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

Veego Gives Eyes to ISPs, Enabling Automatic Detection and Repair of Smart Home Problems

According to a study by Parks Associates titled 360 View: Supporting the Connected Consumer, “Unresolved technical problems with smart home devices have risen 240% in 3 Years. 79% of consumers have se...

Fidelity Communications Upgrades 19,000 Customers to 50 Mbps

Content streaming isn't the only case for increasing speeds. In a recent report from Parks Associates, U.S. broadband households owned an average of 10.4 connected devices in 2018. The report also pre...

Plume Launches Uprise to Transform Connectivity Services for MDUs

"The global MDU market is ripe with opportunities to fully address the complexity of providing and supporting various technology solutions," said Elizabeth Parks, President, and CMO of Parks Associate...

The Connected Home is Growing: WiFi Router Outranks Smartphone as #1 Technology US Adults Can’t Live Without for More Than One Day

“Consumer concerns about data privacy and security, including both the unauthorized hacking of devices and theft of device data, consistently rank as one of the leading concerns about connecting devic...