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June 09, 2016
A recent study conducted by Parks Associates confirmed the growing popularity of smart devices in the U.S. home security market. The study found that the sale of wireless home security products is on the rise, and about half of U.S. homeowners with a home security system use smart, wireless sensors as part of the system. The study also found that almost 50 percent of these smart-home devices were installed by the owner or the owner's friends/family members. More findings are listed in the press release below.
From the article "Almost 50 Percent Of Smart Home Devices Are Self-Installed, Report Finds" by HomeTheaterReview.com
Overall globally, Parks calculates that there are more than 265 million households worldwide and that there will be more than 400 million OTT video service subscriptions by 2022. While Netflix, Amazon...
Amazon's servers were down for a large part of the morning on the day the outage occurred, taking Alexa-powered devices out of commission. Incidents like this may occur more often as the popularity of...
Robot vacuum cleaners represent a thin market sliver, according to Parks Associates. They can be found in just 5-6 percent of broadband households. "It's not a breakout product, but it's far and ah...
It also hopes to bring new consumers into the market. The US smart home market has long been plagued by slow growth, largely due to device and platform fragmentation and high prices. However, consumer...
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