Connected Home Systems and Controls

With the exception of the high-end, luxury home market, consumers are still working to “build” their smart homes — by buying single devices and connecting them to create an experience that provides value around the core propositions of safety and security. Even within the security market, we see consumers building on top of their existing services to add in new smart home devices that provide new value through the experience that products like a smart door lock or doorbell can...

Amidst this disruptive year, the smart home market continued its steady growth, with 34% of consumers owning a core smart home device and 41% owning a remotely monitored connected home device. Not only are new households getting in on the smart home trend, but current device owners are adding to their collection. Parks Associates research shows that 17% of US broadband households are now what we call smart home Power Users, meaning they own at least five smart home devices — and this...

Over the last year, Samsung has slowly but steadily moved toward an app-only approach to its SmartThings platform. With 6% of broadband households using SmartThings as their solution to control their smart home devices, according to Parks Associates research in Q4 2020, these changes impact millions of consumers. Recently, Samsung passed a major milestone in this transition from hardware with the sunsetting of its Gen.1 Hubs last week (June 30th). SmartThings ecosystem users who...

Parks Associates continues its 25th annual C ONNECTIONS: The Premier Connected Home Conference virtual series with the upcoming session MDUs: Scaling Up on July 14 from 12:30 PM to 2:45 PM CT. During this session, leading industry executives will address the demand for smart home products and services in the multifamily housing market and the unique opportunities and challenges this market provides. Throughout the event, Parks Associates will highlight exclusive research data from...

A robust network is the foundation for modern living. This is as true for residents of multi-dwelling units (MDUs) like apartments, condominiums, and dormitories as it is for single-family residences. Building on advanced connectivity services, MDU property managers and owners can leverage the benefits of smart home devices and smart property solutions to drive revenue and increase net operating income. In collaboration with Cox Communities, Parks Associates’ new complimentary...

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...

Authors: Jennifer Kent, Frank Saldana Apple announced several new additions to its smart home platform at the Worldwide Developers Conference (WWDC) this week. In addition to product updates to the Apple Watch and HomeKit, Apple also unveiled concrete plans to boost overall connected living capabilities. Siri will now be compatible with third-party smart home devices ­– previously, consumers could only use Siri on Apple Devices. Ecobee’s smart thermostat will be among the first...

Parks Associates ’ continues its 25th CONNECTIONS: The Premier Connected Home Conference virtual series continues with the upcoming sessions Home Services Opportunities , and Sensor Innovation and AI – Driving New Use Cases on May 26 from 11 AM to 4:15 PM CT. During these sessions, leading industry executives will address new services including broadband value-added services, home security services, and new home services, and new smart home use cases driven by improvements...