In The News

Beacons and Smart Homes: It's All About the Value

December 03, 2015

The number of smart home products owned by consumers increased more than 50% over the last year, according to a new study by Parks Associates. Growth is projected to continue, with 43% of U.S. households that have broadband planning to purchase a smart home device in the next 12 months.

But the drivers of those purchases are likely to be practical and priced right.

A different study, by The Demand Institute, found that 88% of consumers see a smart home as being too expensive and only 23% said they had at least one smart device in their home.

From the article "Beacons and Smart Homes: It's All About the Value" by Chuck Martin.

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About Parks Associates

Beacons and Smart Homes: It's All About the Value

Previously In The News

What’s Driving The Growth Of Connected Health Devices?

PayPal, Starbucks top consumers' mobile payments preferences, study says

Research: over 50% of U.S. broadband households stream content on TV screens

Study: IoT Users May Become Comfortable With Sharing Device Data, For A Price

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