Providing market intelligence for more than 35 years

Industry Press Releases

Xfinity Home Customers Now Have More Connected Door Lock Options From Kwikset to Remotely Manage Access to Their Home

According to Parks Associates, nearly a million smart door locks will be sold in 2017 and they are forecasted to grow at a compound annual growth rate of 15.5% to 1.7 million units by 2021.

"Smart door locks are among some of the most strongly adopted smart home devices with eight percent of U.S. broadband households reporting ownership in 2017," says Brad Russell, Research Director, Parks Associates. "Smart door locks not only serve the recognized home security use case but are providing expanded value through integration with video cameras and doorbells for remote access control for everything from vacation rentals to home services and package deliveries."  

From the article "Xfinity Home Customers Now Have More Connected Door Lock Options From Kwikset to Remotely Manage Access to Their Home."

Previously In The News

DIRECTV NOW Has 1 Million Reasons to Celebrate 1 Year of Service

"To reach 1 million subscribers is an important benchmark for any OTT video service, but to go from zero to 1 million subscribers so quickly is quite an achievement," said Brett Sappington, Senior Dir...

The Zigbee Alliance and Thread Group Address IoT Industry Fragmentation with the Availability of the Dotdot Specification over Thread’s IP Network

“We’re at an exciting point in the Smart Home where the broader consumer market is embracing mainstream connected products; 26% of consumers own a smart home device according to our new research,” sai...

Quorvo HelloTech Brings Tech Support Home for the Holidays to Ensure Stress-Free Smart Home Setup and Installation

According to a recent survey from Parks Associates, the leader in smart home industry research, approximately 50% of consumers in U.S. broadband households report problems with setting up a smart home...