A survey released Thursday by market research firm Parks Associates suggests that the popularity of connected locks will expand in the next few years from early adopters to households with moderate incomes and smaller homes.
Smart locks are internet-connected locks that are designed to be controlled with an app or via a voice assistant such as Amazon Alexa or Google Assistant.
From the article "Smart locks: One in four households intend to buy this year" by Ty Pendlebury.
Elizabeth Parks, president of Parks Associates was quoted in USA Today this week as saying: “It’s a challenging time for service providers to make the money work. It makes sense that there will be a l...
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“It’s a challenging time for service providers to make the money work,” said Elizabeth Parks, president of Parks Associates. “It makes sense that there will be a lot of consolidation in the market. We...
