Providing market intelligence for more than 35 years

In The News

Automation key for homeowners to reduce energy consumption

Research from Parks Associates' shows that 91 percent of internet households are actively engaged in reducing energy consumption within their homes. Forty-eight percent report altering their behaviours, while 43 percent report doing recent home renovations to reduce their energy consumption.

"Smart devices and automation solutions complement energy efficient construction and solar/storage systems in the aim to get to net-zero energy consumption," says Jennifer Kent, vice-president, research, with Parks Associates. "Resident behaviour is a big determining factor in achieving net zero, so technology that gives residents the data to monitor their usage and the controls to adjust, coordinate, or automate the appliances and systems in their homes is critical."

Parks Associates' white paper, ‘Building Net Zero Homes with Home Management Systems,’ shows the average internet household has more than 16 connected devices, with 16 percent owning a smart thermostat.

From the article, "Automation key for homeowners to reduce energy consumption" from Home Improvement Retailing

 

Previously In The News

Starbucks has the most-used mobile payment app

Retailers and banks have their own mobile payment options. At least one research report from Parks Associates said that shoppers prefer mobile payment apps from retailers, and eMarketer noted that the...

Connected Cars Open Doors And IoT Devices

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...

Tom's TV repair hangs on, installing outdoor antennas for streamers cutting cable

The heyday of outdoor TV antennas or rabbit ears will never return, experts say. But research firms and the National Association of Broadcasters have noticed the uptick in over-the-air TV antenna hous...

Samsung debuts smart home device

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...