Connected Home Systems and Controls

36% of broadband households have a home security system as of Q2 2021, and approximately two-thirds of security system owners have an interactive system according to Parks Associates latest research. There are at least two levels of interactivity. Basic interactivity enables a user to access and control the household security system and receive notifications as scheduled or requested.  These capabilities occur via smartphone, tablet, PC, and sometimes smart speaker. These...

The multifamily housing market has become increasingly important to device manufactures as they seek to drive overall market adoption of the smart home products. Multifamily rental properties represent a particularly lucrative opportunity for smart device manufacturers since they deploy smart home device packages to multiple units at a time. Smart home solutions provide several benefits to MDU property managers: Product differentiation Increase sales price / rental fees...

Parks Associates ’ CONNECTIONS™ Summit: Smart Home Growth Strategies conference series is excited to announce EarlySense as a Research Sponsor. EarlySense® is the global leader in 100-percent contact-free, continuous monitoring solutions. Used worldwide in hospitals, post-acute care facilities, virtual care and remote patient monitoring applications, EarlySense technology delivers reliable and comprehensive multi-vital, motion, and sleep data. When paired with the...

Facebook and Ray-Ban are rolling out their new Ray-Ban Stories ($299), and everyone is talking about it. These sunglasses look like typical Ray-Bans while featuring hidden cameras and microphones that allow users to make hands-free POV videos. My colleagues in connected health or connected entertainment will have thoughts on these devices as wearables, but reading first impressions and early reviews of the Ray-Ban Stories brought to my mind the following smart home industry trends and...

Parks Associates continues its 25th annual CONNECTIONS: The Premier Connected Home Conference virtual series with the upcoming session State of Home Security Market on August 18 from 12:30 PM to 2:45 PM CT. During this session, leading industry executives will address the state of the residential security market, critical trends impacting industry stakeholders, and the top opportunities for revenues growth. Throughout the event, Parks Associates will highlight exclusive research...

Parks Associates ’ 25th annual CONNECTIONS: The Premier Connected Home Conference series is excited to announce Xfinity Home  as a Research Partner Sponsor. Xfinity Home is a global media and technology company that is principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. They deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create,...

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...

            ISC West concluded this week featuring exciting, new product announcements in the security space. Leading brands such as Allegion, Clare Controls, Snap One, Alarm.com, and NAPCO unveiled upcoming additions to their various IoT-based solutions offerings. In a positive sign that trade show activity in the tech space is starting to show signs of life, ISC West reported that 10,000 people attended the show in...