.jpg)
According to Parks Associates, nearly a million smart door locks will be sold in 2017 and they are forecasted to grow at a compound annual growth rate of 15.5% to 1.7 million units by 2021.
"Smart door locks are among some of the most strongly adopted smart home devices with eight percent of U.S. broadband households reporting ownership in 2017," says Brad Russell, Research Director, Parks Associates. "Smart door locks not only serve the recognized home security use case but are providing expanded value through integration with video cameras and doorbells for remote access control for everything from vacation rentals to home services and package deliveries."
From the article "Xfinity Home Customers Now Have More Connected Door Lock Options From Kwikset to Remotely Manage Access to Their Home."
Local broadcasters are launching their own branded OTT apps to stay ahead of the curve as cable TV subscriptions fall and streaming subscriptions rise. According to Parks Associates, 36% of U.S. broad...
PlumChoice’s Vice President of IoT Business Development Steve Thompson will also participate in the CONNECTIONS™ Summit panel, “Monetization Strategies for IoT and the Connected Home,” where he will d...
According to recent research from Parks Associates, a market research and consulting company, approximately 14 percent of U.S. broadband households have expressed an intention to purchase a networked...
Parks Associates data shows that 1 in 5 consumers in the US currently own smart home devices with global growth on the rise and residential connected devices will generate approximately 11 million sup...
