Industry Press Releases

“The consumer and enterprise use of mobile smart assistants is on the rise. This creates a real need for a low-power solution that enables users to enjoy these functionalities via a simple voice-enabled interface,” said Harry Wang, Research Director at Parks Associates. “Integrating with both mobile and wearable devices, DSP Group’s solution will further increase the usage of such applications – creating value for application developers, service providers, and end users,” he con ...read more

"Our data said the monitored security market grew at approximately a rate of 15 percent in 2014," says Tom Kerber, director of research, home controls & energy for Parks Associates. "That is very strong for an industry that had been relatively consistent. Much of that was the addition of interactive controls. Our consumer data shows that when you add home controls and interactive services to a basic security system, the appeal increases by as much as two-fold. In fact, we had pr ...read more

EnergySage announced today that John Gingrich, senior vice president of strategic partnerships, will present at the Parks Associates 2016 Smart Energy Summit: Engaging the Consumer, taking place February 22-24 in Austin, Texas. The event will bring together industry leaders, utilities, and analysts to examine adoption trends for smart home and energy management products, expansion of energy efficiency and DR programs, and the integration of Internet of Things (IoT) technologies ...read more

The growing IoT ecosystem was a leading topic at CES 2016 in Las Vegas, especially at the collocated Parks Associates CONNECTIONS Summit. A market research and consulting company specializing in emerging consumer technology products and services, Parks has reported that ownership of smart home products increased by 50 percent in the past year and that 43 percent of U.S. broadband households plan to purchase a smart home device in the next 12 months. By demonstrating proper IPv6 ...read more

“Hampton’s integrated solar power management and battery system enables integration of Wi-Fi, the default home network technology available in 86% of U.S. households,” said Tom Kerber, director of research at Parks Associates. “Technologies that extend battery life or eliminate the need to replace batteries altogether provide significant differentiation in the smart home market.”

From the press release "Brink's Home Security Announces 'Array' Solar Powered Deadbolt With Home ...read more

"The physical, mental, and financial burden on family caregivers are real and their sacrifice for loved ones were aggravated by lack of well-designed decision support tools and shortage of effective care task management solutions in the past," said Harry Wang, director of mobility and digital health research at Parks Associates, the co-author of the report. "Fortunately, the tech industry has been mobilized and this report shines the light into caregiver needs areas where critic ...read more

"With its real-time analytics, the ART platform demonstrates the next generation of smart home technologies," said Stuart Sikes, President at Parks Associates. "ART's capabilities for accurately detecting people and their behavior in real time can assist in eradicating false alarms in home monitoring, and opens tremendous possibilities for caring for the elderly at home."

From the press release "Apical Announces Accreditation Program For ART, A Platform For People To Interac ...read more

According to recent research from Parks Associates, a market research and consulting company, approximately 14 percent of U.S. broadband households have expressed an intention to purchase a networked security camera.

“With Arlo Q, our goal was to deliver an incredible end-to-end experience that leaves you feeling as though you are right there in the home, even though you may be a world away,” said Pat Collins, vice president of NETGEAR Smart Home Products. “In addition to Ar ...read more