Wednesday, November 28, 2018

16% of smart thermostats were sold through HVAC dealers in 2017

CONNECTIONS™ Summit examines homebuilders, insurance, and other sales channels for smart home at CES® 

Parks Associates research finds 16% of U.S. broadband households that bought a smart thermostat in 2017 purchased this device through an HVAC dealer as part of a new HVAC system. 360 View: Smart Home Buyer Journey and User Experience notes consumers have multiple sales channels available as they look to acquire smart home products.

The international research firm will discuss the smart home buyer’s journey and the opportunity for voice-enabled services at the 13th-annual CONNECTIONS™ Summit: Consumer IoT and Smart Home on January 8 at CES® 2019 in Las Vegas. The Summit concludes with a networking reception, sponsored by Homematic IP. Registration is now open at CES.tech.

Smart Thermostat: Category of Purchase | Parks Associates

“Smart thermostats have been on the market long enough that 4% of buyers in 2017 were buying a second one,” said Elizabeth Parks, SVP, Parks Associates. “Growing interest in and ease of self-installation are also helping to drive this and other smart home products—57% of smart thermostats were self-installed in 2017, compared to 43% in 2016. At CONNECTIONS™ Summit, we will explore strategies to expand add-on device sales and services that leverage standalone device adoption, as well as other business model innovations that will grow the smart home industry.”

CONNECTIONS™ Summit features panels examining successful consumer-focused strategies that meet the challenges of today’s IoT and smart home ecosystems. Leading analysts from host Parks Associates present consumer research and moderate expert discussions on key trends in user experiences, voice, insurance, privacy, and independent living.

 

CONNECTIONS™ Summit speakers:

2019 Panelists


eQ-3 AG
Bernd Grohmann, Executive Vice President

Alarm.com
Steve Chazin, VP, Product Management

Alula
Dave Mayne, Vice President of Product Management

Centrica Hive Ltd
Claire Miles, Managing Director

Chamberlain Group, Inc.
Cory Sorice, VP GM Emerging Business

Cirrent
Rob Conant, CEO

Comcast Cable Inc.
Shuvankar Roy, Vice President, Xfinity Home

Comcast Xfinity
David Wechsler, Senior Director of Channels and Partnerships

Control4
Charlie Kindel, Senior Vice President of Products & Services

F-Secure
Paul Palmer, Global Director of Business Development, Consumer Business

Google
Michele Turner, Sr. Director, Smart Home Ecosystem

Hippo
Yuval Harry, Head of Partnerships

IBM Institute for Business Value
Cristene Gonzalez-Wertz, Electronics + Environment, Energy & Utilities Research Director

IFTTT
Linden Tibbets, CEO

Inspire
Patrick Maloney, CEO & Founder

KB Home
Jacob Atalla, VP, Sustainability

Lennar
David Kaiserman, President, Lennar Ventures

Level Up Your Home
Jennifer Mallett, CEO/President

Medical Guardian
Geoff Gross, Founder & CEO, Medical Guardian

Microsoft
Ed Doran, Ph.D., Co-Founder Cortana, Principle Program Management, Artificial Intelligence & Research, Incubations

Minim
Jeremy Hitchcock, Founder & CEO

MobileHelp
Rob Flippo, CEO

Nuance Communications
Ramon Kolb, Head of Strategy and Business Development, Smart Home and Dragon TV

Philips Hue - Signify
George Yianni, Head of Technology

Resideo
Daniel Behrendt, Head of Business Development

Ring, an Amazon Company
Mike Harris, President, Ring Solutions

ROC-Connect, Inc.
Marcus Scheiber, CEO & Co-Founder

Silicon Labs
Raoul Wijgergangs, VP IoT Smart Home

SmartThings
Kellen Xu, Director of Global Business Development and Partnerships

SoundHound, Inc.
Katie McMahon, VP and GM

The Greystone Group, Inc.
Chris Gibbons, Founder and CEO

Thread Group / NXP
Sujata Neidig, VP, Marketing; Director, Product Marketing, Microcontrollers & Connectivity

Trusource Labs
Alton Martin, Co-Founder/Chief Evangelist

USAA
Jon-Michael Kowall, AVP of Property Product Development & Innovation

CONNECTIONS™ Summit at CESwill take place in Marcello 4405 on the 4th level of the Venetian Hotel. CONNECTIONS™ Summit is a one-day executive summit that focuses on the best business models and value propositions in the Internet of Things (IoT), the smart home, and connected and mobile CE and services. The event includes six executive sessions, two special presentations, and a networking reception, sponsored by Homematic IP, on January 8, the opening day of CES.

CONNECTIONS™ Summit at CES is the place to be to learn about the smart home, get the latest consumer research, and network with strategic decision makers in this growing market. CONNECTIONS™ Summit sponsors include Alarm.com, Asurion, Cirrent, F-Secure, Hive Home, Homematic IP, Inspire, Minim, ROC-Connect, and Trusource Labs.

For information on Parks Associates research or events, visit www.parksassociates.com, or contact sales@parksassociates.com, 972-490-1113. To schedule an interview or to request specific research data, please contact Julia Homier at Julia.homier@parksassociates.com.

About CONNECTIONS™ Summit at CES

CONNECTIONS™ Summit at CES is an annual research and industry event hosted by international research firm Parks Associates at CES in Las Vegas. In 2022, the executive event features one day of panel discussions on the state of the smart home, connected health, home security, and new home services, with trends and implications for connected consumers and opportunities for companies to build new revenues and develop innovative business models.

The 16th annual CONNECTIONS™ Summit will take place January 5 during CES, which runs January 5-8 in Las Vegas. Follow the event on Twitter at @CONN_Summit.

For information about CONNECTIONS™ Summit, contact sales@parksassociates.com or call 972-490-1113 or visit www.connectionssummit.com.

About Parks Associates: Parks Associates, a woman-owned and woman-led internationally recognized market research and consulting company, specializes in emerging technology solutions serving the consumer and small to medium business (SMB) markets. Celebrating its 35th year in 2021, Parks Associates is a partner to companies navigating the changing consumer technology landscapes through data-driven market insights, extensive consumer and industry intelligence, custom marketing services, and executive networking experiences and conferences.

The company's expertise includes home automation, control systems and security, digital media and platforms, entertainment and gaming, home networks, internet and video services, connected health and independent living solutions, mobile applications and services, support services, consumer electronics, and energy management solutions.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Connected Health Summit, Smart Energy Summit: Engaging the Consumer, and Future of Video: OTT, Pay TV, and Digital Media. http://www.parksassociates.com

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