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
A majority (82%) of multi-dwelling units (MDUs) over 10 years old report internet connectivity challenges, according to a recent study from Comcast’s Xfinity Communities in collaboration with Parks As...
"The smart home market is maturing, but the experience remains disjointed. Just 40% of smart home device owners coordinate their smart home devices in routines or wider automations. Plus, difficulty w...
Parks Associates’ new white paper, Video at the Door: Driving New Revenues, developed in partnership with Xailient, estimates that smart video devices generated $1.3 billion in stand-alone service...
A Parks Associates report from earlier this year found that, in 2023, the average home had 17 connected devices. According to the report, 89% of U.S. internet households have a video streaming service...
