Parks Associates Introduces Tech Ecosystem Dashboard Focused on 4 Major Brand Ecosystems
Parks Associates
Internationally recognized consumer IoT market research firm studying connected home and entertainment trends
Parks Associates introduces Tech Ecosystem Dashboard focused on 4 Major Brand Ecosystems: Apple, Amazon, Samsung, and Google
New for 2024, Parks Associates improved upon the Consumer Electronics Dashboard to create the Tech Ecosystem Dashboard, now illustrating the power of brand ecosystems and the convergence of consumer electronics devices with entertainment. Smartphones, for example, are central hubs for communication, but also daily drivers for smart home device management and personal entertainment.
The new tech ecosystem dashboard focuses on four main brand ecosystems: Apple, Amazon, Samsung, and Google but data and discussion of additional brands for individual CE categories are also included, along with historical numbers.
Consumer Insights Dashboards present survey-based consumer research that tracks movement of foundational market metrics, such as product or service adoption, household spending intentions, churn, and key tracking metrics on leading industry players.
Parks Associates surveys 8,000 U.S internet households every quarter, with additional surveys fielded throughout the year.? The households surveyed represent the national demographics for US internet households, 92% of all US households.????
The Tech Ecosystem Dashboard visualizes the most important metrics informing the strategic decision making of companies connected to the leading consumer electronics devices in the home.??
Advancements in technology have coincided with increased demand for devices and, consequently, integrated capabilities across those devices. Parks Associates research finds that US internet households now own an average of 17 devices. With so many applications in use and devices to manage, an interconnected experience through brand ecosystems can certainly enhance the user experience for the consumer.?
Deeper integration within an ecosystem also fosters brand loyalty and promotes stickiness. While each device will work functionally on its own, oftentimes multiple devices work better when all operate within the same ecosystem. This shift towards interconnectivity demands a new focus on how CE devices interact to create more immersive experiences and deepen connections.?
Consumer electronics manufacturers and retailers today are faced with customers who are more deal-focused than ever. The industry can capitalize on this by offering enticing, value-driven, promotions across a broad range of budgets, especially if coupled with an easy and fun shopping experience.?
While demand is up in many ways, purchase intentions are still lower than the highs during the pandemic.?
This just published research study provides updates throughout the year and covers the following trends in the consumer electronics market:?
Consumer Electronics Adoption and Purchase Trends
Top 9 CE Device Adoption by Brand
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Consumer Electronics: OS and Brand Leaders?
Net Promoter Scores for CE Categories?
Competitor Moves: Brand Share in Select Categories
Overview of Brand Loyalists
Primary Streaming Devices
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.
Vice President Marketing at Parks Associates
3 个月Insightful!