Tag: Tom Kerber
Integration of smart devices key to driving RMR growth
December 19, 2018SSN Staff
DALLAS—New research from Parks Associates shows the integration of smart home products will be key to drive new recurring monthly revenue (RMR) growth among security companies.Parks' “360 Deep Dive: Driving RMR Growth with Add-on Products & Services” notes the security industry has experienced flattening RMR growth as adoption of interactive services has exceeded 50 percent of security subscribers.“Today, over three quarters of new security subscribers have interactive services,...
New resi research promising
June 28, 2017Paul Ragusa
U.S. households with professional security monitoring will generate nearly $14.7 billion in 2021, reaching a five-year CAGR of 4.7 percent from 2017-2021, according to Parks Associates' Home Security NUMBERS research.
“Our last number from the fourth quarter of 2016 shows that 21.5 percent of broadband households, which is about 80 percent of overall households, have professionally monitored security,” Tom Kerber, Parks' director of IoT strategy, told Security Systems News. “So...
Parks Associates' annual conference set for Silicon Valley
May 17, 2017Paul Ragusa
DALLAS—Nearly 38 million U.S. households will have a smart home controller by 2021, generating more than $1.2 billion in recurring service revenue, according to research firm Parks Associates, which is hosting its 21st annual CONNECTIONS: The Premier Connected Home Conference, May 23-25, at the Hyatt Regency San Francisco Airport.The event includes pre-show research workshops highlighting new data and analysis from Parks Associates' research team and features more than 700 executives in an...
Parks Associates announces keynotes for CONNECTIONS conference
March 23, 2017SSN Staff
DALLAS—Consumer IoT research firm Parks Associates announced the keynotes and initial speaker lineup for its 21st-annual CONNECTIONS: The Premier Connected Home Conference, which will be held May 23-25 at the Hyatt Regency San Francisco Airport.The executive conference focuses on ways to engage consumers and grow revenues in the converging IoT industries, including smart home, connected entertainment, and mobile ecosystems.The conference features keynotes by Matt Eyring, chief strategy and...
Research shows continued growth in smart home market
January 20, 2017Paul Ragusa
DALLAS—Approximately 26 percent of U.S. broadband households today now own a smart home device, up from 19 percent at the end of 2015, according to new Parks Associates' research that was announced at its CONNECTIONS Summit at CES in January.
“That is a pretty significant increase, and that is notable because if you look at the lifestyle adoption, it is moving from early adopters to early majority so that transition is interesting,” Tom Kerber, Parks' director of IoT...
Study: Parks examines approaches to the smart home
December 14, 2016Spencer Ives
DALLAS—Parks Associates took a look at the smart home's competitive landscape—and how providers should prepare for the market's future—in its new report, “Smart Home: A Roadmap for Strategic Planning.”“The security industry is the leading channel for smart home products and services,” Tom Kerber, Parks' director of IoT strategy, told Security Systems News, adding that there are players, both in- and outside of the security industry, approaching the smart...
Smart home adoption to benefit security
July 20, 2016Paul Ragusa
DALLAS—Market research firm Parks Associates, based here, is predicting that an increase in smart home controllers will help drive the increased adoption of home security systems—moving the penetration rate of home security systems past the 20 percent mark up to 26 percent by 2020.Parks Associates estimates that by 2020 more than 50 percent of U.S. broadband households will have a smart home controller, up from 13 percent in 2015, and 24 percent will have an IP camera, up from just under...
Comcast and Alarm.com reportedly in talks to acquire Icontrol
June 15, 2016Martha Entwistle
REDWOOD CITY, Calif.—Interactive services platform provider Alarm.com and cable giant Comcast are in talks to acquire platform provider Icontrol Networks, according to several sources who spoke to Security Systems News, and published reports.
The deal could bring “Big Blue”—ADT, which has about 30 percent market share—to Alarm.com.
Contacted by SSN, Icontrol, Alarm.com and Comcast declined to comment.
Alarm.com, a direct competitor to Icontrol, would...
Resi security industry preps for ISC West
March 16, 2016Paul Ragusa
YARMOUTH, Maine—With ISC West right around the corner, Security Systems News asked some leading players on the residential security side to share their game plans for this year's show at the Sands Expo in Las Vegas, April 5-8.
Tom Kerber, who leads Parks Associates' research in the areas of home controls, energy management and home networks, told SSN that ISC West allows him to meet face-to-face with leaders in the industry and “talk to as many people as I can to try to get...
Initial research: Telecoms, cablecos responsible for half of new subscribers
March 9, 2016Paul Ragusa
DALLAS—Interactive services, self-installed options, the presence of cable and telecom operators, new smart-home technologies—it truly is a pivotal time for the residential security industry. To help sort it all out, Security Systems News caught up with Tom Kerber, who leads Parks Associates research in the areas of home controls, energy management and home networks.In terms of the overall impact on the industry, Kerber noted that Parks Associates' initial research shows that “almost...