Parks Associates: 64% of all smart devices are part of a security or home controls system

Parks Associates today announced Internet of Things (IoT) research showing nearly 4% of U.S. households will have a smart home controller by the end of 2014, with an estimated increase to nearly 6% by 2015. The firm's Evolution of Smart Home and the Internet of Things, which includes data from a 1Q 2014 survey of 10,000 U.S. broadband households, also reports 64% of all smart devices currently in households operate as part of a security or home controls system. Smart devices include motorized door controls, lighting controls, networked security camera, and programmable thermostats, among other devices. 

"The smart home is an emerging market with multiple channels, from service channels to retailers such as Staples and Lowe's," said Tom Kerber, Director, Research, Home Controls & Energy, Parks Associates. "The majority of smart devices installed today were acquired as part of a security or home controls system deployed by a providers such as ADT, Comcast, or AT&T. However, consumers are starting to buy individual products such as smart programmable thermostats and smart smoke detectors in greater numbers and install them as stand-alone devices-but with the expectation that these new devices will interact with all existing and future devices in the home." 

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