"smart home" articles

The COVID-19 crisis caused a massive increase in telehealth and health tech adoption among both consumers and care professionals. The industry was judged to have undergone five to ten years of changes within the span of just several months in some cases. Use of health technology has become normalized among care providers and among consumers, and changes in regulation and reimbursement point to permanent shifts in the way healthcare is conducted going forward. In May 2020, the...

Over the past 10 years, the technical landscape of US households has evolved significantly. The technical composition inside the home is different in several ways, and old models of break/fix support no longer meet consumer needs. The tools and the types of support services needed have changed. According to Parks Associates research, US broadband households now have an average of 9.1 computing and entertainment devices, 1.2 connected health devices, and 2.0 smart home devices....

Parks Associates data finds one-third of smart device owners in US broadband households have increased usage of their devices during the COVID-19 pandemic, including 46% of smart door lock owners. Brand announcements at CES 2021 last week revealed companies are continuing to develop products in efforts to drive demand in the smart home ecosystem during COVID-19 and beyond. Among the latest announcements, Parks Associates found these noteworthy: Alarm.com, who...

CES 2021 has wrapped, and this year’s show was unlike any CES events in the past due to the COVID-19 pandemic. Despite the lack of a traditional in-person trade show in Las Vegas, the virtual event showcased thousands of announcements from hundreds of companies. This year, with so many people spending so much time at home, the smart home category came into particular focus. Some of the biggest trends in the smart home space at CES this year were touchless devices, cleanliness and...

The increasing number of connected devices, massive shift to remote work and education, and high demand for perfectly reliable streaming video services places unprecedented strain on home networks. At the same time, home service providers’ traditional bundles are in decline as more subscribers move to a stand-alone broadband bundle plus OTT video services. Don't miss Parks Associates' final CONNECTIONS Summit session,  Building the New Home Services Bundle ,  on...

Data privacy and security concerns are consistently among the top purchase barriers for those not owning smart home devices. Parks Associates will host the CONNECTIONS Summit  Privacy & Security: Protecting Consumers session on Thursday, January 14 from 3:45 p.m. - 4:30 p.m. CT. This session will be moderated by the firm's senior analyst, Patrice Samuels . In this session, industry experts Paula Al-Soufi, Director, Solution Offering, F-Secure , Aleem...

The CONNECTIONS Summit at CES is going online this year! Parks Associates' CONNECTIONS Summit at CES is an annual research and industry event and will be held on January 14, 2021. It features commentary, insight, and debate on consumer and industry trends, new business models and technologies, growth opportunities, and successful market strategies. Joshua Locke, Vice President of Essence USA and a speaker at the summit, discusses senior market solutions ahead of the event:...

As consumers continue to adopt smart home devices, manufacturers seek ways to extend the value of devices in ways that add convenience to consumers’ lifestyles; this includes layering services on top of device hardware. Register now to attend the CONNECTIONS Summit  Home  Services: Maximizing Value of Connectivity session which will be moderated by Patrice Samuels, Senior Analyst, P arks Associates , on Thursday, January 14 from 12:00 p.m. - 12:45 p.m....