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

Password Sharing: Charter, ESPN, Viacom Lead Crackdown On Giving Friends, Family Passwords

According to an analysis produced by Parks Associates, about one-third of internet users stream cable TV by using the login credentials of someone they don’t live with. The firm estimated that passwor...

The Challenge For Smart Home Companies: Getting A Foot In The Door

But many consumers are leery. News articles questioning the privacy and security of home networks and connected devices, including always-listening smart speakers, have put off potential buyers. The s...

Netflix Subscribers Upgrading To Premium Service Tier

Parks Associates estimates that 30% of Netflix (NFLX) subscribers are getting the premium service tier, up from 21% in late 2017. Meanwhile, the share of subscribers getting the lowest-priced tier has...

Samsung, ADT team up on home security kit, competing with Nest

Only about 22 percent of U.S. homeowners have a professionally monitored home-security system, and most of those have been installed by the companies, said Parks Associates senior analyst Brad Russell...