Providing market intelligence for more than 35 years

Smart Home

Interoperability and the Connected Device Market

Connected devices are set to become the next big thing in the home and the marketplace.

The market for connected devices is in its early stages (connected devices currently amount to less than one percent of the market, according to Parks Associates), but connectivity has been increasingly making its presence felt in the home. 

The market for these devices is currently fragmented as companies are designing solutions to meet their personal objectives.  However, to achieve the full success of the connected home, interoperability needs to be established between different networks and applications. 

Companies must set goals both to differentiate their own services and integrate with other products while enhancing their relationship with the consumer for the market to grow.  This must accompany an understanding of the roles of different companies involved in the design, development, and deployment of a connected solution.

To learn more, sign up for the complimentary Parks Points Newsletter.

More from

July 31, 2022

Parks Associates Welcomes MediaKind as 2022 Future of Video Sponsor

Parks Associates’ Future of Video: OTT, Pay TV, and Digital Media is excited to announce MediaKin...

Read More

September 19, 2022

The Advantages of OTT Bundling - Insights from Verimatrix

Parks Associates’ Future of Video: OTT, PayTV, and Digital Media continues on Thursday, September...

Read More

October 30, 2022

In-Person Future of Video Conference to Explore Latest Industry Trends

Parks Associates will host the fifth annual Future of Video: OTT, Pay TV, and Digital Media Decem...

Read More