Providing market intelligence for more than 35 years

Industry Press Releases

Sigma Designs Announces Break-Through Z-Wave® UL Component Recognition

"Our data said the monitored security market grew at approximately a rate of 15 percent in 2014," says Tom Kerber, director of research, home controls & energy for Parks Associates. "That is very strong for an industry that had been relatively consistent. Much of that was the addition of interactive controls. Our consumer data shows that when you add home controls and interactive services to a basic security system, the appeal increases by as much as two-fold. In fact, we had predicted that the market would grow by about 50 percent over the next 10 years, but we have had to revise that forecast up to probably more like in the next five years." 

From the press release "Sigma Designs Announces Break-Through Z-Wave® UL Component Recognition" by www.hometoys.com

Previously In The News

PlumChoice Appoints David Shimoni as President and Chief Executive Officer

“Parks Associates forecasts that the consumer and SMB technical support services market will grow to nearly $15 billion by 2018. That growth signifies the need for support services before, during and...

Cozify To Present At Parks Associates’ 11th-Annual CONNECTIONS Europe

The interactive panel session, moderated by the Stuart Sikes, President of Parks Associates addresses the pricing models, smart home channels, emerging partnerships, and new technologies that are disr...

GoX Studio's Calories Burned Algorithm Proves 11.7 Times More Accurate Than Leading Fitness Trackers

According to Parks Associates, the fitness tracker industry is set to almost triple from one valued at $2 billion in 2014, to $5.4 billion by 2019. For more information, consumers and licensing partne...

Unilectric Introduces Smart Home Technology at CES 2017 - Unilectric Energy Controller (UEC) Monitors and Manages Power at the Circuit Level

Parks Associates' Tom Kerber says that Unilectric offers a "highly differentiated solution" that is a "key component for smart home and energy management which addresses key value propositions for Con...