Press Releases

Tuesday, June 28, 2022

50% of US internet households earning more than $100,000 annually say their electricity costs are too high

Orro, Smart Energy Water, Homebase, NRG Energy, and more to speak at Smart Energy Summit

Parks Associates latest consumer study,“Smart Energy at Home: Renewable, Responsive, Resilient,” reveals most consumers want to use less energy and view energy costs as too high—50% of US internet households earning more than $100,000 annually say their electricity costs are too high. The international research firm will share insights into consumer adoption of smart energy devices and i ...read more

Thursday, June 23, 2022

36% of consumers would pay more to use power from renewable sources

Industry webinar, in cooperation with Schneider Electric, features insights on opportunities, challenges, and trends in home energy

Parks Associates research reveals consumer interest in renewables is growing stronger—56% of US internet households would select renewables as an energy source if costs were the same and 36% say they would pay more to use power from renewable sources.  The webinar “Smart Home Energy Solutions: Making a Complex Future Simple” on Thursday, June 28 ...read more

Tuesday, June 21, 2022

By 2024, traditional pay-TV services will decline to 76.7 million households, a 27% drop since 2014

New industry report analyzes how current top trends in the video services market will affect the industry in the future 

A new Parks Associates report, Video Services: State of the Marketreveals that pay-TV subscriptions and revenues are on a continuous decline as consumers embrace OTT services. The research firm forecasts that traditional pay TV will decline to 76.7 million households by 2024, the lowest penetration in a decade and a 27% drop from 2014.

“There ha ...read more

Friday, June 17, 2022

More than 55 million households are interested in a product that removes dust/allergens and purifies the air, according to Parks Associates research

Parks Associates’ Connected Health Summit highlights opportunities for healthcare and smart home providers to bring solutions and new experiences to consumers  

Parks Associates hosted the Connected Health Summit session “Smart Home and Health: Modern Living” on Thursday, June 16, to discuss new solutions and services from health and smart home providers. The ninth annual Connected Health Summit, sponsored by ADT Medical Alert, Alarm.com, EarlySense, Johnson Controls, Rapid ...read more

Tuesday, June 14, 2022

International research firm Parks Associates hosts sessions focused on multifamily and SMB security markets at Electronic Security Expo

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

Thursday, June 09, 2022

Over 12 million US internet households own a smart door lock

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

Tuesday, June 07, 2022

Leading smart home companies took action in Q1 2022 to add more brand equity and new technology via acquisitions

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

Wednesday, June 01, 2022

51% of smart home owners who have recently experienced at least one technical issue report loss of wireless connectivity

Industry webinar features discussion with RouteThis on how brands can use support services to create customer loyalty

Parks Associates research finds 50% of smart home device owners have experienced a recent problem with one or more of their devices, with the majority of problems related to wireless connectivity. These issues contribute to the high return rates for these devices. The research firm will examine how companies can improve the user experience and build brand loy ...read more

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