"home safety" articles

Security industry watchers have anxiously awaited Q1 earnings calls to see how market leaders fared as a robust start to 2020 hit COVID-19 headwinds in March. A strong 2019 resulted in 31-32% of US broadband households owning a working security system, up a substantial 5% points over 2018. Eight-eight percent of security system owners have professional monitoring, according to a Q4 2019 Parks Associates study. The view from the top, thus far, is that the residential security...
The residential security industry has made significant efforts to expand the market beyond the roughly 30% of broadband households that have a security system. The entrance of tech giants and MSOs raises awareness of security solutions; new business models emerged as a result of changing consumer preferences; and technology advancements such as video analytics, audio analytics, and voice control are improving the user experience. As a result, the security industry is finally able to reap...
 
by Dina Abdelrazik | Apr. 9, 2020
Tags: coronavirus, COVID-19, home safety, security
Home services providers of all types have rapidly adapted to COVID 19 limitations and challenges in a variety of ways. These adaptations have short-term, mid-term, and long-term implications for how companies and consumers will think about and plan for delivery of services in the future. In the short term, service providers have adopted a variety of strategies to keep employees and consumers safe, served, and informed: Some, such as Comcast Xfinity Home, have suspended...
Lisa Spencer , Global Head of Marketing,  Irdeto ,   gave her insights on privacy and security prior to the Parks Associates’  CONNECTIONS Summit at CES. Lisa will participate on the expert   panel  Privacy and Security: Protecting Consumers  on Tuesday, January 7, 2020 at 10 :00 am .  Panelists who will join her on this session include: Marcio Avillez , SVP of Business Development, CUJO AI Anurag Gupta ,...
 
The breadth of connected products in consumers’ lives continues to expand year-over-year. Households with smart home devices now have an average of six smart home devices , and ownership of any connected device (10.5 per household) continues to increase each year. Market players are now looking beyond established smart home devices like smart thermostats and networked cameras to add new and emerging products to their smart home offerings. Products like smart water leak detectors,...
 
by Chris O’Dell | Nov. 27, 2019
Tags: home safety, insurance, Internet of Things, smart home
In 2018, existing smart home households drove the market by expanding their adoption of devices. Households already owning at least one smart home device continued to purchase more devices, bringing the average number of devices in these households to six units compared to 3 devices in 2016. The latest trends and developments in smart home devices and services include expansion of smart technology into the home builder channel, large tech companies taking measures to increase their...
Prior to Parks Associates’ 23rd-annual CONNECTIONS: The Premier Connected Home Conference , Jeff Cutler, Chief Commercial Officer, Ada Health spoke with the firm’s analyst team to his thoughts on independent living in the smart home. Jeff participated on the Special Session: Independent Living in the Smart Home panel on Wednesday, May 22, at 3:30 PM. Panelists who joined him on this session included: Chris Gibbons, MD, Founder and CEO, The Greystone Group, Inc....
Currently, 25% of U.S. broadband households that do not own a smart home device and do not plan to purchase one will not purchase these products due to security and privacy concerns. Addressing consumer privacy and security concerns is a key issue for the industry and Parks Associates At the 23rd-annual CONNECTIONS: The Premier Connected Home Conference, Parks Associates and key industry leaders will explore new opportunities for service providers as well as current attitudes on data...

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