Blog articles from 09/2021

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...

The news of impending smart TVs from two very different ends of the video spectrum – Amazon and Comcast - is indicative of the rapid changes that have taken place in video consumption and delivery over the past few years, and where the market is now headed. The balance of power in the US video environment has evolved, along with the nature of video consumption by consumers – including how, what, and where they watch video. Parks Associates’ Q1 2021 consumer data...

Investments have flowed into the digital health sector in the past 18 months as companies have rolled out new telehealth solutions and developed new solutions for a healthcare market grappling with restrictions related to COVID-19.  During Parks Associates 8 th annual Connected Health Summit session, Driving Innovation: New Investments and the Future of Healthcare , Parks Associates was joined by healthcare innovators and investors representing Bluetooth Special Interest...

Last week, Parks Associates hosted its Connected Health Summit  series, with virtual sessions highlighting new consumer health data and industry insights examining connected solutions in the digital health markets.  During the session, Virtual Health and Remote Monitoring , Jennifer Kent, VP Research, Parks Associates, was joined by industry executives to discuss the incredible growth in demand for telehealth services and connected health devices, and how that changes...

Parks Associates recently hosted the Connected Health Business Models session as part of the Connected Health Summit virtual series. The session featured the firm’s latest data and insights from industry executives on the shifts in healthcare as the market moves towards a value-based care system. During the presentation, Digital Health Transformation: Shifting Business Models , Kristen Hanich , Senior Analyst, Parks Associates highlighted the firm’s latest research on...

This week was marked by a flurry of acquisition activity in the smart home segment that could have significant long-term repercussions. First, Spectrum Brands has agreed to sell their home and hardware improvement business for $4.3BN to ASSA ABLOY, a Swiss access solutions company. By selling, Spectrum Brands will focus on their remaining businesses: Home and Personal Care -- which includes Black & Decker, George Foreman, Global Pet Care, and Home & Garden. ASSA ABLOY, a...

Did you know that 55% of US broadband households own at least one connected health device, such as a smart watch or pulse oximeter? Parks Associates recently hosted the session Independent Living: Opportunity for Smart Home Platforms , part of its Connected Health Summit  virtual series. The session addressed the latest innovations, challenges, and opportunities with the integration of connected health products in the home. Attendees also gained insights on smart home...

Facebook and Ray-Ban are rolling out their new Ray-Ban Stories ($299), and everyone is talking about it. These sunglasses look like typical Ray-Bans while featuring hidden cameras and microphones that allow users to make hands-free POV videos. My colleagues in connected health or connected entertainment will have thoughts on these devices as wearables, but reading first impressions and early reviews of the Ray-Ban Stories brought to my mind the following smart home industry trends and...