Providing market intelligence for more than 35 years

Yahoo! Finance & News

27% of U.S. Broadband Households Interested in Technical Support for Emerging Connected Devices Such as Smart TVs, DVRs, and Thermostats

Smart TVs, DVRs, smart thermostats, and other new connected devices are an emerging market for tech support services, according to Parks Associates' consumer research. Technical Support for Emerging Devices reports over 25% of U.S. broadband households value support service for at least one of these "emerging" devices, with 17% interested in support for multiple devices.

"Emerging" devices in this consumer study are specifically defined by Parks Associates as smart TVs, connected Blu-ray players and DVRs, game consoles, streaming media players, smart thermostats, electronic door locks, IP security cameras, automatic lighting controls, networked audio systems, and wireless speakers.

"The adoption of connected CE devices is growing across three fronts -- home video equipment, home audio equipment, and home management equipment -- with over 75% of U.S. broadband households owning at least one of these emerging devices," said John Barrett, director, consumer analytics, Parks Associates. "All three categories present unique challenges to consumers, but compared to PCs and smartphones, they have received marginal attention from support providers."

Parks Associates data show adoption of these devices will continue to rise, especially among Internet-enabled home management equipment. With the market still in the early stages, providers need to begin planning their support service offerings for these expanded product categories. Best Buy's Geek Squad already covers a variety of devices. Service providers such as AT&T and Comcast offer TV protection options as part of their services.

"The computer is still at the center of support services," Barrett said. "Optimum support packages will bundle device support with computer services, with options to add advanced devices as they are acquired. This market offers a significant path to recurring revenue: the more devices consumers acquire, the more likely they are to opt for service subscriptions."

From the article, "27% of U.S. Broadband Households Interested in Technical Support for Emerging Connected Devices Such as Smart TVs, DVRs, and Thermostats."

Previously In The News

Global LTE subscribers to top 50 mln this year: report

Global subscription to the fourth-generation long-term evolution (LTE) network is likely to surge more than five-fold to reach some 50 million this year from last year's 9 million, a report showed...

Apple challenges Google's dominance in smartphones as iPhone 5 nears release

As Apple prepares to release its new iPhone model, new research from Parks Associates shows the iPhone leads its rivals in customer satisfaction, with 75% of its owners "very satisfied" with their...

iPhone to Put New Networks to Test

Similarly, Verizon offers broad coverage in the San Francisco Bay area, southern coastal region stretching from Los Angeles to San Diego, and the Central Valley. But there are Bay Area holes, inclu...

Buying Gadgets - No Gender Issue

Now back to the subject of women buying more tech products than men. According to a report from Parks Associates, more women than men are downloading movies and music, women do the majority of game...