Blog articles from 07/2022

Parks Associates research finds 54% of consumers own connected health products. Driven by smart watch adoption, consumers and patients have become used to using devices to collect, transmit, and interpret health data. The velocity of health device adoption has decreased after the active stage of the pandemic, but it remains far elevated compared to pre-pandemic levels. On Wednesday, August 10, 2022 at 11 AM CT/ 9 AM PT, Parks Associates will co-host a complimentary webinar with...

The NFL Debuts New Streaming Service NFL+ The NFL launched its streaming service, NFL+, at the end of July at $4.99/month and $29.99/year (Consumers save 50% if they sign up now). The service offers subscribers access to live local and prime time games, NFL Network shows on-demand, and access to the NFL Films archives. A premium tier, at $9.99 month and $79.99/year, comes with full game replays and other premium offerings. While NFL+ is available to stream on phones and...

Parks Associates research finds three in four internet households are concerned about their personal data security, with more than half saying they are very concerned. While consumers are very concerned about the security of their data, they are very fatalistic about this topic—almost two-thirds of consumers feel it is impossible to keep data completely secure. The proliferation of apps and connected devices creates many new avenues for data to leak out of a household, often just...

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....

US broadband providers added ~5.2M residential and small business broadband subscriptions in 2020, a dramatic 78% YoY growth, for a total of 108.7M subscriptions at year end . By contrast, in 2018 and 2019 the US broadband market grew by an estimated 2.3 and 2.9M residential and small business subscriptions respectively.   2021 was another hot year for broadband providers . In Q1 2021 alone, US broadband providers added an estimated 1.6M residential and small business...

Parks Associates research finds security system adoption has steadily increased in recent years, reaching 36% of internet households. Adoption is driven by recent advances in DIY installation, reduction of service and hardware costs, and a growing need for peace of mind. Residential security customers in single-family and SMB properties have a myriad of installation methods, alert methods, device types, and associated services. Parks Associates new whitepaper Zero Response Time –...

There is growing interest from consumers in saving energy and being more energy efficient. Energy savings and reduction of energy bills have always been leading drivers of smart home technology. When included in energy management programs, smart home devices help reduce barriers to saving energy.   Smart home device capabilities include the following:   Remote control of energy-consuming products – Smart home devices allow consumers to...