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PRESS RELEASE

18 FEB 2005

 

ContactPRESSROOM | PRESS RELEASE ARCHIVE  2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998

Home Data Networks Drive Additional Services
Data-centric connectivity solutions promote interest in more sophisticated monitoring and protection, value-added services, and storage

Data networks incubate interest in additional value-added services among U.S. households, according to Parks Associates’ forthcoming report Home Networks and Residential Gateways: Analysis & Forecasts. The market research firm has found households with a home data network demonstrate substantially higher interest than non-networked households in bundled services (25% versus 14%), voice-over-IP (17% versus 6%), and networked storage (17% versus 2%). These levels of interest represent the larger potential for expanding the service domain and broadening the appeal of home networking solutions.

“We’re witnessing an early shift toward home networking as a key variable for motivating additional services in the home,” said Kurt Scherf, vice president and principal analyst at Parks Associates. “Equipment vendors and carriers have a significant opportunity to package data, voice, and multimedia networks as a complete bundle of services that offer network management, virus and spyware protection, and enhanced storage capabilities.”

According to Home Networks and Residential Gateways: Analysis & Forecasts, service providers will serve as a key distribution channel for both the networked CPE (consumer premise equipment) and value-added services.

Home Networks and Residential Gateways: Analysis & Forecasts examines the competitive players, their products, consumer demand, and market trends for the data networking and residential gateway markets. The report also paints a detailed picture of household adoption patterns based on Parks Associates’ database of consumer survey data and forecasts demand over the next five years. For more information about this study, please contact Parks Associates at 972-490-1113 or sales@parksassociates.com.

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 co-hosts executive thought leadership conferences CONNECTIONS™ and CONNECTIONS™ Europe in partnership with the Consumer Electronics Association (CEA®). 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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