Residential Systems

Wednesday, November 15, 2017

Holiday Stats: Millennials to Buy Smart Home Devices

Parks Associates' holiday shopping research shows that millennials will lead the smart home and CE purchasing the holiday season, with 46 percent reporting high intentions to buy at least one device and 36 percent planning to give one as a gift.

The IoT research firm, which surveyed U.S. broadband households on their purchase intentions for this holiday season, found one-third of U.S. broadband households report a high intention to purchase a CE or smart home device this hol ...read more

Thursday, March 24, 2016

70% Of US Households Save Money With Smart Energy

Parks Associates announced new home energy management data from The Evolution of Home Energy Management showing 70% of U.S. households with smart energy devices report saving money due to reduced energy consumption. However, the report also notes the difficulty of selling smart energy devices based on cost savings, as 83% of U.S. broadband households do not know the price they are paying for electricity.

“Residential customers today see energy as a necessary expense, and whi ...read more

Tuesday, August 19, 2014

Study Finds 64% of Devices Linked to Home Automation

Parks Associates has released new research showing nearly 4% of U.S. households will have a smart home controller by the end of 2014, with an estimated increase to nearly 6% by 2015. The firm's Evolution of Smart Home and the Internet of Things, which includes data from a 1Q 2014 survey of 10,000 U.S. broadband households, also reports 64% of all smart devices currently in households operate as part of a security or home controls system. Smart devices include motorized door cont ...read more

Wednesday, February 19, 2014

New Consumer Satisfaction Research Emerges from Smart Energy Summit

U.S. households with time-of-use (TOU) electricity billing are more satisfied with their electricity service, according to new research by Parks Associates, revealed at the 2014 Smart Energy Summit.

Among energy consumers with free nights or weekends, 53 percent are “very” satisfied with their overall electricity services, but only 34 percent without this TOU service are very satisfied.

Smart Energy Summit, February 17-19 in Austin, features keynotes from Austin Energy, ...read more

Sunday, June 01, 2003

Working the Net

Kurt Scherf, VP of research at Parks Associates in Dallas, Texas, noted that from a very broad technical vantage point, networking is a two-way communication between at least two devices.  From an application level, however, "it's primarily PC networking, but there are other devices that can be a part of data networks," he said.  "The other angle is multimedia networking, and that primarily focuses on devices that store data and stream content."

Scherf does not include some ho ...read more

Tuesday, April 01, 2003

Now more than ever

On a similar note, it was refreshing to see an article in the New York Times last month extolling the virtues of the networked home and quoting several representatives of CEDIA.

.... This time, not only were CEDIA principals, Jeff Hoover and Ray Lepper, quoted in the Times article, but also cited were Parks Associates, Integrated Media Systems in Virginia and control technology manufacturer, Smart Systems.  Kudos to all these folks for leading by example.

From the editorial ...read more

Thursday, August 01, 2002

Adoption of Connected Home Relies on Networked Products

Networked entertainment services and products could provide the impetus sought by service providers and consumer electronics manufacturers for the mass-market adoption of digital "connected home" solutions, according to Parks Associates' forthcoming report Digital Entertainment in the Internet Home. This immense market potential derives from the fundamental appeal of entertainment content and applications, combined with the enhanced functionality of networking technologies. Early ...read more

Monday, July 01, 2002

Growth Expected for Residential Installation Biz

Nearly 83 percent of the 274 installing dealers surveyed in Parks Associates' Installing Dealer ePanel believe that sales volume in 2002 will improve significantly over 2001. This renewed optimism should be encouraging to manufacturers, who have weathered a difficult year and are wary of vague projections of an economic turnaround. [Read more in the Parks Associates press release "Installing Dealers Expecting Robust Growth for Residential Sales in 2002."]

From the article "Gro ...read more

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