Providing market intelligence for more than 35 years

As much as mega-companies like Apple are having an effect on the smart home market, the mobile service providers are truly having a transformative effect on the PERS market. New technologies have enabled new and powerful suppliers to enter the fray to address demand that is growing by leaps and bound every day. In fact, Parks Associates estimates the number of PERS users is expected to double from 3.36 million at the end of 2017 to more than six million by 2021. The market research firm points to new BYOD wearable/watch options and smartphone-based professionally monitored services as a major reason for this boom in overall usage.

From the article "PERS Disruption" by Paul Rothman.

Previously In The News

Starbucks has the most-used mobile payment app

Retailers and banks have their own mobile payment options. At least one research report from Parks Associates said that shoppers prefer mobile payment apps from retailers, and eMarketer noted that the...

The psychology behind the way Netflix raises prices

Unlike seven years ago, the move pushed Netflix’s stock to new heights. The key, for Netflix’s management, was learning to raise prices without spooking subscribers—by doing so in small and infrequent...

You can tell Comcast what to do on its Xfinity TV voice remote

Voice’s resurgence seems counter-intuitive. The technology first boomed in the 1990s with voice prompters in customer call centers – not always a satisfying experience as the prompters many times rout...

Smart Home Gadgets Need To Live Together

“We need to look at problems in the home from a holistic perspective and realize it is the value of all these devices working together that will drive adoption of the smart home,” EVRYTHNG senior vice...