Parks Associates report - Smart Home: Multi-dwelling Unit Opportunities

Smart Home: Multi-dwelling Unit Opportunities

Smart home devices and related services can drive higher revenue by increasing occupancy and rental rates and a reduction in operational costs through reduced maintenance, reduced staffing, enhanced monitoring capabilities, and improved energy efficiency. This report examines the opportunities for integration of smart devices in multi-dwelling units, including profiles of companies driving the market, current adoption of smart home devices, and key feature preferences among residents and property managers of multifamily housing units.

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1.0 Report Summary

1.1 Purpose of Report

1.2 Key Questions Addressed by this Research

1.3 Research Approach/Sources

2.0 State of the Market

2.1 The MDU Resident and the Smart Home

3.0 Business Model Strategies

3.1 Targets

3.2 Product Offering for Property Managers

3.3 Key Market Player Offering

3.4 Opportunities

4.0 Market Offering and Opportunities for MDU Residents

5.0 Market Challenges

5.1 Integration

5.2 Security and Privacy Issues

5.3 New Technical Support Needs

5.4 Challenges with Wi-Fi

6.0 Forecast

6.1 Forecast Methodology

6.2 Forecast

7.0 Implications and Recommendations

8.0 Appendix

8.1 Glossary

8.2 Index

8.3 Image Sources

US Broadband Households by Building Type
Multi-family Consumer Spending by US City (2016 -- 201*)
Smart Home Device Ownership by Type of Residence (Q4/18)
Familiarity with Top Five Smart Home Devices (Q4/18)
Smart Home Device Purchase Intention by Type of Residence (Q4/18)
Smart Home Device Features for Property Managers
High Importance of Having Smart Home Device Installed in House by Demographics
MDU Resident: Willingness to Pay More for Smart Home (Q4/18)
Company Offerings – MDU Smart Home Solutions
Smart Home Device Features for MDU Residents
Company Offerings – MDU Smart Home Solutions
Smart Thermostat - Highly Important Product Capabilities by MDU Ownership (Q4/18)
Smart Lighting - Highly Important Product Capabilities by MDU Ownership (Q4/18)
Smart Speaker - Highly Important Product Capabilities by MDU Ownership (Q4/18)
Smart Home Devices: Problems Setting Up Device (2016 - 2019
Smart Home Devices: Types of Problems Experienced (Q2/2019)
Network Monitoring Providers - Premium Smart Home Support Services
Forecast Methodology MDU Adoption of Smart Home Devices
US MDU Households Smart Home Device Adoption

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Disclaimer
Parks Associates has made every reasonable effort to ensure that all information in this report is correct. We assume no responsibility for any inadvertent errors.

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Smart Home Devices, Automation, Controls

Smart Home: Multi-dwelling Unit Opportunities

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Smart Home: Multi-dwelling Unit Opportunities

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Related Research

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Newsletter

The Parks Points Newsletter Features All Aspects Of Our Research, Including Smart Home, Iot Devices, Entertainment And Digital Media, Security, Energy, Health, And Consumer Data.

Providing market intelligence for more than 35 years

Phone:

Email:

Mailing Address:

Expertise

Services

Events

Resources

About Us

Store