Providing Market Intelligence for 40 Years

In The News

The Smart Home in 2025: Outlook and Opportunities

This week, Jennifer Kent, Vice President of Research at Parks Associates, joined Fiber for Breakfast and shared insights into the latest trends and innovations shaping the smart home market. Parks Associates has been tracking and analyzing the home automation space for almost 40 years and is seeing some trends shift in how consumers are using this technology, what is happening in terms of competition, and how all of these connected devices impact Internet Service Providers (ISPs) and the broadband fiber services they offer or will offer to the home.

Showcasing a 10-year view, the average U.S. internet household has about 17 connected devices and according to Parks’ research about 45% of U.S. internet households now own at least one smart home device. 

Parks’ research shows that the usage of these devices has changed significantly over the last several years. In 2018 before the pandemic, about 60% of smart home device owners self-identified as innovators and were one of the first people to go out and buy new technology. 

Kent stated that there are clearly opportunities for ISPs beyond just being the legacy internet provider. Once they can get past just offering a “bundled service” there lies new value-added service types that could benefit from putting these services on fiber broadband networks like technical support monitoring, home security monitoring, cameras and sensors to offer more of a smart Wi-Fi experience. 

From the Fiber Broadband Association article, "The Smart Home in 2025: Outlook and Opportunities"

Previously In The News

Connections

Parks Associates' 20th-annual CONNECTIONS™: The Premier Connected Home Conference will host over 650 executives from the connected entertainment, IoT and smart home industries, and is focused specific...

Americans Say Smart Home Technology Is a Must

Out with the old and in with the high-tech. A new survey from Coldwell Banker Real Estate LLC and Parks Associates found that Americans are thinking differently about “move-in ready” homes; they now w...

Facebook Reportedly In Talks To Stream NFL's 'Thursday Night Football' Games

A matchup of the titans of tech and TV would mark a watershed moment for the media and Silicon Valley, whose leading companies are flush with cash and hungry for premium content to attract more eyebal...

Google's Nest Struggles Could Set Back The IoT Movement

The smart home devices sold by Google's home automation subsidiary, Nest, represent just a small fraction of the burgeoning Internet of Things (IoT) market. However, Nest has become one of the most re...

Phone:
972-490-1113
Mailing Address:
2301 West Plano Parkway, Suite 210, Plano, TX 75075
Expertise
Smart Home: Management and Safety Consumer Electronics Connected Health and Wellness Connectivity and Mobility Small-to-medium Business (SMB) MDU
Services
Research Memberships Visibility Memberships Streaming Video Tracker Smart Home and Security Tracker Broadband Market Tracker Channel Analytics
Events
CONNECTIONS™ CONNECTIONS™ Summit/CES Smart Energy Summit Connected Health Summit Future Of Video Smart Spaces
Resources
Press Releases Analyst Blog Parks in the News
Store
View Your Cart
About Us
Overview Team Contact Us Privacy Policy

Follow:

© 2023-2026 Parks Associates. All Rights Reserved. Privacy Policy

Design & Developed By Agency Partner Interactive