Bluetooth speakers drive growth in home audio, says firm

The home audio market (wireless speakers, soundbars, Hi-Fi systems, A/V receivers and speaker docks) grew by 22% to ship 71 million units. Trade value also grew by 22%, generating just under US$10 billion worth of revenues in 2014, according to Futuresource Consulting.

Wireless speakers and soundbar shipments exceeded market expectations and accounted for the lion's share, far outweighing the decline in demand for traditional audio devices i.e. A/V receivers and Hi-Fi systems. The wireless speaker market was fuelled by strong growth in Bluetooth speakers in the lower end of the price spectrum and multi-room audio at the premium end.

Home audio devices increasingly offer wireless functionality and shipments with this feature grew by 93% from 27 million units in 2013 to 53 million units in 2014. Futuresource said it predicts that virtually all home audio devices will be wireless by 2019.

Parks Associates Report Smart Home Platforms for Health Addresses Connected Health and IoT Opportunities for the Smart Home

Research firm notes investments in connected health likely to increase following Supreme Court decision

Icontrol Adds Analytics for Smarter Homes

Mari Silbey for LightReading:  If the first phase of the smart home is about adding sensors to light bulbs and door locks, the second phase is about collecting and analyzing data to make the smart home even smarter. Icontrol is moving on to the second phase, announcing that it has teamed up with Canadian company mnubo to bring data analytics to its popular smart home platform.

There's been no question that analytics will play a large role in connected homes of the future. It's a short leap from telling your home to flip the lights when the front door opens to having the smart home system understand that a door opening means the lights should come on, or that at 6 p.m. the family is headed home and the lights and temperature should be adjusted accordingly. With data collected over time, a machine learning system for the smart home can start to predict user preferences.

Icontrol believes it has an advantage in this emerging phase of the market because its scale means it has more data to work with than many of its competitors. The company is the dominant platform provider in the US cable industry, and Icontrol says its software is already tracking more than 26 million sensors and devices. The platform is expected to manage more than 100 billion transactions worldwide in 2015.  Cont'd...

CEA, LonMark Announce New Home & Building Automation Standards

Two new standards will facilitate enhanced device-to-device interoperability

2015 State of the Smart Home Report Reveals Seeing is Believing, Smart Home Mass Adoption to be Led by Familiar Connected Products with Obvious Benefits

Icontrol Networks' Annual Research Profiles Smart Home Customers, with Millennials and Parents Likeliest to Buy

One Quarter of Millennials Have Begun Building Smart Homes and Four-in-Ten Want One, According to The NPD Group

According to The NPD Group Connected Intelligence Advisory Service, Millennials are twice as likely as the total population to have a smart home product installed in their residence.

One Quarter of Millennials Have Begun Building Smart Homes and Four-in-Ten Want One, According to The NPD Group

Millennials are on the road to building smarter homes. According to The NPD Group Connected Intelligence Home Automation Advisory Service, Millennials are twice as likely as the total population to have a smart home product installed in their residence.
The array of smart home products evaluated include network connected security and monitoring devices, sensors, system controllers, smart lighting, power, and appliances. One-in-four Millennials (23 percent) already installed at least one of these products in their homes, compared to 12 percent of the total population. Millennials will continue to drive the growth in this market as four-in-ten (41 percent) of this age group are already aware of and interested in owning smart home products.
A key factor that is driving this early growth is that the smart home market is no longer just for home owners. Renters are as likely as home owners to have smart home products installed, and are three times more likely to be part of the millennial age group. More than a third of renters are between the ages of 18-34.
“Today’s smart home products no longer require professional installation and ongoing subscriptions, many are now plug-and-play options,” said John Buffone, executive director, Connected Intelligence. “The product mix such as smart cameras, lights, and plugs, fits the lifestyle of both home owners and renters which opens up a larger, younger and more tech-savvy consumer market.”

Parks Associates: 64% of broadband households in the U.K. connect a home entertainment device to the Internet

Parks Associates President moderates panels at Smart Home World Summit, June 23-24

Global Revenue from Shipments of Residential Internet of Things Devices is Expected to Reach Nearly $70 Billion in 2025, According to Navigant Research

Interoperability issues, created by a variety of standards and protocols, are challenging this market, report finds

One-fourth of broadband households in the U.K., Spain, and Germany find at least one smart home device very appealing

Honeywell to keynote 10th-annual CONNECTIONS™ Europe in Amsterdam

Consumer Demand for Connected Home Products Slows Dramatically in First Half of 2015 and Continues Rapid Drop Off

New report by Argus Insights reveals that of all Home Automation devices, security cameras are most talked about and despite investments in Nest and Dropcam by Google, and SmartThings by Samsung, consumer demand still lags

ZigBee and 802.15.4 Shipments to Reach 2.5 Billion by 2020, Says ON World

ON World's recently published report finds that annual shipments of IEEE 802.15.4 and ZigBee chipsets doubled last year and will reach a cumulative 2.5 billion chipset sales within the next five years. The smart home will make up over two-thirds of the IEEE 802.15.4 chipsets at this time.

Parks Associates: Familiarity with New IT Support Services Low among SMBs

New research identifies small business adoption and usage of IT and cloud solutions

Parks Associates Announces New Industry Report Examining Robotics in the Connected Home

11% of U.S. broadband households will have a robotic vacuum cleaner by 2020

Parks Associates: 7% of U.S. households have broadband and OTT but no pay TV

New industry report examines current and future market for OTT and TV Everywhere video services

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