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Parks Associates has announced new home energy management data from its report, The Evolution of Home Energy Management, showing 70 percent of U.S. households with smart energy devices report saving money due to reduced energy consumption.

ecobee Inc. is teaming up with SunPower to help homeowners in California and New York take greater control of their electricity costs with solar power and a smart thermostat.

The global advanced HVAC control market is expected to reach close to $12.2 billion in revenue by 2020, according to the latest research study released by Technavio. The report provides an in-depth analysis of market growth in terms of revenue and emerging trends. It also includes an analysis of various market segments.

ABB demonstrated advanced occupant tracking sensors from PointGrab — in which ABB’s Technology Ventures arm made an investment in December 2015 — at Light+Building 2016. PointGrab uses edge-analytics connected sensors to deliver actionable occupant tracking information for smart homes and buildings.

The global market for ZigBee-enabled smart thermostats is forecast to increase substantially at a compound annual growth rate (CAGR) of over 67 percent by 2020, according to a market analysis by Technavio.

Technavio’s latest research report on the global air conditioning market provides an analysis on the most important trends expected to impact the market outlook from 2016 to 2020.

Support.com Inc. has unveiled survey findings indicating that the cost and complexity of smart home systems and devices is threatening consumer adoption and brand loyalty.