Providing market intelligence for more than 35 years

In The News

The Smart Money: Access Control's Role in Multi-Family Housing

According to Parks Associates consumer surveys of U.S. internet households, 17% of overall residents in multi-dwelling units (MDUs) report living in a gated community, and 11% report living in a building with smart locks or access control systems.

85 Nimbio Graphs And Charts 02

Parks Associates consumer surveys reveal that access control technology is more commonly adopted in communities that charge higher monthly rents compared to those with lower rents. Adoption is lower in communities charging average or below average rent, with a wider gap between any access control solution and adoption of app-based solutions.

In a recent study of property owners and managers, Parks Associates tested the primary functions of smart door locks for operations, finding that a majority of respondents found appealing use-cases. Property owners and managers were interested in minimizing key replacement costs, tracking those who entered and left the property, and remotely enabling third parties to enter and leave the property in a secure way.

From the article, "The Smart Money: Access Control's Role in Multi-Family Housing" by Kristen Hanich

Previously In The News

One More Thing…Apple Unveils Vision Pro Mixed-Reality Headset at WWDC23

The device will also raise the visibility of augmented reality technology. “In the consumer space, there is low familiarity with the term augmented reality,” Kristen Hanich, an analyst with Parks A...

Roku, Amazon Devices Risk Losing Grip on Streaming TV

Streaming-video devices are losing ground to internet-connected TVs that have streaming apps built in. The percentage of broadband-equipped U.S. households with these smart TVs reached 54% earlier thi...

Parks Associates Reveals Top 10 U.S. Subscription OTT Video Services for 2021

Parks Associates, at the close of the fourth annual Future of Video conference, today released its updated list of the top 10 US paid subscription over-the-top (OTT) video services, based on estim...

US Cloud Gaming Market Aims to Generate Nearly $3 Billion in Annual Subscription Revenue

New research from Parks Associates finds the US cloud gaming market could generate nearly $3 billion in annual subscription revenue, as 30 percent of US broadband households currently express interest...