"smart home" articles

More device offerings and connected ecosystems are present in the market now compared to a decade ago. However, the ability of devices to work in tandem with other devices (even in different ecosystems) has also increased. Initiatives like matter (although not yet fully implemented) that are aimed at bridging remaining gaps in interoperability and device compatibility are being committed to by tech giants and smaller developers alike and will help simplify consumers’ experience as...

Use cases that reduce OPEX in apartment environments include access management and control, energy management, and automated risk mitigation. These solutions can improve operations and add new layers of safety, security, and convenience.   Access Control   Access control use cases typically involve smart home solutions installed in common and public areas, including smart locks, smart garage door openers, and smart video doorbells.  ...

The single-family builder channel has really warmed to the installation of smart home technology as standard, in addition to offering options as upgrades. Drivers include: Increasing consumer demand for smart tech on par with other traditional new home features. In a Builder Study by Parks Associates, 80% of large-scale builders rated smart speakers as highly popular and 72% rated integrated smart home control and entertainment systems as highly popular. This compares to 84%...

Parks Associates’ study “ Smart Energy at Home: Renewable, Responsive, Resilient ” reveals that 44% of US internet households say they are taking active steps to reduce their energy consumption at home. The research firm surveyed over 10,000 internet households to determine their adoption, usage, and attitudes regarding smart energy solutions and utility programs. Energy savings are an important benefit for consumers, and many households are actively monitoring and...

Parks Associates’ study “ COVID-19: Impact on Seniors, Caregivers, and Independent Living Solutions ”  reveals that nearly 33% of US seniors (ages 65 and older) are considering purchasing an independent living system. This interest follows a trend of increasing technology adoption among the 65+ US population. AI is growing in importance in senior and assisted living environments. With over 70 million baby boomers expected to retire by 2030, combined with increased...

Energy management is growing in importance to businesses worldwide. It is a core component of most corporate initiatives around sustainability or specifically more ESG, which stands for Environmental, Social, and Governance. Companies are examining their business practices and energy usage profiles and identifying ways through which they can reduce their energy usage, reduce their energy spending, transition to renewable and sustainable energy sources, and store and generate energy to...

Join leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs at the newest installment of the 2022 Smart Energy Summit for the virtual track “ Electric Vehicles: A New Era for Consumers ” on Thursday, August 4 at 11 AM CT. Speakers will discuss the coming surge of EVs on the market, the potentially explosive EV growth in adoption, and the implications for consumers, the grid, and needed infrastructure. Sponsors include...

Whether established market leaders or start-ups, smart access control product and system manufacturers are under constant pressure to keep innovating. Not only have formerly innovative features become standard, but in some access control categories, prices are falling. The average selling price of a smart door lock in the US was $101 in Q4 2021, down from $133 just two years prior. Video doorbells, smart thermostats, and other smart home products are witnessing similar pricing trends....