Parks Associates’ consumer survey work of 10,000 US Internet households shows that 38 per cent of households own at least one smart home device, up 2 per cent from a year ago. Consumers continue to buy connected products; 27 per cent of US Internet households report buying a smart home device in the past 12 […]

Findings from the first biannual Plume IQ Smart Home Market Report from personalised communications services specialist Plume reveal comprehensive intelligence about the growth of the smart home sector, including the changing popularity, penetration and usage of connected devices and home networks. The report analyses anonymised and aggregated data from a cross-section of the 41 million […]

The global smart home market is expected to experience consecutive years of softening growth starting in 2021 before an upward trajectory resumes in 2023 according to Omdia. The downward trend is attributed to a combination of factors including wage stagnation, increased unemployment and a large decline in projected retail sales, especially in 2022. Strong growth, […]

The global market for smart home devices grew 11.7 per cent in 2021 compared to 2020 with more than 895 million devices shipped, according to the International Data Corporation (IDC) Worldwide Quarterly Smart Home Device Tracker. Notwithstanding the market volatility due to the pandemic and its impact on supply chains as well as demand-side shocks, IDC […]

According to a research report from the IoT analyst firm Berg Insight, the number smart homes in Europe and North America reached 105 million in 2021. The most advanced smart home market is North America, having an installed base of 51.3 million smart homes at the end of the year. This represents a penetration rate […]

Findings from research firm Parks Associates indicate that 88 per cent of US households have broadband, with an increasing number of connected devices tapping into high-speed connections to deliver safety, security, convenience, and energy-saving use cases. The firm’s latest whitepaper, Smart Products: Building the Modern Home, developed for GE Appliances and released ahead of the […]

Personalised smart services specialist Plume has released data and insights into smart home trends resulting from increases in the number of devices, types of devices, hours used and data used across smart homes. This comes as it surpasses what it says is a major milestone: more than 1 billion unique client devices have been managed […]

Findings from research firm Parks Associates reveal 40 per cent of MDU (multi-dwelling unit) renters in US broadband households are interested in bulk broadband Internet bundled with their rent and 77 per cent of those are willing to pay higher rent in exchange for these services. The firm also tracks growing ownership in smart home […]

Global consumer spending on smart home solutions is set to grow to $123 billion (€104bn) in 2021 after declining in 2020 due to the economic impact of Covid-19 according to research published in Strategy Analytics’ 2021 Global Smart Home Forecast. Strategy Analytics forecasts global consumer spending in 2021 on smart home products and services will […]

Research firm Parks Associates’ latest consumer survey of 10,000 US broadband households shows that 34 per cent of US broadband households own at least one smart home device and 23 per cent now own three or more smart home devices, up from 19 per cent in 2019. “Smart home adoption has steadily increased, and the […]