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September 16, 2016
Each year CEDIA conducts its Size and Scope of the Residential Electronic Systems Industry Survey to analyze the size of the industry and identify market trends. In 2016, the average system integrator is projecting 17 percent growth with estimated revenues at $2.5 million; CEDIA and research partner Parks Associates takes a more conservative view, estimating a 7-10 percent rate of growth in 2016, equating to revenues of $2.3 million.
From the article "2016 Size and Scope Survey Estimates $2.3M Growth" by www.residentialsystems.com
Voice’s resurgence seems counter-intuitive. The technology first boomed in the 1990s with voice prompters in customer call centers – not always a satisfying experience as the prompters many times rout...
Mobile payment apps have gotten off to a slow start and there have been conflicting analyses of their market potential. For instance, customer use of digital wallets stalled in the past year because t...
In addition, the device's interoperability will be important. According to a recent study by Parks Associates and reported in Retail Dive, 75% of consumers who plan to buy a smart home device believe...
Parks Associates revealed that 27% of U.S. car owners would connected cars to communicate with the Internet-connected devices in their home, such as smart garage door openers and door sensors. Park...
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