Parks Associates reports smart home device ownership has tripled since 2014
Leading international research firm Parks Associates today announced confirmed speakers for the 23rd-annual CONNECTIONS™: The Premier Connected Home Conference, May 21-23 in San Francisco. The firm reports that 25% of US broadband households have at least one smart home device, nearly tripling from 9% in 2014. CONNECTIONS™ features keynotes from Comcast, KB Home, Alarm.com, iRobot, Lennar, Control4, and Vivint Smart Home and focuses on the expansion of smart home solutions in the home and new business strategies that enhance the consumer experience with connected solutions.
“The smart home industry represents a converging evolution across home management, security, safety, and multiple device/service categories,” said Elizabeth Parks, President, Parks Associates. “As adoption growth appears to be slowing, we see an analogy between the smart home and the PC industry in its early years, when many applications were trying to find one strong fit.”
“CONNECTIONS™ is essential for anyone interested in creating connected home opportunities,” said Joe Roberts, EVP Marketing and Innovation, Nortek Security & Control. “I look forward to sharing ideas with thought leaders in the multiple segments of this dynamic market.”
CONNECTIONS™ addresses the disruption and innovation in the industries developing smart home devices, appliances, and services. The event focuses on how to address the benefits of connectedness within products and strategies to improve their devices’ familiarity and value ratings.
Early sponsors include F-Secure, Alarm.com, Verisk, Rapid Response Monitoring, Audio Analytic, Ayla Networks, Cirrent, Johnson Controls, mnubo, Oak Labs, PassiveBolt, Support.com, Trusource Labs, ULE Alliance, Universal Electronics Inc., Zen Ecosystems, HP, HelloTech, and Inspire.
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Other recent research released by Parks Associates:
The 2019 CONNECTIONS™ Conference will host more than 650 high-level executives in an intimate networking environment. The event includes a mix of market research, analysis, and industry insight designed to capture the complexity and opportunities in these interconnected markets.
For information, visit www.connectionsus.com. To schedule an interview with an analyst or to request specific data, contact Elizabeth Parks at eparks@parksassociates.com, 972-996-0202.
About CONNECTIONS™
Parks Associates' 29th annual CONNECTIONS™: The Premier Connected Home Conference is hosted May 13-15 at Renaissance Dallas at Plano Legacy in Plano, Texas, and brings industry leaders together to provide insights and business forecasting about the adoption of technology including broadband, smart home, security, connected health, energy, and home automation.
CONNECTIONS™ provides ongoing insights throughout the year with virtual and in-person conference sessions. Parks Associates' analyst team leads the conference sessions, which are focused on technology innovations, consumer adoption and trends, product and service forecasts, and the evaluation of new business strategies, partnerships, monetization opportunities, and value-added service design.
CONNECTIONS™ is a pivotal platform for partnerships and exploring the future of technology adoption and its impact on consumers and businesses. www.connectionsus.com
