Connected Home Systems and Services

Parks Associates estimates 15.7 million smart tags will be sold in the US in 2022, rising to 94.9 million in 2027

New research from Parks Associates reports that 95 million smart tags will be sold in the US in 2027, an increase from almost 16 million in 2022, as consumers use these solutions to track valuables, pets, and even other people. Smart Product Market Assessment: Smart Tags, Personal Trackers, and Asset Protection addresses the emerging market for Bluetooth / wirele ...read more

Research addresses demand for home networking equipment as US ISPs add 9.3 million new households across 2020 and 2021 

New research from Parks Associates reports that in Q1 2022, 52% of consumers acquired their routers from their ISP, now exceeding retail-acquired devices. Home Networking Smart Product Market Assessment includes consumer data and industry insight for home networking equipment, including trending data across years and insight into product adoption, brand foo ...read more

New whitepaper developed in partnership with Essence addresses security system innovations enabled by smart home connectivity

A new Parks Associates whitepaper reports that home security consumers are looking for solutions to reduce false alarms as well as improve responses to triggering events like home burglaries, while new solutions are emerging for device manufacturers to address these needs. The firm’s consumer research shows 62% of security system owners report that th ...read more

New research highlights interest in smart appliances and consumer shopping behaviors for smart home solutions

Parks Associates’ new consumer research Smart Home Products: Mapping the Buyer Journey reveals smart home shoppers collect information from a mix of online and in-store sources when researching products. Smart home buyers researched product information from an average of more than two different types of sources before making a purchase decision. The consumer study pr ...read more

21% of small-to-medium businesses (SMBs) report a need for safety and security solutions

International research firm Parks Associates today announced it will host two sessions, featuring executives from Alarm.com, Alula, Bates Security, Brivo, HavenLock, Homebase, Johnson Controls, Nice, Plume, Salto Systems, and Silicon Labs, on Wednesday, June 15, at Electronic Security Expo (ESX) at the Fort Worth Convention Center. The sessions, "SMBs – Expanding Opportunities with New S ...read more

New whitepaper developed in partnership with PassiveBolt addresses IoT edge solutions in smart spaces

Today Parks Associates released the whitepaper Smart Locks and Access Control Supply Chain: Scaling Innovation, which addresses the demand, growth, and new business opportunities in IoT edge solutions in apartments and MDUs, retail and warehousing, and hospitality and building management. The research, developed in partnership with PassiveBolt, highlights the rise in demand ...read more

Smart Home Tracker highlights industry news and activities of key players in smart home market

New Parks Associates research in the firm’s Smart Home Tracker finds smart home mainstays are strengthening their offerings by acquiring smaller companies with deep expertise. Resideo recently acquired fire and life-safety solutions manufacturer First Alert, Inc., and Crestron recently acquired intelligent video technology from 1 Beyond. Parks Associates’ Smart Home Tracker provide ...read more

Industry webinar features discussion with Cox Communities on market for MDU smart apartment deployments

Parks Associates research finds that among prospective MDU (multi-dwelling unit) tenants, 65% look to preinstalled smart home devices as a key amenity. The research firm, in partnership with Cox Communities, is hosting the industry webinar “Planning and Partnerships in Smart Apartment Deployments” on Thursday, May 26, at 11 am CT US (12 pm ET) to discuss the rapid growth f ...read more