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“The consolidation of interactive service providers in the security industry is huge news,” said Tom Kerber, director of research with Parks Associates. “Alarm.com has considerably strengthened its position in the security channel, and given that the security industry is the leading channel for smart home services, it is now a clear leader in...a market that includes many new entrants competing for a slice of a rapidly growing pie.”

From the article "Smart Home Platform Cons ...read more

The number of broadband households that have adopted rooftop solar panels doubled to 4 percent in the period 2013 to 2015. Seven percent of U.S. broadband households said they plan to purchase solar panels in the next 12 months, according to new research from Parks Associates.

From the article "Report: Consumers’ Growing Appetite for Solar, Storage and Bundled Home Energy Services" by Katherine Tweed.

More than two years ago, Schneider Electric revamped its Wiser home energy management offering, hoping to appeal to utilities that might be eager for a comprehensive residential demand response offering.

The percentage of thermostats being sold through retail channels instead of through HVAC dealers has also increased considerably in recent years, while the utility channel is stagnant, according to Parks Associates.
 

From the article "Schneider Electric (Finally) Puts ...read more

Although Nest is often touted as the most sophisticated smart-thermostat company, it is facing increased competition from other thermostat makers such as ecobee and Alarm.com that are bolstering their capabilities. Apple also recently stopped selling the Nest thermostat as it looks to attract customers to its own HomeKit platform.

But the market is still growing rapidly. By the end of this year, smart thermostats will make up the majority of all thermostat sales in the U.S., ...read more

The competition and innovation in the smart-thermostat space is good for consumers, who can choose a thermostat based on which features appeal to them the most, and also because the increased sensoring will likely only drive down heating and cooling needs for homes that use the technology. By the end of this year, smart thermostats will start to make up the majority of all thermostat sales in the U.S., according to Parks Associates.

For Alarm.com, having its own thermostat w ...read more

Just a few years ago, before Google purchased Nest for $3.2 billion, Apple was one of the first outlets to sell the learning thermostat. The device was created by former Apple engineers, who made use of the company's simple and user-friendly design philosophy.

But much has changed since Nest hit store shelves in 2011. The smart home sector is finally becoming a market -- largely driven by thermostats. Last year, more than one-third of broadband households said they plan on b ...read more

Research firm and Connections conference host Parks Associates reports that about 10 million smart, wirelessly connected thermostats, lights, power strips and plugs were sold last year, and it predicts that figure will nearly double to 19 million units by 2017, with a commensurate growth in market value from $850 million to $1.6 billion.

But for the most part, the connected home business hasn’t found energy savings to be a big selling point, even when that’s the ostensible p ...read more

Smart energy services in the home are already wrapped up with home security settings. Intelligent light bulbs and smart thermostats are standard offerings as part of smart home packages, which are led by security.

But people are ready for more, much more, according to new research from Parks Associates released at its Smart Energy Summit in Austin this week. Nearly half of homes with broadband in the U.S. would be willing to subscribe to a bundle of energy services for about ...read more