Press Releases

Tuesday, October 25, 2022

7-9% of US internet households own a smart garage door opener

New market assessment addresses consumer and industry trends in smart garage door opener market 

New research from Parks Associates reveals 7-9% of US internet households own a smart garage door opener, although significant percentages of these owners are not using the smart capabilities of their devices. Twenty percent of these owners have a smart garage door opener that is not actively connected to the internet, and 42% of those with these unconnected devices never set up ...read more

Friday, October 21, 2022

22% of US internet households use their smart watches and other wearables for safety purposes

Market assessment addresses consumer and industry trends in smart watch market 

New research from Parks Associates reveals that the top use cases for wearables involve health and activity tracking, while 22% of US internet households (25 million households) using their wearables for safety reasons. The international research firm’s study Smart Watches and Wearables Market Assessment reveals adoption of smart watches increased from 16% of US internet households in 2020 to 29% ...read more

Tuesday, October 18, 2022

By end of 2025, approximately 93% of US households will have a broadband subscription, either fixed or mobile

CONNECTIONS™ Conference addresses changes in broadband market and new value-added services with insights from Airties, Blink Charging, Brivo, Calix, Cox, SmartONE Solutions, Plume, and Sweepr

Parks Associates’ latest research forecasts that by the end of 2025, approximately 93% of US households will have a broadband subscription, either fixed or mobile. The international research firm will host Broadband Future Proofing: Driving New Experiences and Value, a virtual session i ...read more

Wednesday, October 12, 2022

39% of SMBs are likely to acquire security/safety products

Special session in partnership with Alarm.com analyzes new security and video verification solutions for businesses

International research firm Parks Associates will host a special roundtable discussion, State of Commercial and SMB Security: Video is the New Perimeter, on Thursday, October 13, 11:00 am–12:15 pm CT, as part of the 2022 CONNECTIONS™: The Premier Connected Home Conference experience. The virtual roundtable, sponsored by Alarm.com, addresses the growing role of ...read more

Monday, October 10, 2022

38% of households own at least one smart home device, up 2% from the previous year

CONNECTIONS™ Summit at CES to address the impact of connected products on the rapidly changing connected home landscape

International research firm Parks Associates today announced the agenda for the 17th annual CONNECTIONS™ Summit: Smart Home Growth Strategies, taking place in Las Vegas on January 5 at the Venetian Conference Room, in cooperation with CES® 2023. The annual event features Parks Associates’ analyst team and industry players, with insights on new business mode ...read more

Wednesday, October 05, 2022

Parks Associates announces Chris White as Director, Smart Home and Energy Research

International research firm continues to strengthen its focus on energy management and consumer purchase behavior for emerging technologies in the home and SMB markets

Parks Associates announced today the promotion of Chris White to Director, Smart Home and Energy Research, at Parks Associates. Chris joined the firm as a senior analyst and will now lead the efforts for the company’s research products and services in the smart home areas, including custom work and data analys ...read more

Tuesday, October 04, 2022

More than 14 million US internet households have used an independent living solution

Connected Health Summit brings together industry leaders to discuss key trends in senior and caregiver market 

Parks Associates reports more than 14 million US internet households have used an independent living solution, such as PERS, medical alert systems, or a smart home solution. Further, 54% of US internet households now have a connected health device and are looking for new technology solutions that are integrated and focus on communication, fall detection, and safety ...read more

Monday, October 03, 2022

63% of consumers prefer to handle technical support issues over the phone

Industry webinar features discussion with RouteThis, ASSA ABLOY, and Wyze on top issues facing support staff in the connected home space

Parks Associates research reveals US internet households have an average of 16 connected devices in their home, and 52% experienced at least one technical problem last year, while 38% experienced two or more. In addition, the research finds that 63% of consumers prefer to handle technical support issues over the phone. The research firm wil ...read more

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