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."
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...
Parks Associates, a leading market research firm specializing in emerging consumer technology, has reported that by 2020, United States households will have more than 2.3 billion connected devices. On...
VOLANSYS announced today that Dhruvesh Patel will participate as a speaker at Parks Associates' 22nd-annual CONNECTIONS: the Premier Connected home Conference, held May 22-24 at the Hyatt Regency in S...
Parks Associates consumer research reports that 27% of U.S. broadband households use 3+ OTT services. “The streaming video service marketplace is diverse, fragmented and highly competitive, with hundr...
