"smart home" articles

Download Parks Associates’ new complimentary White Paper “Vision-Based Technology: Next-Gen Control,” in collaboration with Adeia. Vision-based solutions could improve and simplify the consumer experience in navigating and selecting content on this device. This whitepaper examines these and other potential use cases where vision-based interfaces would augment the consumer experience and enhance their ability to interact and control their devices.   ...

Parks Associates' research finds most consumers (72%) are concerned with the security of their smart home products and their network.   Download our complimentary white paper “Protect the Connected Home: Home Security Meets Personal Privacy,” in collaboration with Assurant ! This white paper highlights consumers’ privacy concerns around smart home devices and the opportunities that pro monitoring security providers have to offer warranty and...

Parks Associates research finds that since 2016, the average number of connected devices has almost doubled - rising from 9 per household in 2016 to 16 per household in 2022. These devices comprise a mix of smart health, smart home, and computing and entertainment products. Products are located in many areas of the home, with many smart home products such as IP cameras deployed to the edge of the network and smart TVs occupying multiple rooms of the household. The return of the home...

CONNECTIONS™ Summit at CES 2023 is an annual research and industry event hosted by international research firm Parks Associates at CES. CONNECTIONS™ Summit features in-person sessions during CES 2023 on January 5, 2023, in Las Vegas and focuses on the rapid deployment of connected products for consumers including the new business models, technologies, partnerships, trends, and key issues impacting the rapidly changing landscape of the connected home. The executive event...

While security has remained a key driver for smart home adoption, energy is rapidly becoming more popular. The big news of the day is the announcement of NRG Energy acquiring Vivint Smart Home for $2.8 Billion - with a focus on bundling and cross selling security and energy management services. Parks Associates recent consumer research suggests that consumers are growing more concerned about their energy costs and more aware of the environmental impact of their energy choices....

Cameras, whether doorbell or freestanding, are one of the fastest areas of innovation in home security. Companies are improving pixel quality, night vision, thermal vision, camera view, camera durability, battery life, and A.I. detecting capabilities. They are also adding new features to deter intruders or porch pirates. As this occurs, consumer demand increases. Parks Associate’s research finds cameras and video doorbells are the top two devices’ consumers add to their home...

One unique market for smart spaces solutions is that of smart apartments and MDUs. Smart apartments feature smart amenities for residents, community management solutions, and building automation solutions. These solutions are growing in popularity among MDU property managers and owners in the US and Europe. In Europe, this is noted by investments in property management software, such as Plentific, which raised $100M in funding from Brookfield Asset Management, Highland Europe, and Target...

Join leading industry executives and analysts in discussing the entertainment services landscape at Parks Associates’ Future of Video 2022 event series. Panelists will discuss research that analyzes industry themes such as hybrid business models, streaming measurement challenges, service stacking and churn, and consumer usage trends. AGENDA: Welcome: State of the Video Market Elizabeth Parks , President and CMO,  Parks Associates...