Providing market intelligence for more than 35 years

In The News

Getting smarter about temperature control

The number of connected households that have smart thermostats more than doubled in the past two years, according to market research firm Parks Associates. With 36 percent of broadband-using households interested in a system that manages and monitors their home energy use, Parks Associates predict that half of all American homes will be smart homes by 2020.

Energy consumption starts with the overall heating and cooling equipment; thermostat watts are just a small portion of energy consumption. Purchasing home automation products designed and manufactured to work with the homeowner's specific comfort system is the best way to maximize performance and energy savings. And, homeowners should start with buying energy-efficient equipment.

From the article "Getting smarter about temperature control."

Previously In The News

Parks Associates: 60% of New Security Systems Are Self-Installed

Data from Parks Associates’ recent DIY security research suggests a sharp rise in self-installed security systems in the last few years. From the article "Parks Associates: 60% of New Security Syst...

Top 5 Home Tech Trends and Opportunities for 2017: From Voice Control to VR

Parks Associates research indicates 40 percent of U.S. smartphone owners use voice-recognition software, generally eclipsing the use of phones for streaming music to speakers or video to a second scre...

DIY Security, Home Automation: What’s a Pro to Do?

One chief reason for the meteoric rise in DIY competition, of course, is market penetration — read: the historical lack thereof. According to the latest Parks Associates research, 75% of U.S. househol...

Why MDUs Are Helping Expand the Smart Home Market

Parks Associates estimates that 30% (36 million households) of U.S. broadband households live in MDUs, 66% (79.5 million households) live in single-family homes and 4% (4.8 million households) report...