Register

I agree with the Privacy Policy

Business Insider

The smart home market is still young, but people are already clamoring for the devices

June 22, 2015

For these reasons, interest in connected home devices and uptake is on the rise:

In the US, nearly two-thirds of households that use broadband internet are interested in a connected-home device bundle from their wireless service providers, according to fourth quarter 2013 survey data from Parks Associates.
That amounts to roughly 60 million households in the US alone among 91 million total US households with broadband.
As prices decline over the long run and consumers become more familiar with connected-home devices overall, expect smart-appliance growth to accelerate. That said, smart appliances will remain the smallest piece of the connected-home device market throughout the forecast period.

From the article "The smart home market is still young, but people are already clamoring for the devices" by Tony Danova.

Previously In The News

What The Future Of Music Discovery Looks Like

Meanwhile, social gaming revenues are expected to grow to $5 billion by 2015 (Source: Parks Associates, “Social Games: Market Updates,” April 2011). From the article, “What The Future Of Music...

People Are Barely Using The iPhone 4S's Assistant, Siri

iPhone 4S users are using Siri, the Wall Street Journal reports, citing a forthcoming survey of 482 iPhone 4S users by Parks Associates. However, usage of Siri appears to be pretty limited. Sir...

We Need More Women In Tech: The Data Prove It

Across the technology sector there is a major disparity between men and women. According to a report by Parks Associates, more women than men are downloading movies and music; women do the majo...

Two In Five Americans Will Use Mobile Wallets By 2017

That comes out to 40 million Americans, according to Parks Associates. The market research firm forecasts that this number will grow 183% to 113 million, or 43% of smartphone owners, by 2017. O...

1
2
›