Providing market intelligence for more than 35 years

HiddenWires

Keys to Entering the Smart Home Economy

In late 2014, research by Parks Associates found that 16 percent of US broadband households owned a smart home device and one-third have experienced at least one technical problem with their devices. Among these households, 56 percent were willing to pay up to €9.09 per month for a technical support service, and 43 percent were willing to pay up to €33.19 per month.

From the article "Keys to Entering the Smart Home Economy" by Jon Carter.

Previously In The News

Tech Support: How AV Pros Can Meet IoT Demands

Growth in broadband speeds, mobile control, and cloud services alongside falling price points for popular connected devices are driving intense market growth for the Internet of Things (IoT). The n...

2005 International CES To Showcase The Networked Home Market

The Digital Home Conference and Showcase, produced by CONNECTIONS (a Parks Associates and CEA partnership, will examine the evolution of the consumer music experience, portable entertainment device...

Parks Associates: Consumer preferences for tech support in Europe divided among service providers, manufacturers, and independent companies

Branding and delivery of home technical support services to vary in Europe Parks Associates’ latest study Customer Support in the Digital Home: Europe finds European households vary significantly i...

CEDIA and Parks Associates: Electronic Systems Contractors diversify their services with green and retrofit opportunities

The majority of U.S. home systems integrators, who have had average revenues fall almost 17% since 2007, are making adjustments to compensate for declines in new-home construction and consumer spen...