Connected Home Systems and Services

Thursday, February 02, 2023

Apple is the leading ecosystem with nearly 20% of US internet households owning 3+ Apple-brand device types

Strong growth in the smart watch category has increased Apple’s stickiness, with its base of ecosystem loyalists growing by 15% since 2019

Parks Associates’ new research from its quarterly survey of 10,000 internet households shows that Apple is leading the ecosystem among connected consumers, with nearly 20% of US internet households owning three or more Apple-brand device types. The research study Quantifying Brand Loyalty: Connected Device and Platform Ecosystems evaluate ...read more

Wednesday, January 18, 2023

Following CES, Parks Associates Releases Top Insights across Key Tech Categories in Connected Home, Streaming Video, Health, SMB, and More

International research firm highlights transformational role of tech for consumers and business

Parks Associates’ latest research, featured in a newly released series of Top Insights documents, reveals adoption across virtually all device and service categories continue to grow:

  • Smartphones are present in 87% of US internet households.
  • Smart TVs are now in 63% of internet households.
  • 38% of US Internet households own at least one smart home device, like a ...read more

Thursday, January 05, 2023

CES 2023 highlights importance of ease of use for connected products

47% of households planning to purchase a smart lock indicate a keypad is a must-have feature

Innovative smart home products showcased at CES® 2023 focus on simplicity, ease of use, and interoperability. Dozens of companies including ADT, Alarm.com, Essence Group, and more featured new product announcements in the safety and security space. Research from Parks Associates supports the demand for useful and simple features—nearly 50% of households planning to purchase a smart d ...read more

Thursday, December 08, 2022

67% of security system owners are interested in a warranty service that replaces or repairs damaged or otherwise inoperable devices

New whitepaper in partnership with Assurant addresses new opportunities for device protection and data privacy services among home security providers

A new Parks Associates whitepaper, Protect the Connected Home: Home Security Meets Personal Privacy, reports 67% of security system owners are interested in a warranty service that replaces or repairs damaged or otherwise inoperable devices. The research, released in partnership with Assurant, highlights consumers’ privacy conc ...read more

Thursday, November 10, 2022

Parks Associates announces inaugural executive conference Smart Spaces: Apartments, Hospitality, and Community Living

84% of property managers/owners intend to install internet-connected devices on at least one property in the next 12 months

Parks Associates today announced a new event, Smart Spaces: Apartments, Hospitality, and Community Living, with the inaugural session “Tech-Enabled Buildings: Driving Next-Gen Services” taking place virtually on November 17. In 2023, Smart Spaces will feature multiple virtual sessions and an in-person conference at the Hilton Granite in Dallas, Texas, o ...read more

Wednesday, November 02, 2022

Security dealers have new opportunities to take control of Wi-Fi network, reducing costs and driving new revenue opportunities

New whitepaper in partnership with Johnson Controls addresses support and pervasive wireless connectivity issues

Parks Associates today released the whitepaper Control the Network, Control the Costs: Solving the Wi-Fi Problem in Home Security, developed in partnership with Johnson Controls. New research from Parks Associates shows a growing demand for smart home products through security system providers, but technical challenges with Wi-Fi are pervasive. Fifty-one percent o ...read more

Thursday, October 27, 2022

Nearly 40% of US internet households report owning some security solution

Residential Security Tracker highlights current landscape of residential security market, including new trends and product announcements

Parks Associates’ most recent update of its Residential Security Tracker assesses the residential security market, offering insights on security players’ expansion into the MDU market and the latest trends and industry news. Consumer research featured in the Residential Security Tracker reveals that in Q2 2022, nearly 40% of US internet hou ...read more

Tuesday, October 25, 2022

7-9% of US internet households own a smart garage door opener

New market assessment addresses consumer and industry trends in smart garage door opener market 

New research from Parks Associates reveals 7-9% of US internet households own a smart garage door opener, although significant percentages of these owners are not using the smart capabilities of their devices. Twenty percent of these owners have a smart garage door opener that is not actively connected to the internet, and 42% of those with these unconnected devices never set up ...read more

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