Press Releases

Thursday, February 21, 2019

One in four U.S. broadband households intend to purchase smart door locks

Industry assessment provides in-depth analysis of smart door lock market

Research from Parks Associates’ latest market assessment, Smart Door Lock Market Assessment, finds that one in four U.S. broadband households intend to purchase a smart door lock in the next 12 months. These intentions will expand the demographics of product owners over the next several years into more early mass-market segments, including households with moderate incomes and smaller homes.

“Ma ...read more

Monday, February 18, 2019

48% of consumers with access to load control participate in this energy program

Industry leaders to address revenue potential of new energy related services at 10th-annual Smart Energy Summit

Research from Parks Associates finds 38-48% of U.S. broadband households participate in energy programs when their utility offers them, including 48% who have signed on to load control. Forty-two percent have received energy management and monitoring products from their utility when offered. Parks Associates will host the 10th-annual Smart Energy Summit: Engaging t ...read more

Thursday, February 14, 2019

Smart speaker sales will exceed 64 million in 2022

Industry report addresses strategies for integrating voice with user interfaces

Parks Associates research estimates U.S. households will buy more than 64 million smart speakers with voice assistants in 2022, part of the smart home trend driving widespread adoption of voice control. Strategies for Integrating Voice in the Smart Home finds adoption of these devices increased by 800% from 2016 to 2018, reaching nearly one-third of U.S. broadband households by the end of 2018.

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Wednesday, February 13, 2019

Direct Energy, EnergyHub, Itron, Nest, and Tendril to Keynote tenth-annual Smart Energy Summit

Energy and smart home execs address future of consumer energy and impact of connected consumer devices in Austin, Texas 

International research firm Parks Associates today announced the keynote lineup for its 10th-annual Smart Energy Summit: Engaging the Consumer includes executive from IoT leaders Direct Energy, Nest, EnergyHub, Itron, and Tendril.  The executive conference, held February 18-20, 2019, in Austin, Texas, will examine the impact of smart home, AI and data ...read more

Tuesday, February 12, 2019

65% of smart thermostat owners interested in dealer service that performs system cleaning and preventative maintenance on equipment

Industry leaders to address revenue potential of new energy related services at 10th-annual Smart Energy Summit

Research from Parks Associates finds 65% of smart thermostat owners are interested in a dealer service that periodically cleans and performs preventative maintenance on their HVAC equipment. Parks Associates’ 10th-annual Smart Energy Summit: Engaging the Consumer will feature sessions that explore the crossover appeal and revenue potential of new services when bund ...read more

Thursday, February 07, 2019

35% of U.S. broadband households with insurance interested in getting proactive risk notices from their insurer

Webcast examines new opportunities for insurers and insurance services in the smart home markets

Parks Associates research finds 40-50% of U.S. broadband households with home or renters insurance are interested in additional insurance services, including 35% who are interested in proactive communication of potential risks. The firm will detail these findings and the market opportunities they create in the webcast “Smart Home and Insurance: Partnerships and Go-to-Market Strat ...read more

Wednesday, February 06, 2019

28% of U.S. broadband households familiar with TOU plans, but only 18% have access to one

Pre-conference workshop at Smart Energy Summit to address opportunities for energy providers in the smart home

New energy research from Parks Associates finds 28% of U.S. broadband households are familiar with time-of-use rate programs, including 16% who are very familiar, but only 18% report their utility offers a TOU program. The research firm will host the pre-conference workshop, “Opportunities for Energy Providers in the Smart Home,” on February 18 at the Omni Austin Ho ...read more

Tuesday, February 05, 2019

97% of smart speaker households own only one device brand

Consumer study addresses adoption of high-performance video, gaming, and audio devices

New research from Parks Associates finds smart speakers inspire strong brand loyalty among owners—97% of smart speaker households own only one brand in this device category. 360 Deep Dive: Consumer Demand for High-End Entertainment Devices reveals two-thirds of smart speaker households own an Echo device, while almost one-third own a Google Home. Low-end models such as the Echo Dot and Goo ...read more

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