Providing market intelligence for more than 35 years

Industry Press Releases

FUTURE ENERGY TRENDS: GETTING SMARTER ABOUT DEVICES AS THE ENERGY MARKETPLACE SHIFTS INTO ITS NEXT GEAR

Among those consumers who have converted to become a smart home family, research reveals that the smart home industry is indeed growing! According to recent data from Parks Associates, additional smart home devices – from thermostats and device-control products to security components, including doorbells and locks – have increased among smart home device owners, and on average, owners have eight of these devices.

“Energy savings are an important benefit for consumers, and many households are taking an active role in monitoring and managing their energy consumption,” said Chris White, Senior Analyst, Parks Associates.

In fact, one third of internet households don’t know what kind of power they get from their utilities, and among those, over half (58%) don’t know where to find out, according to Parks Associates data. To build onto this, another Parks Associates study reveals that even fewer U.S. broadband households are aware of services that offer energy monitoring and management products from their electricity provider (only 19%). 

From the press release, "FUTURE ENERGY TRENDS: GETTING SMARTER ABOUT DEVICES AS THE ENERGY MARKETPLACE SHIFTS INTO ITS NEXT GEAR."

Previously In The News

LG's Latest Smartphones Utilize Sensory's TrulySecure Facial Recognition for Greater User Convenience and Enhanced Device Security

LG has also implemented Sensory's TrulySecure Speaker Verification and TrulyHandsfree wake word so phones can have added security through voice, and wake on command with low power activation that does...

Lynx Announces OCF-Compliant Smart Home Hub Solution

“Over 26% of U.S. broadband households currently own a smart home device and 442 million connected devices will be sold in the U.S. by 2020,” according to Brad Russell, senior analyst with Parks Assoc...

Greenwave's AXON Predict Deployment Delivers Real-Time Analytic Insight to Kaon Gateway and Set-Top Box Products

"The need for improved, real-time analytics capabilities at the edge of the network is real and increasing, and embedding real time analytics provides multiple benefits in performance and efficiency,"...

Sleep Number to Address Sleep Tech at Connected Health Conference 2017

While consumers are beginning to understand that poor sleep detracts from quality of life and contributes to chronic health problems, they have a difficult time knowing what to do to improve their sle...