International research firm Parks highlights transformational role of tech for consumers and business. #pressrelease
January 18, 2023
DALLAS – Parks Associates' latest research, featured in a newly released series of Top Insights documents, reveals adoption across virtually all device and service categories continue to grow:
Smartphones are present in 87% of US internet households.
Smart TVs are now in 63% of internet households.
38% of US Internet households own at least one smart home device, like a smart thermostat, smart door lock, video doorbell, or smart light bulb.
Nearly 40% of US internet households report owning some security solution, such as a security system, smart doorbell, or smart door lock.
54% of US internet households own a connected health product.
36% of consumers would pay more to use power from renewable sources.
The research firm reports annual home service spending is $340 billion across home phone, internet, mobile, security, and video services, amid continued growth of value-added services and connected devices in the home.
Read the full press release here.
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