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The Smart Money: The Power of Smart Lighting

According to Parks Associates’ latest research study, Smart Lighting Market Assessment, smart lighting product demand softened in 2022, following general spending and home renovation trends.

Parks Associates research shows 13% of U.S. internet households have at least one smart light bulb, and 8% own a smart plug/power strip.

Parks Associates research also finds that the top concern for smart lighting consumers – as is the case for many smart home device users – is interoperability.

From the article, "The Smart Money: The Power of Smart Lighting" by Jennifer Kent

Previously In The News

Ingresos deportivos en OTT crecerán 73 por ciento en cinco años

De acuerdo con una nueva investigación de Parks Associates, los ingresos anuales de deportes en OTT en Estados Unidos fueron de US$ 13,1 mil millones en 2022 y crecerán a casi el doble a aproximadamen...

Parks: 92% of U.S. Internet Households Use Wi-Fi at Home

New data from Parks Associates finds that even as download speeds increase for U.S. internet households, value-added services and the quality of experience are increasingly more important factors in h...

Annual US sports OTT subs revs rocket as 87% of homes stream

Sports will be a key arena for US OTT providers to gain subscriptions and according to research from Parks Associates, annual OTT sports subscription revenue will almost double to approximately $22.6...


Annual sports OTT subscription revenue in the United States was US$13.1 billion in 2022 and will almost double to approximately US$22.6 billion in 2027, a 73% increase over the next five years, accord...