Providing Market Intelligence for 40 Years

In The News

Exploring the Rise of Smart Security Solutions in Households

Parks Associates has conducted insightful research highlighting the significant adoption of security solutions in homes across the country. Their findings reveal that a notable 47% of US internet households have already integrated some form of security solution, whether it's through a comprehensive security system or specific security devices. Moreover, 35% of these households have opted for paid security services, reflecting a growing recognition of the importance of safety and security in daily life.

As part of its ongoing efforts to address the evolving landscape of security, Parks Associates will host the CONNECTIONS™ virtual roundtable in collaboration with Ubiety Technologies.

Elizabeth Parks, President & CMO of Parks Associates, highlighted the transformative potential of technologies like intelligent presence detection and contextual awareness. According to her, these advancements are not just incremental upgrades; they are revolutionizing traditional security systems into smart platforms that proactively meet user needs. By reducing false alarms and enhancing user experience, these innovations significantly increase the value offered to consumers.

In addition to discussions about the changing landscape of security technologies, Parks Associates has found that 40% of internet households value the immediate capability an AI-driven smart home application offers, specifically the ability to detect and notify them of unknown individuals approaching their homes.

From the article, "Exploring the Rise of Smart Security Solutions in Households" by Riley Hayes

Previously In The News

Caregiver Apps: Four Ways to Boost Adoption Rates

Caring for sick or aging loved ones is a big job. Keeping up with medication schedules, communicating with healthcare providers, learning about disease management, helping with day-to-day tasks — it c...

MIPTV 2016: Playing The Digital Challenge

According to Parks Associates, OTT video usage in Western Europe is expanding, with 55% of UK broadband households and 51% in France watching TV programming and movies online, compared to 70% in the U...

BizTechReports latest analyst roundup features analyst perspective on 4k TV, smart watches, and IoT

Parks Associates: Smart Watch Purchases to Ramp Up Over Next 12 Months, Parks Associates Forecasts —- New research from Parks Associates indicates smart watch adoption has nearly doubled, from 4 perce...

TV Producers Might Delay Shows For Streaming Services

The changes are especially noticeable at Hulu, which is owned by parents of the very television networks — Fox, ABC and NBC — threatened by changes in the way we watch TV. Hulu has set itself apart by...