"CONNECTIONS" articles

Smart home products have yet to achieve critical mass in Europe. Parks Associates finds that 55% of UK broadband households do not own and do not plan to purchase smart home products due to lack of personal benefit. However, introductions of new connected products that bring new value is driving increased adoption and future purchase intentions. An emerging opportunity for smart home growth includes the collaboration of insurers and smart home solution providers, as 70 million US...

Adoption in smart home technology is moving beyond single endpoint solutions and the average number of devices in the home continues to climb, as today's homes boast an average of 14 internet-connected devices. Platforms are seeking to deliver a unified experience that is the "holy grail" of the smart home value proposition, and security  and privacy have become important areas for investment for device manufacturers and a major source of concern for consumers. Data from...

Parks Associates ’ CONNECTIONS: The Premier Connected Home Conference series is excited to announce Notion as a sponsor of the upcoming session  Insurance and Smart Home . Notion empowers home and property owners to be proactive in monitoring their spaces and most valued possessions. The Notion smart monitoring system is committed to helping reduce the risk and complexities of property ownership. Through partner programs, Notion helps insurance carriers, agents, and...

Throughout 2020, the United States’ broadband coverage gap was recognized as a major issue impacting Americans’ safety, quality of life, and ability to participate in work and schooling. According to Parks Associates estimates: ·       22% of US households, or roughly 27M households, lack a fixed home internet subscription; ·       10% of US households, or almost 13M households, are mobile-only –...

Parks Associates ’ CONNECTIONS Summit: Smart Home Growth Strategies conference series is excited to announce Cox Communities as the Reception Sponsor. Cox Communications is committed to creating meaningful moments of human connection through technology. The largest private broadband company in America, we proudly serve six and a half million homes and businesses across 18 states. We're dedicated to empowering others to build a better future and celebrate diverse products,...

Parks Associates ’ CONNECTIONS™ Summit: Smart Home Growth Strategies conference series is excited to announce EarlySense as a Research Sponsor. EarlySense® is the global leader in 100-percent contact-free, continuous monitoring solutions. Used worldwide in hospitals, post-acute care facilities, virtual care and remote patient monitoring applications, EarlySense technology delivers reliable and comprehensive multi-vital, motion, and sleep data. When paired with the...

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,...

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...