of s...