Parks Associates forecasts steady growth for the
U.S. smart home device market, which will reach $15 billion in sales revenue by 2029.
According to a whitepaper released by Parks Associates and Vivint, 54% of households with security systems have devices working together, compared to only 35% of households without a security system.
From the article, "State of the Market: Security’s ‘Sixth Sense’ Drives Intrusion & Smart Home" by Brianna Wilson.
Dealers have a tremendous opportunity to benefit from smart home technology as consumers have started to take an interest in it — with more than half of the population excited about the technology, ac...
Too many subscription services, however, can really add up in terms of monthly expenses. Fifty percent of American households have four or more streaming subscriptions, according to the market researc...
To this point, Patrice Samuels, a senior analyst at Parks Associates, a marketing research and consulting company, says that Tovala has to prove the food tastes good enough to offset the cost of p...
Harry Wang, senior research director for Parks Associates says that Apple is “known to be searching for the next $100 billion opportunity, and the gigantic healthcare industry is ripe for technology d...