"security" articles

Research insights from Jennifer Kent, Ph.D. Vice President, Research Parks Associates The exact structure of industry supply chains naturally varies by industry, based on market needs, strategies of market leaders, and the legacy of a market’s historical development. The smart door lock and smart access control product industries have developed such that both established, and start-up OEMs do the vast majority of R&D, product iteration, manufacturing, and assemblage of...

The smart home will achieve significant penetration and widespread adoption among consumers, but the rate and speed of adoption are dependent upon companies telling a story to consumers in a method that resonates and provides beneficial value. As connectivity in the home increases year-over-year, smart home players have a chance to capitalize on and push the smart home forward. No single company holds the future in its grasp. Despite the promising future and the smart home’s...

Did you know that currently, 33% of broadband households have a security system with professional security monitoring?   Join leading industry executives and analysts at Parks Associates’ interactive CONNECTIONS virtual session on August 18 at 11:00 AM CT for insights on the state of the home security market and so much more. Panels and speakers include: Hybrid Business Models: Security and Smart Home Michael Bobich , Director of...

A smart door lock belongs to the family of smart home access devices and is a wirelessly connected electromechanical lock—or retrofit mechanical control for a deadbolt—that can be remotely monitored, locked, and unlocked by communicating using a smartphone, tablet, computer, or smart speaker. It may communicate either directly, via Wi-Fi or Bluetooth, or through a gateway or voice assistant. These devices provide keyless entry/exit serving as a replacement for traditional keyed locks...

Smart home products may use a centralized control architecture, a distributed control architecture, or enable both. Consequently, consumers may be able to control their smart products individually, or as a group through a central control point (hub, app, voice assistant, etc.), or have options for either. In a distributed control architecture, individual products perform specific jobs for consumers, but those products also benefit from collaboration with other products. A loose...

Parks Associates' study  "Context is King: Smart Home Video and Audio Analytics" examines how video and audio analytics are evolving and impacting the smart home user experience and profiles companies that are driving the technology forward. Innovation in video and audio analytics drives new applications and services like facial, emotional, gender, and object recognition, creating dramatic new capabilities to understand the context and deliver value. Embedding microphones...

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...

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....