The smart home starts with trendy devices like smart cameras and video doorbells. According to Parks Associates, the US market experienced an increase from 10 percent to 12 percent between 2018 and 2019. During the same time frame, the adoption of video doorbells has increased from 8 percent to 10 percent.
Being a front runner in technological advancements, the fusion of IoT into residential spaces is redesigning how Canadians live. According to Parks Associates (an established market research company in smart home technology), 14 percent of Canadian households own at least one smart home device.
From the article, "Smart Homes, Smarter Internet: 11 transformative IoT Trends in Canada" by bminds
According to researchers at Harvard University, Americans spent nearly $420 billion on home improvements and repairs in 2020, as households modified living spaces for work, school, and leisure in resp...
According to Parks Associates, it only gets worse from here. In its 2022 “OTT Streaming Trends to Watch” white paper, their data shows that the average churn rate was 40% in 2020. Right now, the avera...
New data from Parks Associates found that 40% of internet households live-streamed content over the past 90 days. The Dallas-based research firm found that live-streamed video consumption reached near...
One of the hurdles to smart home adoption has been the complexity. What happens now is someone orders a bunch of devices or buys some things in a big box store, and they plug them all in at home, and...
