Providing Market Intelligence for 40 Years

In The News

The Smart Money: The Evolution of Residential Access Control

According to Parks Associates’ research, ownership of smart door locks reached approximately 11% of U.S. internet households in Q2 2025, and smart garage door openers have reached the same adoption levels following several years of gradual growth.

Despite the value of smart access control, Parks Associates research shows several barriers continue to limit faster adoption by consumers. The most significant barrier is the perception that existing locks and garage door systems work well enough and do not require replacement.

From the article, "The Smart Money: The Evolution of Residential Access Control" by Daniel Holcomb

 

Previously In The News

The Challenge For Smart Home Companies: Getting A Foot In The Door

But many consumers are leery. News articles questioning the privacy and security of home networks and connected devices, including always-listening smart speakers, have put off potential buyers. The s...

How Many Streaming Video Choices Are Too Many With Netflix, Amazon, Apple, Disney — And More?

Consumers who dreamed of the a-la-carte TV future might soon wish for a return to the good old days when cable and other pay-TV services packaged channels of programming for them. "We're about to t...

HDTV Almanac - NeTV Sales to Grow

Parks Associates estimates that about a quarter of the new TVs sold in 2010 were able to connect to the Internet. The same group forecasts that this will reach 76% by 2015. These predictions make sens...

Alarm.com Builds Its Own Smart Thermostat

The competition and innovation in the smart-thermostat space is good for consumers, who can choose a thermostat based on which features appeal to them the most, and also because the increased sensorin...