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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...

Service Providers Can Now Elevate Their Business Models by Seizing Control of the Burgeoning Smart Home and Business Opportunity

According to Parks Associates, 26 percent of US broadband homes already own at least one smart home device, and 50% report issues when setting up a smart home device. While CSPs are usually not involv...

Lynx Technology to Present at CONNECTIONS™ Summit: IoT, Entertainment, and the Connected Consumer at CES® 2016

The interactive panel session, moderated by Brett Sappington, Director of Research for Parks Associates, examines changes in CPE product design and deployment as the OTT, broadcast, and pay-TV worlds...

Z-Wave Tackles IoT Security, Consumer Education as Ecosystem Hits New Milestones

Parks Associates data shows that 1 in 5 consumers in the US currently own smart home devices with global growth on the rise and residential connected devices will generate approximately 11 million sup...

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