New research highlights industry developments
and the growing role of AI technologies
DALLAS, June 24,
2024 /PRNewswire/ -- Research featured in Parks
Associates' Smart Home and Security Tracker reveals 28%
of full-time employees and business owners use artificial
intelligence (AI) applications for their professional needs,
ranging from automating routine tasks to enhancing decision-making
processes. The firm's Smart Home and Security Tracker
provides insights on the latest industry news and trends, including
how the integration of AI is transforming the smart home
industry.
Jennifer Kent, VP of Research,
Parks Associates, will speak at the upcoming Connectivity Standards
Alliance (CSA) member meeting, on June
25th in Washington,
D.C. Her presentation addresses the growing requirements for
interoperability, security, and integration between devices and
ecosystems for consumer, SMB (small-to-medium business), and
multifamily markets.
"AI applications span multiple industries within the connected
home," Kent said. "AI-driven smart thermostats can learn user
preferences and optimize heating and cooling schedules, while
lighting systems adjust brightness and color based on the time of
day and occupancy. AI-enabled cameras and doorbells provide
real-time alerts and facial recognition, enhancing home security.
Integrating and enhancing AI-based applications can give
manufacturers an edge in a very competitive marketplace."
Despite the growing adoption of AI, people have significant
concerns regarding its impact and the ability of society to control
its development and use—71% of US internet households express worry
about society's ability to control AI and use it responsibly.
"Addressing fears of AI's misuse or unintended consequences of
its use requires transparent practices from AI developers and
companies, clear regulations to protect user data and privacy, and
public education to demystify AI technologies and their functions,"
said Daniel Holcomb, Senior Analyst,
Smart Home Research, Parks Associates.
To schedule an interview with an analyst or to request specific
data, please contact Mindi Sue
Sternblitz-Rubenstein at
mindi.sue@parksassociates.com or 972-490-1113.
About Parks Associates
Parks Associates, a
woman-founded and certified business, is an internationally
recognized market research and consulting company specializing in
emerging consumer technology products and services. Founded in
1986, Parks Associates provides business intelligence and research
services through its proprietary methodologies developed over
decades, including quarterly surveys of 10,000 internet
households.
The company's expertise crosses many industries: home security
and smart home, streaming video, broadband and pay-TV services,
digital media and platforms, gaming, Wi-Fi and home networks,
connected health, support, consumer electronics, home control
systems, energy management, and tech solutions for the
multi-dwelling (MDU), small-to-medium business (SMB), and
commercial building markets.
Each year, Parks Associates brings thousands of leaders together
for its webinars and annual events. The firm hosts the annual
executive research and strategy conferences CONNECTIONS™, Connected
Health Summit, Smart Energy Summit, Smart Spaces, and Future of
Video. https://www.parksassociates.com
Follow Parks Associates on LinkedIn, Facebook, and
Instagram.
Mindi Sue
Sternblitz-Rubenstein
Parks Associates
972.490.1113
379505@email4pr.com
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SOURCE Parks Associates