Providing Market Intelligence for 40 Years

In The News

Thermostat Wars: With Help From Apple HomeKit, Ecobee Takes Number Two Place Behind Nest

In the nascent connected home industry, startups now have the choice to tie up with platforms from either Apple AAPL +0.00% or Google GOOGL -0.30%. And going with Apple can make a big difference — that’s at least according to smart thermostat-maker Ecobee.

In July, the Toronto, Canada-based startup released a version of its $250 Ecobee3 thermostat certified by Apple to work with HomeKit, the iPhone maker’s program for syncing up smart home gadgets in iOS. Becoming a HomeKit-certified device has resulted in a major jump in sales for the company. Retail sales have doubled from August to September and then are expected to triple by October, the company said. And to keep up with sales growth, the company’s employee count has grown 20% since July and is now at 120 employees.

Ecobee wouldn’t say how many units it’s now sold, but it’s clearly doing quite well. In the past year, Ecobee has become the second best selling Internet-connected thermostat in the U.S., with 24% of the market, according to research firm NPD. Around four million smart thermostats units will be sold in the U.S. this year, based on estimates from research outfit Parks Associates, and so that pegs Ecobee at selling close to one million thermostats in 2015. Not bad for such an early market.

From the article "Thermostat Wars: With Help From Apple HomeKit, Ecobee Takes Number Two Place Behind Nest" by Aaron Tilley.

Previously In The News

Nearly 50 Percent Of U.S. Broadband Households Used A Voice-Activated Digital Assistant in 2017

“Innovations such as voice have resonated with consumers, quickly creating new opportunities for companies to leverage voice as a user interface within the consumer IoT,” said Elizabeth Parks, SVP, Pa...

A Comeback For TV Antennas S

In fact, since 2013, the percentage of broadband households in the nation using only antennas to watch linear TV has jumped from 9 percent to 15 percent, according to data released this month by Parks...

Study Explains Why Facebook Needs To Work Faster To Stop The Flow Of Fake News

As Facebook CEO Mark Zuckerberg published his manifesto outlining the company’s ongoing commitment to filter out false news and hoaxes without undermining free speech, the findings from a new study by...

How many video devices do you have? About seven, survey finds

According to Parks Associates, nearly 40 percent of U.S. broadband households are watching multiple streaming services like Netflix, Amazon Prime and Hulu on those devices. With high numbers of str...

Phone:
972-490-1113
Mailing Address:
2301 West Plano Parkway, Suite 210, Plano, TX 75075
Expertise
Smart Home: Management and Safety Consumer Electronics Connected Health and Wellness Connectivity and Mobility Small-to-medium Business (SMB) MDU
Services
Research Memberships Visibility Memberships Streaming Video Tracker Smart Home and Security Tracker Broadband Market Tracker Channel Analytics
Events
CONNECTIONS™ CONNECTIONS™ Summit/CES Smart Energy Summit Connected Health Summit Future Of Video Smart Spaces
Resources
Press Releases Analyst Blog Parks in the News
Store
View Your Cart
About Us
Overview Team Contact Us Privacy Policy

Follow:

© 2023-2026 Parks Associates. All Rights Reserved. Privacy Policy

Design & Developed By Agency Partner Interactive