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August 12, 2015
The competition and innovation in the smart-thermostat space is good for consumers, who can choose a thermostat based on which features appeal to them the most, and also because the increased sensoring will likely only drive down heating and cooling needs for homes that use the technology. By the end of this year, smart thermostats will start to make up the majority of all thermostat sales in the U.S., according to Parks Associates.
For Alarm.com, having its own thermostat will also help the company expand into more commercial businesses, a priority for the firm, which went public earlier this summer. In its first earnings call earlier this month, Steve Trundle, CEO of Alarm.com, said the company is looking for more international expansion opportunities, especially in Latin America, Turkey, New Zealand, Australia and South Africa.
From the article "Alarm.com Builds Its Own Smart Thermostat" by Katherine Tweed.
DALLAS-The number of households that use Wi-Fi technology for home networking has now surpassed the number that use Ethernet, according to a new Parks Associates survey. According to the “Global Digit...
A growing number of consumers (79%, according to Parks & Associates research), are concerned about privacy in their smart devices. CNET has made privacy and security a much bigger factor when reviewin...
The percentage of U.S. broadband households that use digital antennas in their homes increased to 20% near the end of 2017, up from 16% in early 2015, according to Parks Associates. "Increasingly,...
Apple reducing its reliance on free trials for Apple TV+ is a “critical point” for the service, said Parks Associates research director Steve Nason, who follows the streaming industry. “For newer o...
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