Providing market intelligence for more than 35 years

In The News

Video Doorbell Adoption Rises to 20% in U.S.

Perhaps due to the popularity of Ring, 20% of U.S. internet households now have a video doorbell, according to Parks Associates.

New research reveals that 20% of U.S. internet households now have a video doorbell, a figure that has risen drastically in recent years, and Parks Associates says that growth is largely due to the success of Ring.

Parks Associates‘ latest Smart Home Consumer Insights Dashboard finds that smart home purchasing is steady despite unfavorable economic conditions. The 20% figure is up from just 4% that owned a video doorbell in 2017.

However, the inroads to the mass market has caused a natural drop on the average number of devices per household, according to Parks Associates, as the average number of devices in a household with smart home devices has dropped below seven, compared to a high of eight devices in 2021.

Currently, 29% of homes with a smart home device own at least three devices, with growth occurring in the number of homes with 3-5 devices. This is compared to what Parks Associates call “Super Power Users,” which own at least 10 devices.

“Consumers have a continued interest in safety and security products with features that extend the understanding of the environment and can provide accurate and relevant notifications,” says Elizabeth Parks, president and chief marketing officer at Parks Associates, in a statement. “This is a big jump in adoption for the video doorbell category.”

Previous Parks Associates research has found that other smart home devices are also growing in popularity. Research released last month found that 41% of U.S. internet household own a smart home device, 63% own a smart TV, 13% own a smart light bulb, and 87% subscribe to a video streaming service.

From the article, "Video Doorbell Adoption Rises to 20% in U.S." by Zachary Comeau

Previously In The News

Epix Enters the Direct-to-Consumer Streaming Fray

Though Epix is trying to take advantage of this trend as a portion of consumers self-bundle with video, the challenge will be to ensure that Epix is part of that bundle. A recent study from Parks Asso...

Disney+ Could Blow Away Subscriber Forecasts

Brett Sappington, senior director of research at Parks Associates, agrees that Disney+ has the best shot at being wildly successful, and that securing fewer than 23 million Disney+ subs globally by 20...

‘Game of Thrones’ series finale is approaching. How will HBO survive after it?

Brett Sappington, senior director at the research firm Parks Associates in Addison, Texas, said another positive sign is how HBO Now subscriptions continued to grow in 2017 — after “Game of Thrones” f...

New Route to New Revenue: Detect & Respond to Credentials Sharing

Credentials sharing is not a new problem for service providers. As the OTT and pay-TV landscapes continue to evolve to accommodate entertainment on multiple devices, credentials sharing has followed s...