Meanwhile, August Home and Walmart are testing a service that uses a smart lock to open the door for a delivery person to leave an online-ordered package inside.
The Assa Abloy acquisition gives August Home some deep pockets to further develop its products and a broader distribution system, said Brad Russell, research director for connected home products for Parks Associates.
“They’ve made strong strides getting into retail and started building a dealer network in (the) past year, but now they can accelerate,” Russell said in an email.
"Smart-lock startup August Home bought by Yale lock-maker owner" by Benny Evangelista.
A recent study conducted by Parks Associates confirmed the growing popularity of smart devices in the U.S. home security market. The study found that the sale of wireless home security products is on...
Brett Sappington, senior director of research at Parks Associates, said: “Several factors contribute to OTT video service churn by consumers. In some instances, consumers are experimenting with new se...
The churn rate for OTT video services is 19 percent of U.S. broadband households, according to Parks Associates, meaning that roughly one in five households has canceled a streaming service in the las...
Parks Associates has updated its top 10 list for subscription OTT video services, based on the number of subscribers, with Netflix holding the lead spot while Sling TV, Showtime and CBS moved up or en...
