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PRESS RELEASE  

31 JAN 2003

 

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Home Networks Ready for Primetime

Parks Associates’ latest research suggests that U.S. consumers are ready for home networking.

Almost one-third of all U.S. broadband households are interested in purchasing a home networking product this year, according to Parks Associates’ Broadband Access @ Home III, a survey of 10,500 U.S. Internet households. This trend reflects a growing appreciation among U.S. consumers for the value of a home network.

“There is little doubt that demand for home networking is finally ramping up,” said Michael Greeson, Parks Associates. “At least three million U.S. Internet households will purchase data-centric home networks in 2003, thanks in large part to the aggressive marketing efforts of service providers and retailers alike, as well as strong consumer interest in networking content.”

Sharing an Internet connection continues to be the most significant driver for home networking. Two-thirds of Internet households with a home network state that sharing an Internet connection among multiple home PCs was the top reason for network adoption.

Parks Associates’ latest consumer study, Broadband Access @ Home III, is the largest long-form Internet survey conducted in the U.S. to date, with more than 10,500 Internet households participating. The study includes surveys of 4,500 narrowband and 6,000 broadband households and offers statistically significant samples for most residential services, including digital cable, satellite TV, Internet, home networking, Internet telephony, home security, home management, and many others.

For additional information about Parks Associates’ Broadband Access @ Home III, please contact sales@parksassociates.com or call 972-490-1113.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes new media, digital entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, consumer electronics, and home control systems and security.

Each year, Parks Associates hosts executive thought leadership conferences CONNECTIONS™, with support from the Consumer Electronics Association (CEA®), and CONNECTIONS™ Europe. In addition, Parks Associates produces the online publication Industry Insights in conjunction with the CONNECTIONS™ Conference series.

http://www.parksassociates.com | http://www.connectionsconference.com | http://www.connectionseurope.com | http://www.connectionsindustryinsights.com

 

 

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