"smart home" articles

Parks Associates ’ 25th annual CONNECTIONS: The Premier Connected Home Conference series is excited to announce Xfinity Home  as a Research Partner Sponsor. Xfinity Home is a global media and technology company that is principally focused on broadband, aggregation, and streaming with over 56 million customer relationships across the United States and Europe. They deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create,...

With the exception of the high-end, luxury home market, consumers are still working to “build” their smart homes — by buying single devices and connecting them to create an experience that provides value around the core propositions of safety and security. Even within the security market, we see consumers building on top of their existing services to add in new smart home devices that provide new value through the experience that products like a smart door lock or doorbell can...

            ISC West concluded this week featuring exciting, new product announcements in the security space. Leading brands such as Allegion, Clare Controls, Snap One, Alarm.com, and NAPCO unveiled upcoming additions to their various IoT-based solutions offerings. In a positive sign that trade show activity in the tech space is starting to show signs of life, ISC West reported that 10,000 people attended the show...

Earlier in the year, the original iPhone celebrated its 14 th anniversary.  Steve Jobs, Apple’s then CEO, took the stage at Macworld and amazed the globe with a product that literally changed how we communicate, work, and enjoy video and music content.  One could also argue that the iPhone (and the smartphone category in general) ultimately enabled social media apps to ascend to the level of popularity they currently enjoy.  In short, it’s evolved into a device that...

Amidst this disruptive year, the smart home market continued its steady growth, with 34% of consumers owning a core smart home device and 41% owning a remotely monitored connected home device. Not only are new households getting in on the smart home trend, but current device owners are adding to their collection. Parks Associates research shows that 17% of US broadband households are now what we call smart home Power Users, meaning they own at least five smart home devices — and this...

Over the last year, Samsung has slowly but steadily moved toward an app-only approach to its SmartThings platform. With 6% of broadband households using SmartThings as their solution to control their smart home devices, according to Parks Associates research in Q4 2020, these changes impact millions of consumers. Recently, Samsung passed a major milestone in this transition from hardware with the sunsetting of its Gen.1 Hubs last week (June 30th). SmartThings ecosystem users who...

Parks Associates continues its 25th annual C ONNECTIONS: The Premier Connected Home Conference virtual series with the upcoming session MDUs: Scaling Up on July 14 from 12:30 PM to 2:45 PM CT. During this session, leading industry executives will address the demand for smart home products and services in the multifamily housing market and the unique opportunities and challenges this market provides. Throughout the event, Parks Associates will highlight exclusive research data from...

A robust network is the foundation for modern living. This is as true for residents of multi-dwelling units (MDUs) like apartments, condominiums, and dormitories as it is for single-family residences. Building on advanced connectivity services, MDU property managers and owners can leverage the benefits of smart home devices and smart property solutions to drive revenue and increase net operating income. In collaboration with Cox Communities, Parks Associates’ new complimentary...