Subscribe to RSS - Parks Associates

Parks Associates

Total professional monitoring revenue to exceed $15B in 2020

Parks’ research identifies new use cases in energy, health, security and smart home for professional monitoring
 - 
05/13/2020

DALLAS—Research firm Parks Associates forecasts professional monitoring revenue for the U.S. residential security sector will total $15.74 billion in 2020, with smart home services accounting for $1.2 billion.

Residential security adoption rises to 33 percent

Up from 28 percent in 2018, Parks says 2020 does pose challenges
 - 
04/17/2020

DALLAS—Consumer Insights 2020 research from Parks Associates finds security system adoption, after holding steady at 25-28 percent for over five years, jumped up to 33 percent of U.S. broadband households at the end of 2019.

DIY will continue its rapid rise during crisis

 - 
Wednesday, April 1, 2020

With most of us “sheltering at home,” and relying more and more on our devices to stay connected for work and family and friends, bandwidth limits in households across the U.S., and the globe, are being tested, to say the least.

29 percent of US broadband homes own a smart home device

 - 
01/03/2020

DALLAS—Approximately 29 percent of U.S. broadband households now own a smart home device, a 20 percent growth rate from one year ago, according to new research from Parks Associates based on its 4Q 2019 survey of 10,000 broadband households.

DIY causing home security disruption

 - 
Tuesday, November 19, 2019

Research from Parks Associates shows that over the past six years, self-installed home security systems are gaining momentum, slowly, but traction no less, over professionally installed systems.

Is in-home delivery driving security spending?

 - 
Friday, August 23, 2019

Anyone who has fallen victim to the dreaded “porch pirates” can understand why the current smart home trend of in-home delivery of packages continues to catch on.

The race to control the smart home

 - 
Wednesday, June 19, 2019

The battle for the smart home has raged on for quite some time now, with the big players like Amazon, Google and Apple making major plays to dominate the space.

New research shows DIY is on the rise

Parks finds DIY raising awareness while competing with traditional dealers
 - 
06/13/2019

DALLAS—New research from Parks Associates reveals at the end of 4Q 2018, 28 percent of U.S. broadband households reported the presence of an active security system, up from 26 percent in 4Q 2017, with 24 percent having professional monitoring.

Value add-ons give dealers competitive advantage

 - 
03/20/2019

DALLAS—The annually published “Security Dealer Survey” by Parks Associates, a market research and consulting company that covers the residential security industry from both a consumer and dealer perspective, found over 70 percent of U.S.

In the home, voice is king

 - 
Wednesday, February 20, 2019

The success of smart home assistants such as Amazon Alexa has spurred the growth of smart speakers within the home, as voice control in the home seems to be a trend that is not going away any time soon.

Pages