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PRESS RELEASE  

21 FEB 2003

 

ContactPRESSROOM

Networked Consumer Electronics Just an Adapter Away

Parks Associates’ latest research suggests that one-third of those likely to adopt home networks have PC and entertainment equipment collocated.

Over one million Internet households in the next wave of home network adopters have both their primary PC and home entertainment system collocated, making them prime candidates for multimedia networking solutions. According to Parks Associates’ latest report Broadband Access @ Home III, this segment, comprising more than one-third of the three million households likely to adopt home networking in the next 12 months, would, in most cases, require only a network adapter to make the transition to entertainment networking. The more formidable challenges to service providers and manufacturers are in the targeted marketing and distribution of such cross-platform solutions in order to promote and facilitate this adoption.

“Demand for home networking is ramping up, but there is much debate about if and when consumer electronics such as stereos and TVs will make their way into the home network,” said Michael Greeson, Parks Associates. “Although most of those likely to adopt home networks are interested in PC-centric applications such as sharing an Internet connection or sharing a printer, a significant number of these households are in a good position to network entertainment content from the PC to their entertainment system.”

Service providers, solution vendors, and consumer electronics manufacturers alike are hoping that traditional entertainment equipment will gradually find its way into the networking mix, according to Broadband Access @ Home III. The report cites households with a PC and an entertainment system collocated, of which its inhabitants expressed a strong interest in home networking, as the likely first major segment to widely adopt solutions that network entertainment content.

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™, in partnership with 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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