Providing market intelligence for more than 35 years

In The News

2016 Size and Scope Survey Estimates $2.3M Growth

Each year CEDIA conducts its Size and Scope of the Residential Electronic Systems Industry Survey to analyze the size of the industry and identify market trends. In 2016, the average system integrator is projecting 17 percent growth with estimated revenues at $2.5 million; CEDIA and research partner Parks Associates takes a more conservative view, estimating a 7-10 percent rate of growth in 2016, equating to revenues of $2.3 million. 

From the article "2016 Size and Scope Survey Estimates $2.3M Growth" by www.residentialsystems.com

Previously In The News

Smart Lighting Adoption Surges Among US Internet Households

New research from Parks Associates reveals a surge in smart lighting adoption among US internet households, with 13% using smart light bulbs and 6% employing smart lighting control systems. Parks A...

Are Consumers Right to Fear Connected Home Products?

According to a recent whitepaper by Parks Associates, “72 percent of smart home product owners are concerned with the security of personal data collected by their devices.” From the article, "Are C...

Christmas in July: Cheers to a Healthy New Year!

Currently, 51 percent of U.S. households have at least one connected health device, according to Parks Associates. Consumer awareness about the shift towards care in the home is growing and a new buzz...

Report: Smart Homes are Home Sweet Home for MDUs

Smart home devices are very popular and can contribute mightily to satisfaction with multi dwelling unit living, according to a white paper from Parks Associates and Cox Communities. In July, 2021,...