News

Home data networks drive additional services (24/2/2005)

Data-centric connectivity solutions promote interest in more sophisticated monitoring and protection, value-added services, and storage

Data networks incubate interest in additional value-added services among U.S. households, according to Parks Associates' forthcoming report Home Networks and Residential Gateways: Analysis & Forecasts. The market research firm has found households with a home data network demonstrate substantially higher interest than non-networked households in bundled services (25% versus 14%), voice-over-IP (17% versus 6%), and networked storage (17% versus 2%). These levels of interest represent the larger potential for expanding the service domain and broadening the appeal of home networking solutions.

"We're witnessing an early shift toward home networking as a key variable for motivating additional services in the home," said William Cheek, an analyst with Parks Associates. "Equipment vendors and carriers have a significant opportunity to package data, voice, and multimedia networks as a complete bundle of services that offer network management, virus and spyware protection, and enhanced storage capabilities."

According to Home Networks and Residential Gateways: Analysis & Forecasts, service providers will serve as a key distribution channel for both the networked CPE (consumer premise equipment) and value-added services.

Home Networks and Residential Gateways: Analysis & Forecasts examines the competitive players, their products, consumer demand, and market trends for the data networking and residential gateway markets. The report also paints a detailed picture of household adoption patterns based on Parks Associates' database of consumer survey data and forecasts demand over the next five years.

www.parksassociates.com