Industry Press Releases

"The percentage of consumers reporting that their smart home vendor installed their device has more than doubled over the past year," said Patrice Samuels, Parks Associates' Senior Analyst. "Reducing friction associated with system installation and support is critical to both profitability and the customer experience."

Z-Wave SmartStart's incorporation of its new S2 framework, which provides the most advanced security for smart home devices and controllers, gateways and hubs ...read more

Market research firm Parks Associates estimates that 50 percent of Norh American broadband house-holds will have a smart home device by 2020. Xfinity Home offers its customers a new generation of home security and connected devices, letting customers manage and control connected devices on its one easy to use smart home platform.

From the press release "Comcast's Xfinity Home and Zen Ecosystems Announce New Partnership to Make Smart Homes Greener Homes"

GoControl’s 1 million devices together with 2GIG’s 3 million security and automation controls make Nortek Security & Control does seem to give it a good amount of power in the market.

According to Parks Associates, over 55 percent of installed smart door locks and garage door controls, smart smoke detectors and water leak sensors, and networked security cameras are integrated into a security system.

From the press release "Nortek Security Ships 1 Millionth Z-Wave Home Au ...read more

Audio Analytic works with Smart Home original equipment manufacturers and chip companies, with a range of consumer devices containing ai3 software already in the market and more slated to launch in 2017.

According to research firm Parks Associates, in the last two years Smart Home device ownership has more than doubled. Stuart Sikes, President of research firm Parks Associates, said: “We estimate companies will sell almost 55 million smart home devices in 2020.”

From the ...read more

The past decade has seen software become a key component in automotive development and consumers are eager for more connectivity in their vehicles. Research from Parks Associates found that 64% of car owners in U.S. broadband households who own a smartphone want embedded access to connected car features in their next vehicle. While this connectivity is essential to satisfy consumer demand, it also introduces new security threats on the road. With Link Motion and Irdeto, automake ...read more

“Privacy, interoperability, and value are key issues the industry needs to address in order to advance the growth of the connected home. Consumers must clearly see the personal benefit of connected products and services today, and they must believe that the chosen vendor will provide them with additional benefits down the road,” said Stuart Sikes, President, Parks Associates. “We are excited to hear from OnProcess Technology about their contributions in this evolving ecosystem.” ...read more

The eclectic mix of devices individuals and industry have labored to connect has grown massively. Juniper Research’s latest forecast estimates that the number of connected IoT devices, sensors and actuators will exceed 46 billion by 2021, a 200 percent increase from 2016. Per a new Parks Associates report, U.S. broadband households now own an average of eight connected computing, entertainment or mobile devices plus another two connected home devices. More than a third of consum ...read more

According to Parks Associates, over 55 percent of installed smart door locks and garage door controls, smart smoke detectors and water leak sensors, and networked security cameras are integrated into a security system. "The security channel remains the leading channel for smart home services and related products," said Tom Kerber, director of IoT strategy. "Nortek Security & Control's leadership in the smart home and security channel extends beyond the 2GIG controller and includ ...read more