Providing market intelligence for more than 35 years

In The News

How the Pandemic Shaped the CES Agenda This Year

While connected home gadgets have always figured heavily into CES’ agendas in recent years, this year marked a shift in the specific kinds of smart devices people want, according to Jennifer Kent, VP of research at Parks Associates, who is speaking in multiple CES sessions at this year’s event, which runs Jan. 11-14.

Consumers are less concerned with remotely monitoring their homes when they aren’t there and more interested in products that enhance their at-home experience. And perhaps as a result of various forms of social unrest in the past year, consumers are also more interested in home security, Kent said.

“What’s been so interesting in tracking the smart home this year is the change in priority of where the value of the smart home is,” Kent said. “Now, we’re home all the time anyway so I can get up and change my thermostat if I want to, but we’ve seen a really big uptick in a stronger, kind of recommitment to one of the core value propositions of the connected home, which is safety, peace of mind and security.”

From the artilce "How the Pandemic Shaped the CES Agenda This Year" by Patrick Kulp.

Previously In The News

Smart Products Bring Business Opportunities to Insurers, Manufacturers

Smart products offer home insurance providers new ways to create operational efficiencies, introduce new services, and increase their value propositions for protecting the home, according to Parks Ass...

35% Of Large Builders Adding Smart Tech To New Homes: Study

“All builders report smart home technology is highly popular with consumers, and connected products are rapidly replacing non-connected models as standard in the home,” stated Brad Russell, research d...

App for COVID-19 contact tracing faces hurdles, generational divide over privacy concerns

A survey of 5,000 adults by Parks Associates indicates roughly half, 52 percent, are willing to share tracking data in an app while 28 percent are unwilling. Twenty percent are willing but only with p...

Entertainment Giants Reevaluate Their Smaller Streaming Services

“They’re all analyzing and asking, ‘Is it best for us to throw everything into one service, like an HBO Max, or have a main anchor service like a Paramount+, but also have the existence of other servi...