Providing market intelligence for more than 35 years

In The News

Getting smarter about temperature control

The number of connected households that have smart thermostats more than doubled in the past two years, according to market research firm Parks Associates. With 36 percent of broadband-using households interested in a system that manages and monitors their home energy use, Parks Associates predict that half of all American homes will be smart homes by 2020.

Energy consumption starts with the overall heating and cooling equipment; thermostat watts are just a small portion of energy consumption. Purchasing home automation products designed and manufactured to work with the homeowner's specific comfort system is the best way to maximize performance and energy savings. And, homeowners should start with buying energy-efficient equipment.

From the article "Getting smarter about temperature control."

Previously In The News

New RMR Opportunity: Smart Thermostat Service?

Are smart thermostats the next subsidized security business model? Yes, according to new data from Parks Associates, which reports more than 50 percent of U.S. broadband households would be willing to...

Millennials, Amazon Prime Members to Drive CE/Smart-Home Purchases this Holiday

Voice-control systems such as Amazon Alexa, Google Home and Apple HomePod will be popular smart-home purchases this 2017 holiday season ... but not as popular as video doorbells. IoT research firm...

4 Key Business and Lifestyle Trends Transforming Customer Demand

A study from Parks Associates found that “one-third of smart device owners in U.S. broadband households have increased usage of their devices during the COVID-19 pandemic, including 46% of smart door...

Top 5 Home Tech Trends and Opportunities for 2017: From Voice Control to VR

Parks Associates research indicates 40 percent of U.S. smartphone owners use voice-recognition software, generally eclipsing the use of phones for streaming music to speakers or video to a second scre...