Press Releases

Smart Spaces: Apartments, Hospitality, and Community Living, April 17-18 in Plano, Texas, addresses benefits of integrated tech solutions in MDU and hospitality markets

Parks Associates’ new research Smart Apartments: Connectivity and Services in MDUs shows that over 10% of apartment renters report receiving bulk internet service and over half of those receiving bulk report paying through a separate amenity fee. The research firm will feature research from this new study at ...read more

First-time buyers helping to expand the connected home market

Ahead of ISC West, Parks Associates’ new Smart Home Consumer Insights Dashboard reports that 28% of US internet households now have three or more smart home devices, with more and more households featuring first-time buyers. Among US internet households with a smart home device, the average household has 7.1 smart home devices. Parks Associates research also shows that 40% of US internet households have a security ...read more

Inaugural Smart Spaces opening session on tech growth in buildings features Arize, Blueport, Greystar, and Vantiva

Research firm Parks Associates will host Smart Spaces on April 17-18 in Frisco, Texas, bringing together technology leaders and property owners / building managers to share insights on next-generation solutions for smart apartments and smart spaces. The research firm’ latest study Smart Apartments: Connectivity and Services reports that 30% of MDU residents who ...read more

48% of households report monthly energy savings as the main purchase driver of solar panels

Parks Associates’ latest report “Solar and Storage: Opportunities in the Smart Home,” available to purchase online, finds consumers are concerned about high energy prices but still have low familiarity overall with solar panels. More than 60% of US internet households report their electricity costs are too high, which would benefit the market for solar solutions, but only 17% of US in ...read more

Duke Energy, Electronic Caregiver, and Rapid Response Monitoring to Keynote Executive Conference focused on the Connected Home

Parks Associates today announced the co-location of the tenth annual Connected Health Summit and the 27th annual CONNECTIONS™: The Premier Connected Home Conference on May 23-25, 2023, at the Omni Frisco Hotel in Frisco, Texas. The conferences, with keynote speakers fromDuke Energy, Electronic Caregiver, and Rapid Response Monitoring, will feature th ...read more

Executive conference, hosted April 17-18 in Plano, Texas, addresses growth of “PropTech” market

Parks Associates today announced the keynote lineup and confirmed speakers for its upcoming Smart Spaces: Apartments, Hospitality, and Community Living, April 17-18 in Plano, Texas, featuring visionary speakers from ADT Multifamily, World Cinema and Cox. The research firm will share its latest consumer and industry data throughout the event, including current penetration and resid ...read more

38% of Gen Z households with home security monitoring report intentions to cancel security monitoring contract

Parks Associates’ new consumer study Security Monitoring: Business Models, Pricing, Attrition finds that younger households are at higher risk for cancelling their professional monitored security, even as plans to cancel have dropped among all households. The research firm reports that 38% of Gen Z home security monitoring subscribers intend to cancel their contract ...read more

DIY customers show higher interest in add-on services than do security customers with a professionally installed system

Parks Associates released new research today, available to purchase online, showing nearly half of DIY security systems owners purchase their systems online versus just under a quarter of pro-install system owners. The new study, Home Security User Experience: Pro vs. DIY Installation, tracks the purchase journey for security system owners and quantifies th ...read more