The average U.S. household now has 17 connected devices and Parks Associates recognizes that more and more of in-home technology is going to energy management.
Research group Parks Associates hosts a day of sessions at CES called the CONNECTIONS Summit, which identified some of those hot home technology trends. Two of the most popular home technology advancements center around smart home innovations and energy management.
Parks Associates collects and publishes data that validates those trends. For example, smart home devices are now staples in 42% of U.S. internet households, and the average household now has 17 connected devices.
One trend that is now at the top according to Parks Associates is new advances in home energy management and efficiency, driving the adoption of smart home solutions.
Parks Associates tracks the challenges in device integration and management. It sees the rise of Smart TVs as central control hubs and the adoption of interoperability standards like the Matter protocol as the next part of the evolution to simplify very complex smart home ecosystems.
From the article, "Hot Housing Innovations At CES Reimagine Smart Energy Use" by Jennifer Castenson
A report released by Parks Associates this year found that small, local security dealer businesses are struggling to keep up with national tech-first, online-first players with a presence in multiple...
Overall, sports-rights spending is projected to jump from $15.3 billion this year to $22 billion by 2027, according to data released by consultancy Parks Associates at its recent “Future of Video” con...
That all-inclusive model might not be sustainable in a world where consumers can treat paid TV like they treat streaming platforms, said Jennifer Kent, vice president of research at Parks Associates....
Earlier this month, research firm Parks Associates published a study reporting that 29% of internet-subscribed households subscribe to at least eight separate streaming services. From the article,...
