Research

Wednesday, October 30, 2019

71% of US broadband households with smart home devices concerned about cybersecurity

New whitepaper addresses market impact of cybersecurity features in home systems

Parks Associates today released a new whitepaper, Cybersecurity Impact on Smart Home Market Growth, which finds 71% of US broadband households that own smart devices are concerned about cybersecurity. Twenty-five percent of those who do not own smart home devices are also concerned about privacy and security, which prevents them from buying smart devices.

The whitepaper examines the growing ...read more

Thursday, October 24, 2019

DIY/self-installation dominates new networked camera purchases, but video storage offers future revenue opportunities

More than 60% of networked camera owners pay for video storage services

Parks Associates’ Smart Market Product Assessment: Networked Cameras reports 68% of owners self-installed their networked camera in Q4 2018, compared to 49% in Q4 2016. This shift toward DIY options comes as both ease of use and retail availability for this product increase.

Smart Market Product Assessment: Networked Cameras provides a comprehensive analysis of the networked camera market, including ...read more

Wednesday, October 16, 2019

Over two million US broadband households will have a self-monitored security system in 2019

Industry report outlines assumptions, drivers, and inhibitors of residential security market

Parks Associates research estimates new DIY solutions will cause some shifts in the residential security market, as over two million broadband households will have a self-monitored system by the end of 2019. Home Security: Market Sizing and Forecasts notes that 23% of self-monitored systems are fee-based, collecting on average $9 per month in 2019, and 22% also include home control. ...read more

Monday, October 14, 2019

Quality of user interface (UI) more important than content recommendations in video service satisfaction

New study examines consumer preferences related to new UI options

New research from Parks Associates finds 70% of US broadband households with a major video service consider its user interface to be good, with 48% rating it “very good,” and these scores impact their willingness to recommend the service to others. Analysis of consumer responses reveals quality of the UI and the ease of finding content are the most likely factors to drive willingness to recommend a video servi ...read more

Thursday, October 10, 2019

Parks Associates webcast highlights pay TV, OTT, and consumer electronics and computing trends for 2020

One-third of US broadband households consider watching TV/movies at home as their top leisure activity

Parks Associates will preview the key 2020 trends and topics for connected entertainment and CE during the complimentary webcast “Looking Ahead to 2020: Video Entertainment and CE,” on Thursday, October 17, 1:00 P.M. CT. The research firm notes that watching TV and movies at home is the leading leisure activity among US broadband households, with 70% ranking it in their top ...read more

Wednesday, October 02, 2019

Percent of US broadband households that subscribe to two or more OTT services has increased by 130% since 2014

Partnerships, aggregation, and bundling in video services are key strategies for subscriber growth

Parks Associates research finds that the percentage of households with multiple OTT subscriptions has increased by 130% since 2014. In 2019, forty-six percent of US broadband households subscribe to two or more OTT services. Partnering, Aggregation, and Bundling in Video Services reports only 33% subscribed to multiple services in early 2017 and 20% in 2014.

Partnering, Ag ...read more

Tuesday, October 01, 2019

Over 40% of US broadband households are interested in 5G

Technology Market Assessment addresses 5G mobile technology and its impact in the IoT and smart home industries

New research from Parks Associates, Technology Market Assessment: 5G Network Services, finds that more than 33% of US broadband households cite some level of familiarity with 5G and over 40% of US broadband households are interested in 5G.

Technology Market Assessment: 5G Network Services examines several aspects of 5G, including the condition of the mobile mar ...read more

Wednesday, September 25, 2019

Smart Home Device Ownership is 28% in the US, 16% in the UK, and 14% in Canada

Research firm to preview trends in connectivity, security, smart home, video entertainment for 2020 in upcoming industry webcasts

International research firm Parks Associates will host three industry webcastsin the coming months, with the first, “Looking Ahead to 2020: Smart Home and Security Trends in Europe and the US,” taking place Thursday, September 26, at 1:00 p.m. CT. This webcast tomorrow will feature consumer data and analysis on key trends in smart home solutions, ...read more

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