Connected Home Systems and Services

Parks Associates reports U.S. IP-based home monitoring service market will reach $4.4 billion by 2016

Parks Associates projects the percentage of U.S. households with professionally monitored services will expand to 30% by 2020, with consumer demand for remote monitoring, coupled with the expanding presence of broadband service providers, driving growth in the security market.

In its new report IP-based Home Monitoring: Security, which analyzes trends driving the market ...read more

Bill Ablondi to introduce keynote panel session and highlight trends in energy management solutions

Parks Associates’ Director of Home Systems Research Bill Ablondi will lead and moderate the keynote panel session “The Future of Energy Management” during the CEDIA Expo on Friday, September 24. CEDIA EXPO 2010 will take place September 22-26, 2010, in Atlanta, GA.

Bill Ablondi will present findings from Parks Associates’ Residential Energy Management project, including co ...read more

Energy management, entertainment systems control, and remote home monitoring to drive adoption of home controls  

The home controls market must focus on individual applications, such as entertainment and energy management, to overcome current inhibitors and boost its penetration beyond the present 6% of U.S. households, according to international research firm Parks Associates.

The firm’s report Home Systems: Home Controls – Analysis and Forecasts finds low consumer awar ...read more

Security Monitoring Fees for U.S. households have increased 15% since 2007

Home security companies have avoided the worst of the recession due to a stable core of consumers who have kept their monitoring services despite rising fees, according to international research firm Parks Associates.

In its latest report Home Systems: Home Security - Analysis and Forecasts, Parks Associates finds the average monitoring fee for a U.S. household increased from $28.60 to $32 betwee ...read more

Seventy-five percent expect sales to improve in 2010

On average, U.S. home systems integrators, who have had revenues fall for the past two years, expect sales to pick up by more than 9% in 2010 over 2009, according to Home Systems: Channel and Consumer Monitor.

This report includes results of a fourth-quarter 2009 survey of integrators installing home controls, entertainment systems, and energy management solutions, conducted as a joint effort from international researc ...read more