"Internet of Things" articles

More device offerings and connected ecosystems are present in the market now compared to a decade ago. However, the ability of devices to work in tandem with other devices (even in different ecosystems) has also increased. Initiatives like matter (although not yet fully implemented) that are aimed at bridging remaining gaps in interoperability and device compatibility are being committed to by tech giants and smaller developers alike and will help simplify consumers’ experience as...

Parks Associates research finds security system adoption has steadily increased in recent years, reaching 36% of internet households. Adoption is driven by recent advances in DIY installation, reduction of service and hardware costs, and a growing need for peace of mind. Residential security customers in single-family and SMB properties have a myriad of installation methods, alert methods, device types, and associated services. Parks Associates new whitepaper Zero Response Time...

Join leading industry executives and analysts in discussing the entertainment services landscape at Parks Associates’ Future of Video 2022 event series. Panelists will discuss new trends in the video and connected entertainment industries, as well as share insight into consumer behaviors, in-depth research on OTT services and strategies for building successful video services.  The July 21 featured keynote speaker is Robert Gelick ,  Chief Product Officer,...

Parks Associates continues its thirteenth-annual Smart Energy Summit: Engaging the Consumer with the virtual session, Home Energy Management Solutions: Driving Energy Savings , on Thursday, June, 30 from 11:00 AM to 1:30 PM CT. Advait Katarki, Business Development Manager - Connected Solutions & EV Charging Infrastructure, Eaton will be featured on the interactive panel, Smart Apartments and Energy Platforms , at 11:15 AM CT, addressing the business and consumer value of...

As data security needs for the connected home increase, opportunities exist across the ecosystem to cultivate partnerships with device and system manufacturers, broadband operators, and security solution providers. There is continued demand for new products and services spanning beyond just traditional PCs and mobile devices to include entertainment products, appliances and productivity tools, and a multitude of smart home devices. Securing these products against the mass of...

Pay-TV subscriptions and revenues are on a continuous decline as consumers embrace OTT services. The research firm forecasts that traditional pay TV will decline to 76.7 million households by 2024, the lowest penetration in a decade and a 27% drop from 2014. Parks Associates estimates that approximately 35 to 40 new streaming services entered the market between March 2020, the beginning of the COVID-19 pandemic in the United States, and the end of 2021. More than half of US...

Accessing and experiencing digital media have become more complicated, both for consumers and the companies providing the content. The fracturing of entertainment options, coupled with a decline in traditional pay TV, has forced many consumers to subscribe to a bevy of services in order to access the video content they want to watch. While this situation offers consumers a greater than ever selection of content, it offers a unique set of challenges from an authentication and...

After more than twenty years of pushing computing from local servers into the cloud, many industries now strategize more carefully about the most appropriate options among cloud computing, edge computing, and hybrid edge-cloud configurations. Cost, latency, privacy, and reliance on connectivity are all factors informing these decisions. Hybrid edge-cloud architectures enable the best of both worlds for many applications, such as connected devices. They can optimize data processing,...