In The News

According to Parks Associates, a leading provider of market intelligence, 17 percent of consumers plan to buy a smart kitchen appliance in 2016.

As smart appliance technology continues to evolve and become the norm, the future looks toward a truly interconnected home where you not only communicate with your kitchen appliances from afar but all of your major appliances communicate directly with one another. A fully integrated smart home has the potential to maximize efficiency even ...read more

A survey of 1,250 U.S. adults from Coldwell Banker Real Estate and Parks Associates found 71 percent want “a move-in ready home.”

Now 45 percent of those polled said move-in ready could mean new construction. And new-home sales nationally are at their highest in nearly a decade.

For existing homes, pollsters found “move-in ready” condition was boosted by updated heating/cooling (according to 85 percent of those who wanted move-in ready living); updated kitchen and bathrooms ...read more

According to a recent report by researcher Parks Associates, internet video subscribers have increased 12 percent in two years, despite a growing number of users sharing passwords. Revenues are expected to double to $30 billion worldwide by 2020. Netflix is still the largest provider, but others are also adding to the growth. Hulu, for example, is phasing out free subscriptions.

From the article "Layer3 TV’s Premium Service Coming To Denver “Soon,” Says CEO" ...read more

Harry Wang, senior director of research for mobile and health at Parks Associates, agrees that the “gap between smartphone camera and DSLR is shrinking,” and that Apple has further narrowed whatever space remains with the software updates it unveiled alongside the iPhone 7 Plus release. While the phone lags behind high-end DSLRs in areas like optical zoom and depth of field, Wang wrote in an email, “users of entry-level DSLR cameras would be thrilled to trade bulkiness for ...read more

The number of over-the-top subscriptions has ramped up by 12% over the last two years. That’s the finding of a new research study from Parks Associates reporting that consumer adoption of services like Netflix and Hulu has increased since the third quarter of 2014, even though password sharing is also up.

Some of this growth comes from Hulu’s change to a subscription-only service, but even the number of OTT video subscriptions is expected to continue to jump through the end of 2016, ...read more

A new research from Parks Associates shows that 62% of U.S. car owners would prefer to bundle vehicle data charges with their mobile data bill, while only 12% prefer a direct billing relationship with the auto OEM.

From the article "US Car Owners Prefer Bundling Connected Car and Mobile Data Bills, Says Parks Associates" by www.thefastmode.com

Each year CEDIA conducts its Size and Scope of the Residential Electronic Systems Industry Survey to analyze the size of the industry and identify market trends. In 2016, the average system integrator is projecting 17 percent growth with estimated revenues at $2.5 million; CEDIA and research partner Parks Associates takes a more conservative view, estimating a 7-10 percent rate of growth in 2016, equating to revenues of $2.3 million. 

From the article "2016 Size and Scope ...read more

In the U.S., Apple is king, garnering about 40% of the market share, according to a report by Parks Associates. "Apple remains the dominant smartphone manufacturer in the U.S., but Samsung is catching up," said Harry Wang, director of Health & Mobile Product Research at Parks Associates. "Apple controls 40% of the smartphone market, while Samsung has 31% and LG is the next closest rival with 10%."

From the article "Samsung, Take Note: Galaxy Gaffe Gives Apple ...read more