Providing Market Intelligence for 40 Years

Investor's Business Daily

Smart home systems a no-brainer for growth, researchers say

Separately, research firm Parks Associates on Thursday said nearly 4% of U.S. households will have a smart home controller by year's end, rising to nearly 6% in 2015. Such devices can control lighting systems, garage door openers, networked security cameras and programmable thermostats.

"The majority of smart devices installed today were acquired as part of a security or home controls system deployed by providers such as ADT, Comcast or AT&T," Parks Associates analyst Tom Kerber said in a press release. "However, consumers are starting to buy individual products such as smart programmable thermostats and smart smoke detectors in greater numbers and install them as stand-alone devices — but with the expectation that these new devices will interact with all existing and future devices in the home."

From the article, "Smart home systems a no-brainer for growth, researchers say" by Patrick Seitz.

Previously In The News

Home Network Growth Spurs Technical Support Market

By 2016, 95% of all U.S. households with high-speed Internet service will also be equipped with home network routers, creating a market for technical assistance, says research firm Parks Associates...

Sony PlayStation 4 seen outselling Microsoft Xbox One

A survey of U.S. consumers by Parks Associates found that 36% of likely game console buyers plan to purchase Sony's PS4, compared with 27% for Microsoft's Xbox One. The next-generation game con...

Average U.S. home has 2 streaming video devices

Last week, research firm Parks Associates said Roku is the leader in digital media streamers, accounting for 29% of sales in the first three months of 2014. It said Google Chromecast (20%) supplant...

Retailers Pushing Smart Home Devices To Mass Market

Best Buy (NYSE:BBY) and other retailers this holiday season are pushing smart home devices closer to mass-market adoption, Parks Associates said in a report Thursday. Multiple retailers have ex...

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