Providing market intelligence for more than 35 years

IPTV News

Study reveals strong European appetite for smart home

According to new research from Parks Associates, one in four broadband households in the UK, Spain and Germany find at least one smart home device “very appealing.”

Among European broadband households, 17% in Germany, 22% in Spain, and 24% in the UK find a smart thermostat very appealing. However, EU households overwhelmingly prefer systems over individual devices, so interoperability will be a key challenge alongside building consumer awareness.

“Smart home adoption in Europe can be maximized by offering consumers both individual devices and systems that include multiple devices,” said Stuart Sikes, President, Parks Associates. “Creating attractive and easy-to-use smart devices such as smart thermostats can be an easy entry point for consumers, service providers, and equipment manufacturers, but companies need to ensure their offerings are interoperable and expandable in order to fit within the larger smart home system.”

From the article "Study reveals strong European appetite for smart home" by Thomas Campbell.

Previously In The News

Streaming sticks expected to help fill 2014 Xmas lists

New analysis and insights from Parks Associates predict smart watches and connected entertainment devices, including game consoles and streaming media devices, will be the most popular gifts for th...

Over half of US smart TV owners now hooking up their set

Smart TVs are going from strength to strength in the US, according to new research from Parks Associates, which finds that connection rates and consumption of online video through the devices are b...

Research: 29% of US broadband users watch video on their phone monthly

While attending Mobile World Congress this week, Parks Associates released mobile industry research showing roughly 29% of U.S. broadband users watch video on a mobile phone monthly, with the avera...

OTT password sharing costs industry $500 million

OTT video service credential sharing will cost the industry $500 million in direct revenues worldwide in 2015, according to new research from Parks Associates. The report shows 6% of US broadba...