"whitepaper" articles

As the technology used in smart homes and security systems grows in complexity, consumers opting for professionally installed and monitored systems rely on their providers' expertise for configuration and support. This requirement is a growing concern for smaller integrators who fear that support costs will increase dramatically by including home controls with their installations. But while dealers report smart home devices have a high impact on support costs, the interactive services of...
 
One unique market for smart space solutions is that of smart apartments and MDUs. Smart apartments feature smart amenities for residents, community management solutions, and building automation solutions. These solutions are growing in popularity among MDU property managers and owners in the US and Europe. In Europe, this is noted by investments in property management software, such as Plentific, which raised $100M in funding from Brookfield Asset Management, Highland Europe, and Target...
 
by Elizabeth Parks | Sep. 12, 2022
Tags: security, smart home, Whitepaper
Research insights from Jennifer Kent, Ph.D. Vice President, Research Parks Associates The exact structure of industry supply chains naturally varies by industry, based on market needs, strategies of market leaders, and the legacy of a market’s historical development. The smart door lock and smart access control product industries have developed such that both established, and start-up OEMs do the vast majority of R&D, product iteration, manufacturing, and assemblage of...
 
by Parks Associates | Sep. 1, 2022
Tags: security, smart home, Whitepaper
Parks Associates research finds security system adoption has steadily increased in recent years, reaching 36% of internet households. Adoption is driven by recent advances in DIY installation, reduction of service and hardware costs, and a growing need for peace of mind. Residential security customers in single-family and SMB properties have a myriad of installation methods, alert methods, device types, and associated services. Parks Associates new whitepaper Zero Response Time...
Parks Associates’ research reveals that 20% of US broadband households report the COVID-19 pandemic has increased their interest in smart energy solutions that can help them manage their energy use, cost, and comfort. Energy management programs and smart energy solutions can deliver immediate cost benefits to consumers, but the energy industry has generally been unable to find solutions that trigger widespread engagement among their customer base. Utilities have tried different...
The pandemic has forever changed the trajectory of healthcare and specifically virtual care. Before the pandemic, forward-thinking care providers and health systems were trialing virtual care solutions that could bridge the facility to the home, seeking connected care models that work for their systems and patients. Yet, prior to 2020 — connected health to the home or in the home was at the periphery of healthcare. Parks Associates’ research reveals that as of April 2021, 66% of...
Parks Associates’ consumer surveys consistently find that “peace of mind” consistently ranks in the top three smart home benefits that most influence purchasing. Thirty-one percent of recent buyers report “peace of mind” as the top benefit influencing their purchases. Security service providers can build on consumers’ desire for this value and develop other offerings that address peace of mind. Released ahead of this week's ISC West , Parks Associates' new whitepaper...
Broadband connectivity, fixed or mobile, is now considered a fourth utility for consumers and is the foundation of enabling connected devices and applications in the home. This includes an average of 9.2 connected computing and entertainment devices—such as computers, smartphones, smart TVs, and smart speakers, an average of 1.2 connected health and wellness devices—such as heart rate and sleep monitors, and an average of 2.6 smart home devices. Parks Associates' new...
 
by Parks Associates | Jun. 16, 2021
Tags: smart home, Whitepaper

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