WiFi Technology
WiFi Technology
Do More Millennial Homeowners Equate to More Smart Homes?
The Millennial generation is now starting to have families and “settle down.” There are more and more Millennials becoming homeowners. Yet, there is still a divide on whether these homeowners are leaning towards smart homes. The older segment of the millennial...
Projected 1000% Growth of Voice Assistants in Smart Homes by 2023
According to a Juniper Research study, a key factor to smart home growth is with voice assistants such as Alexa or Google Assistant. They project that by 2023, 275 million voice assistant devices will control smart homes. That is up from the estimated 25 million in...
Smart Assistant Dominance Intensifies with the Growing Smart Home Market
The worldwide smart home device market is made up of smart speakers, digital media adapters, lighting, thermostats, and more. In 2018, the market forecasts shipping 549.5 million devices. This half-million shipment is a 26.8% growth over last year. Currently, Smart...
85% of U.S. Millennials Subscribe to OTT Video Services
A recent study by Parks Associates shows that 85% of Millennials in the U.S. subscribe to at least one OTT video service. Another 25% of them subscribe to three or more. This saturated market is a challenge for OTT services when it comes to retaining existing...
Consumers Shift from Basic Wearables to Smarter Devices
According to the International Data Corporation Worldwide Quarterly Wearable Device Tracker, wearable device shipments grew 1.2% during Q1 2018 as shipments reached 25.1 million. This growth was slower than the 18% year-over-year growth one year ago. Consumer...
75% of Smart Home Device Consumers Value the Importance of Interoperability in their Home
Park Associates’ report, Interoperability and the Internet of Things, indicates that about 75% of smart home device consumers consider interoperability an important deciding factor when purchasing their new smart home device. Consumers want to know that their purchase...