For years, home security has been relatively expensive, with homeowners paying an average of $44 per month for a professionally installed and monitored system. About 22 percent of U.S. homeowners subscribe to such services, according to the research firm Parks Associates.
But the spread of high-speed broadband access, coupled with the rise of smartphones, opened the doors — almost literally — for a new breed of wireless security cameras and sensors that homeowners can install and monitor themselves.
From the article "Doorbell live-cams fight back against porch pirates filching packages" by the Benny Evangelista.
According to Parks Associates, more than 80% of U.S. households find smart home routines appealing. That includes simplifying everyday tasks like automatically securing the house when you leave, windi...
More than 40% of renters surveyed by research firm Parks Associates expect their internet service to be activated at move-in, which is why 60% of multifamily property owners and operators have managed...
Research firm Parks Associates forecasts that the smart home market will continue slow and steady growth, with 102 million smart home device unit sales in 2024, up 8% from 2023. The firm predicts...
In a video interview from CONNECTIONS 2026 in the Silicon Valley, Elizabeth Parks reflects on the evolution of the connected home market, the growing role of AI and why the dealer channel still ma...