Parks Associates releases Smart Home white paper

(Dallas, TX) Parks Associates releases its Smart Home Evolution: Unlocking Value white paper. A smart speaker or display is owned by 52% of US internet households, and 45% (54 million) of them own at least one smart home appliance. 16% of consumers who purchase smart home devices are novices (1-2 devices), while 18% "Power Users" own 6 or more devices.

38% of buyers are "Early Majority" who relate to modern technology, are pragmatists or practical people who purchase for slight improvements, as well as, require evidence of worth and investment return.

90% of companies are utilizing AI internally, and 79% are incorporating AI into their customer-facing goods and services, with support and communication interfaces being the most common use cases, according to a 2025 poll of over 100 CEOs involved in the connected home and consumer IoT.

45% Recognize unknown persons approaching homes, while 42% Keep an eye out for security threats on their home network were selected as top AI benefit. This was accomplished via smart video doorbell at 43%, smart door lock, as well as, smart camera at 36%. Automation was key when it comes to access controls, particularly 49% at bedtime to lock doors to house, and 47% entrance view video outside entrance.

A fire safety monitoring service is intriguing to 51% of single-family households, and 86% of those who are interested are ready to pay $10 per month for it.

Source Parks Associates