Parks Associates News

The Z-Wave Alliance, the standards development organization dedicated to advancing the smart home and Z-Wave® technology, announces a burst of updates including an exciting new member, availability of in-demand educational resources, and support for dozens of Z-Wave Alliance member companies at CES 2024. On the heels of announcing the newly elected Board of Directors, the bevy of announcements from the Z-Wave Alliance marks an explosive start to 2024. OliverIQ Joins the Z-Wave Allian...

Nice, a global pioneer in Home and Building Management solutions, is proud to announce the HR40 Multifunction Remote Control was recognized as a 2024 CES Innovation Award Honoree. To reinforce the importance of innovation and transformation in smart home technology, Paul Williams, Managing Director of the Home Management Business Unit, will discuss evolving product strategies during a panel discussion at Parks Associates’ CONNECTIONS Summit at CES. This year’s participation in CES u...

3xLOGIC, Inc., a globally renowned provider of integrated, intelligent security solutions, has announced a preview at ISC West 2022 of the new Person Detection analytic for the company’s flagship 3xLOGIC VIGIL CLOUD surveillance software. VIGIL CLOUD extends the award-winning VIGIL Video Management System (VMS) into the Cloud, with enhancements designed to harness the power, scalability, and ease of use that are the hallmarks of cloud services. VIGIL CLOUD Building on over 20 years of e...

Smart home device adoption is on the rise, as new advancements and technology continue to roll out. According to Interpret, more than half of all U.S. consumers own at least one smart home device with video cameras, ranking in the top five most popular. In addition, Parks Associates found that one-third of consumers who own a smart home device increased their use of their devices during the COVID-19 pandemic, noting both the indoor and outdoor cameras. Is a smart camera also a security system?...

Residential security and smart homes are rapidly changing facets of the larger physical security marketplace, driven by advances in consumer technology and concerns about rising crime rates. During the COVID-19 pandemic, many people spent more time at home and became more aware of the need for greater security. As workplaces opened back up, returning workers turned to technology to help them keep watch over their homes from afar. We asked this week’s Expert Panel Roundtable: What are the...

The success of smart homes began with professional security providers offering bundled packages, focused mostly on security monitoring. However, due to the cost of professional contracts, consumers began to embrace the do-it-yourself (DIY) approach. Despite the challenges and opportunities that come with professional and DIY approaches, the momentum of smart home growth depends on these two approaches working symbiotically. Smart home systems In 2017, there were about 122 million smart home de...

Driven by technology developments such as voice recognition, smart devices and the Internet of Things, our homes are getting “smarter” all the time. Increasingly, we expect our residential environments to be responsive to our voice commands, whether we are adjusting a thermostat, turning on a light, or lowering the window shade. Smarter home integration yields new opportunities and challenges for home security, too, which contributes an element of safety and protection to the conveni...

Market dynamics are changing the U.S. residential security market, creating new business models that better appeal to the approximately 70% of households without a security system. Smart home adjacencies have helped revitalize the traditional security industry, and alternative approaches to systems and monitoring for the security industry are emerging, including a new batch of DIY systems. Growth in the residential security market and its position as the channel for smart home solutions have at...

Z-Wave’s goals for 2016 include looking at partnerships, launching IoT devices and giving consumers resources With a year of steady growth, new partnerships, a new online consumer education initiative and augmented security for Z-Wave IoT devices, the Z-Wave Alliance announces year-end milestones. Since the beginning of 2015, the Z-Wave ecosystem has seen almost 100 new member companies, the addition of 250 certified devices and another 15 million smart home devices ship...

A pessimist might see the coming “Internet of Things” as the “Internet of Things that Could Go Wrong.” Clearly the networking of more machines in the home, including video and security systems, suggests that somebody (or something) needs to be available to make sure that the resulting home automation system is working as intended. If you need technical support for home automation, who do you call? It’s not just a theoretical question, given the accelerating trend...