According to Parks Associates, 26 percent of US broadband homes already own at least one smart home device, and 50% report issues when setting up a smart home device. While CSPs are usually not involved in these purchases, they receive the vast majority of service calls. In addition, consumer brands such as Google, Facebook and Netflix are leveraging their broadband networks for free while many CSPs struggle to compete for these new revenue streams.
From the industry press release "Service Providers Can Now Elevate Their Business Models by Seizing Control of the Burgeoning Smart Home and Business Opportunity."
According to Parks Associates, the fitness tracker industry is set to almost triple from one valued at $2 billion in 2014, to $5.4 billion by 2019. For more information, consumers and licensing partne...
Parks Associates' Tom Kerber says that Unilectric offers a "highly differentiated solution" that is a "key component for smart home and energy management which addresses key value propositions for Con...
The first product – unveiled today – is a patented breakthrough DIY home intelligence device and platform that delivers accurate, real-time power usage and diagnostic information for each appliance –...
Purpose of ReportThe mobile industry is planning to build its next generation network to accommodate ever increasing consumer demand for data and industrial demand for more intelligent connectivity so...
