Providing Market Intelligence for 40 Years

In The News

Getting smarter about temperature control

The number of connected households that have smart thermostats more than doubled in the past two years, according to market research firm Parks Associates. With 36 percent of broadband-using households interested in a system that manages and monitors their home energy use, Parks Associates predict that half of all American homes will be smart homes by 2020.

Energy consumption starts with the overall heating and cooling equipment; thermostat watts are just a small portion of energy consumption. Purchasing home automation products designed and manufactured to work with the homeowner's specific comfort system is the best way to maximize performance and energy savings. And, homeowners should start with buying energy-efficient equipment.

From the article "Getting smarter about temperature control."

Previously In The News

When Everything’s Connected: Beyond The Smart Home’s Walls

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...

How Parks Associates Helped Shape 30 Years of Smart Home Innovation

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...

TV Becomes a Growth Channel for Commerce

“Streaming video and connected TV in particular absolutely tend to outperform linear TV,” said Michael Goodman, a senior contributing analyst with Parks Associates, a Dallas-based market research...

OpenAI Eyes AI Agent Phone, Kuo Says

“OpenAI is not a hardware company and must prove its phone performs well against the competition in terms of memory, camera quality, size, weight, screen responsiveness — all of that can be a chal...