Connected Home Systems and Services

Monday, September 11, 2017

Approximately 42% of new security system installations include a smart home device

New research examines adoption of smart door locks, lights, and thermostats in residential security      

New research by Parks Associates reveals that 42% of new security installations include a smart home device such as a door lock, light, or thermostat. Competition in Residential Security also shows that interactive services, or the ability to remotely monitor and control the security panel and sensors, are now included in more than 70% of new security system installs. A more

Wednesday, September 06, 2017

European smart home market awakens

International research firm releases new report examining IoT strategies for key European companies

Parks Associates today released a new report showing that despite an initially conservative approach to IoT opportunities, many different types of EU companies are now pioneering approaches and introducing beneficial IoT use cases for their customers. According to IoT Connectivity in Europe: Value of Connected Products, companies in this space across the globe are exploring st more

Wednesday, August 16, 2017

442 million connected devices will be sold in the U.S. by 2020

Industry webcast featuring Parks Associates and LogMeIn examines value of IoT connected products

New Parks Associates research reveals more than 442 million connected devices will be sold in the U.S. by 2020. Parks Associates and LogMeIn will co-host the complimentary webcast “Transforming Customer Engagement with IoT Connected Products” at 1 p.m. CT (11 a.m. PT) on Thursday, August 17, to examine the IoT value propositions and best practices product companies should utilize more

Tuesday, August 01, 2017

Annual unit sales of smart door locks to reach 1.68 million by 2021

Research firm’s Smart Home Tracker reveals annual sales revenue for smart door locks will exceed $357 million in 2021

Parks Associates today revealed new research showing that annual unit sales of smart door locks will reach 1.68 million by 2021. The IoT research firm’s Smart Home Tracker: Market Sizing and Trends also reveals that annual sales revenue from smart door locks will exceed $357 million in the same year, up from $207 million in 2017.

“Adoption of smart door l more

Thursday, July 20, 2017

One-half of consumers willing to share data and device control for discounts on electricity

New research quantifies the value of IoT data in the connected home

Parks Associates announced new research today showing that approximately 50% of U.S. broadband households are willing to share data and device control for discounts on electricity. 360 View Update: The Value of Data – New Smart Home Business Models notes interest is consistent across different product categories, with 51% of smart thermostat owners, 50% of hot water heater owners, and 48% of owners of smart more

Thursday, July 06, 2017

Only 10% of users use their personal assistant device or app to control smart home devices

New research examines challenges and strategies for smart home products and services

International research firm Parks Associates today announced new IoT research examining the market for smart home devices and services, including the current challenges and strategies to expand consumer adoption and purchase intentions. The consumer research and industry reports include analysis of smart home consumer segments and forecasts for smart home controllers, standalone security gat more

Wednesday, June 21, 2017

Purchase intentions for smart appliances continue to increase

IoT research firm joins Ayla Networks, Sears, and Arrayent for webcast examining smart appliance innovations

Leading IoT research firm Parks Associates announced today that it will host the complimentary webcast “Advancing Ease of Use through Sensors and Appliance Automation,” sponsored by Ayla Networks, on Wednesday, June 21. This webcast examines the latest smart appliance innovations and explores innovations to optimize the consumer experience with these connected devices more

Wednesday, June 14, 2017

Smart thermostats will reach 13% adoption in North America and 1.5% in Western Europe by end of 2017

Parks Associates research analyst will share firm’s new smart home research at IoT World Europe

New Parks Associates research shows that penetration of smart thermostats will reach 13% adoption in North America and 1.5% in Western Europe by the end of 2017. Research Analyst Brad Russell will share the firm’s new smart home and IoT research this week at Internet of Things World Europe and examine the keys to continued use of smart home products and services.

“Interoperabi more

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