Among those consumers who have converted to become a smart home family, research reveals that the smart home industry is indeed growing! According to recent data from Parks Associates, additional smart home devices – from thermostats and device-control products to security components, including doorbells and locks – have increased among smart home device owners, and on average, owners have eight of these devices.
“Energy savings are an important benefit for consumers, and many households are taking an active role in monitoring and managing their energy consumption,” said Chris White, Senior Analyst, Parks Associates.
In fact, one third of internet households don’t know what kind of power they get from their utilities, and among those, over half (58%) don’t know where to find out, according to Parks Associates data. To build onto this, another Parks Associates study reveals that even fewer U.S. broadband households are aware of services that offer energy monitoring and management products from their electricity provider (only 19%).
From the press release, "FUTURE ENERGY TRENDS: GETTING SMARTER ABOUT DEVICES AS THE ENERGY MARKETPLACE SHIFTS INTO ITS NEXT GEAR."
According to Parks Associates, a leading market research firm, more than 25% of US households with a broadband connection have a smart home device, while more than 60% of ‘smart’ households own more t...
“Consumer concerns about data privacy and security, including both the unauthorized hacking of devices and theft of device data, consistently rank as one of the leading concerns about connecting devic...
According to a study by Parks Associates titled 360 View: Supporting the Connected Consumer, “Unresolved technical problems with smart home devices have risen 240% in 3 Years. 79% of consumers have se...
Parks Associates data shows that 90% of seniors consider it “very important” to live independently in their own homes for as long as possible, and Wi-Fi adoption in senior households is increasingly w...
