Providing market intelligence for more than 35 years

In The News

Video Doorbell Adoption Rises to 20% in U.S.

Perhaps due to the popularity of Ring, 20% of U.S. internet households now have a video doorbell, according to Parks Associates.

New research reveals that 20% of U.S. internet households now have a video doorbell, a figure that has risen drastically in recent years, and Parks Associates says that growth is largely due to the success of Ring.

Parks Associates‘ latest Smart Home Consumer Insights Dashboard finds that smart home purchasing is steady despite unfavorable economic conditions. The 20% figure is up from just 4% that owned a video doorbell in 2017.

However, the inroads to the mass market has caused a natural drop on the average number of devices per household, according to Parks Associates, as the average number of devices in a household with smart home devices has dropped below seven, compared to a high of eight devices in 2021.

Currently, 29% of homes with a smart home device own at least three devices, with growth occurring in the number of homes with 3-5 devices. This is compared to what Parks Associates call “Super Power Users,” which own at least 10 devices.

“Consumers have a continued interest in safety and security products with features that extend the understanding of the environment and can provide accurate and relevant notifications,” says Elizabeth Parks, president and chief marketing officer at Parks Associates, in a statement. “This is a big jump in adoption for the video doorbell category.”

Previous Parks Associates research has found that other smart home devices are also growing in popularity. Research released last month found that 41% of U.S. internet household own a smart home device, 63% own a smart TV, 13% own a smart light bulb, and 87% subscribe to a video streaming service.

From the article, "Video Doorbell Adoption Rises to 20% in U.S." by Zachary Comeau

Previously In The News

Netflix Reportedly Plans To Open Physical Stores With Themed Food, Meet-and-Greets, and Merch

Over the last few years, monthly spending on streaming subscriptions has declined 25% from $90 in 2021 to $73 in 2023, according to data from Parks Associates. From the article, "Netflix Reportedly...

The Smart Lock’s Role in PropTech

According to a 2022 study by Parks Associates, 43% of multi-dwelling units are home to at least one smart home device. “The most significant benefit of installing smart home devices in MDUs is ren...

AI-Powered Presence Detection

According to Parks Associates data, 62% of security system owners reported that their systems triggered “too many” false alarms in the last 12 months. To retain customers, security companies must prio...

Cross-platform Content Navigation Emerges as Key to Consumer Engagement

As a result, according to a recent Parks Associates study, over a third (36%) of OTT subscribers have become “service hoppers” — dynamically subscribing, unsubscribing and resubscribing to services mu...