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Broadband Household Smart Home Device Ownership Rose 7% In 2016, Parks Associates Says

Broadband availability may be far from ubiquitous in the United States, but in the homes where a connection is present a new Parks Associates survey revealed that 26% now own a smart home device, up from 19% from the end of 2015.

The research firm, which presented its filings from its upcoming 360 View: Residential Security and Smart Home study at this week’s Consumer Electronics Show (CES), tracks trends related to consumer engagement with IoT solutions combined with strategic insights to drive mainstream adoption of smart home products and services.

From the article "Broadband Household Smart Home Device Ownership Rose 7% In 2016, Parks Associates Says" by Sean Buckley.

Previously In The News

How insurers are using smart-home technology

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EVs Need Long-Term Love to Live Up to Their Engineering

A new survey from Parks Associates finds that “Inflation and interest rates are up, and consumers perceive electric vehicles as expensive, challenging to charge outside the home, and limited in range....

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For many Americans, the average cost of home internet is $63 a month, which might seem like a good deal. However, according to Parks Associates data from 2022, US households spend an average of $116 a...

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"Consumers are spending less, but rather than go without, many are using ad-based alternatives to save on costs," Sarah Lee, research analyst at Parks Associates, said in a report. Recent research...

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