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Parks Associates: 83% of Multifamily Builders Report The Ability to Integrate Smart Home Technology With Property Management Software as Very Important

Parks Associates: 83% of Multifamily Builders Report The Ability to Integrate Smart Home Technology With Property Management Software as Very Important
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Parks Associates: Lower Prices Could Add Nearly Eight Million More US Broadband Households into The Smart Home Market

Share this article Share this article DALLAS, May 10, 2021 /PRNewswire/  A new industry report from Parks Associates reveals that among the 42% of US broadband households who do not own and do not plan to buy a smart home device, 17% admit they would likely buy a device if the cost were lower. Capturing these consumers at the right price point would add 7.9 million more households to the population of smart home owners. The report, Breaking Smart Home Barriers: Why Consumers Don t Buy, addresses market barriers and mines consumer fears and presents strategies for addressing or alleviating their concerns in order to expand sales.

Custom Voice Assistants That Offer Total User Privacy Are Here

Custom Voice Assistants That Offer Total User Privacy Are Here Sensory powers new voice-enabled Farberware microwaves, the first of many home devices to feature a custom, private voice UI News provided by Share this article SANTA CLARA, Calif., May 6, 2021 /PRNewswire/ Sensory today announced that custom voice assistants that deliver total user privacy are officially here and are already revolutionizing how people interact with things they own. Sensory s technologies are helping custom voice assistants go mainstream, powering everyday appliances like the Farberware FM11VABK voice-controlled microwave oven. Immediately available in the US market, this new microwave oven utilizes Sensory s TrulyNatural technologies to provide all the benefits of a custom voice assistant without the privacy compromises of cloud-based, general-purpose assistant platforms.

Parks Associates: 43% of MDU Residents Owned a Smart Home Device in 2020, Compared to 30% in 2019

Smart Energy Summit Tracking smart device data on heating and cooling can help property managers identify HVAC equipment inefficiencies that waste energy, said Patrice Samuels, Sr. Analyst, Parks Associates. Property managers in buildings that utilize shared meters can also leverage smart devices like smart thermostats, lights, and outlets to manage energy use in those buildings more effectively. The MDU market has become increasingly important to device manufacturers as they seek to drive overall market adoption of the smart home products. The virtual session MDUs: Leveraging Proptech for Smart Energy Management features a visionary address from Joan Soskin, GM, Smart Home, Latch, a research presentation from Parks Associates, and an Executive Q&A with Sean Miller, President, PointCentral, an Alarm.com company.

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