First-time customers aiding to increase the related property market

DALLAS, March 21, 2023 /PRNewswire/ — Forward of ISC West, Parks Associates’ new Intelligent Residence Client Insights Dashboard reports that 28% of US world wide web homes now have three or much more smart residence products, with more and additional households featuring initially-time potential buyers. Between US web homes with a intelligent household product, the typical domestic has 7.1 sensible property products. Parks Associates investigation also reveals that 40% of US world wide web households have a stability alternative and 25% of US homes have skilled checking.

“New homes are coming into the good residence current market, with just one or two gadgets, bringing down the typical amount of smart residence units owned – but this is a positive final result total,” claimed Jennifer Kent, VP, Analysis, Parks Associates. “The protection field is a potent channel for clever property equipment and new solutions, with lots of possibilities to hook up various ecosystems by the stability method system.”

The research reveals that a decline in purchases transpired throughout most sensible residence gadget categories at the conclude of 2022, as inflation and financial uncertainty constrained purchaser paying. However, robotic vacuum cleaners, sensible cameras, video doorbells, and clever thermostats professional increased obtain rates than in 2021.

“New answers in the clever dwelling and security area are currently being released, with a special target about networked cameras and new applications and capabilities,” Kent reported. “We glimpse forward to monitoring the several announcements at ISC West this year from the safety channel, concentrated on the household, multifamily, and tiny-to-medium enterprise markets.”

The Parks Associates staff will be onsite at ISC West, March 28-31 in Las Vegas. To request info or an job interview, be sure to make contact with Rosey Sera at [email protected], 972.996.0233.

About Parks Associates
Parks Associates, a female-established and licensed small business, is an internationally regarded market investigate and consulting firm specializing in emerging shopper technological innovation products and solutions and expert services. Established in 1986, Parks Associates supplies business intelligence and research solutions as a result of its proprietary methodologies designed above decades, such as quarterly surveys of 10,000 world-wide-web homes.

The firm’s expertise crosses numerous industries: dwelling protection and wise home, streaming video clip, broadband and pay out-Tv services, digital media and platforms, gaming, Wi-Fi and dwelling networks, connected wellness, support, shopper electronics, residence control devices, electrical power administration, and tech alternatives for the multi-dwelling (MDU), modest-to-medium small business (SMB), and industrial constructing markets.

Each year, Parks Associates provides hundreds of leaders together for its webinars and annual situations. The company hosts the yearly government investigate and approach conferences CONNECTIONS™, Related Health Summit, Smart Power Summit, Clever Spaces, and Future of Video.

Comply with Parks Associates on LinkedIn, Twitter, Facebook, and Instagram.

Make contact with:
Rosimely Sera
Parks Associates
[email protected]

Supply Parks Associates


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