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

23% Of Millennials Are OTT-Only Broadband Households

Nearly a quarter of millennial heads of household are over the top (OTT)-only, which is higher than the national average of 15% among US broadband households. According to research from Parks Assoc...

Netflix Subscriber Churn Increase Could Be Sign Of 'Stream Cutting'

With the growing number of streaming services, churn will be an issue as consumers experiment with different offerings, Brett Sappington, senior director of research for Parks Associates, told IBD....

In -Home Health Monitoring Market Faces Near -Term Uphill Struggle

According to Parks Associates, in -home health monitoring is a service that allows patients to use network -connected measurement devices, such as glucose meters, weight scales, and peak flow meters,...

Fitbit Runs Higher As Fitness Wearables Market Grows

A report out Thursday from Parks Associates showed that 18% of U.S. broadband households own a wearable fitness device such as a smartwatch or a fitness tracker. Parks said 12% of U.S. broadband ho...