Providing market intelligence for more than 35 years

In The News

Someone just bought your smart home. Did they get your data, too?

There's a wide range of devices to be aware of when you move in to a smart home, including door locks, alarms, security cameras, garage-door openers, lighting systems, smoke detectors, and irrigation systems, as well as modems, gateways and hubs that tie them all together. Large appliances like refrigerators, washers and dryers also increasingly are connected.

Though less than 20 percent of U.S. homes have these kinds of things built in, adoption is growing from the high end of the market, according to research company Parks Associates. Parks estimates 32 percent of homes larger than 3,000 square feet (278 square meters) have at least one smart product.

From the article "Someone just bought your smart home. Did they get your data, too?" by Stephen Lawson.

Previously In The News

The Smart Money: Professional Installation Gains Ground

Parks Associates projects that the U.S. smart home device market will generate $15 billion in annual sales revenue by 2029. While DIY remains the entry point for many households, Parks Associates’...

Multifamily resident access to gigabit or faster download speeds is rising

A recent Parks Associates and Cox Communities study found that more multifamily residents with home internet can get access to gigabit download speeds. In a new white paper, A Guide to Connecti...

Research: 45% of US internet homes watch FAST services

Parks Associates reports that 89 per cent of US internet households subscribe to at least one streaming service and 45 per cent watch free ad-based services. Additionally, the firm reports that...

More Cameras, Fewer Fears as Survey Reveals the New Face of Home Security

According to Parks Associates research covered by SecurityInfoWatch, pro monitoring is also gaining traction as households seek hybrid solutions that balance automation with human verification, br...