17% of US broadband households purchased at least one smart home device in the past 12 months
Parks Associates today announced the topics for the 24th annual CONNECTIONS™: The Premier Connected Home Conference, to be held May 19-21, 2020, at the Hyatt Regency San Francisco. The international research firm will focus on emerging business models and developments for consumer technology, including the impact of technologies like AI, machine learning, and 5G on consumer products and services; the integration of new products and services from different ecosystems in the home; and the expansion of channels distributing smart home, security, energy management, healthcare, connected CE, and home services.
Early sponsors for CONNECTIONS™ include Alarm.com, Rapid Response Monitoring, ServiceLive, Cirrent, MMB Networks, Trusource Labs, Inspire, Aprilaire, and Sprosty Network.
Parks Associates research finds 17% of US broadband households purchased at least one smart home device (not including smart speakers/smart display) in the past 12 months. By comparison, 31% report high intentions to purchase a smart home device in the next 12 months, a level which has stayed consistent over the past six months.
“We have seen smart home growth flatten the past year or so and look forward to hearing from industry leaders on the next stages of consumer engagement strategies,” said Elizabeth Parks, President, Parks Associates. “Consumers who own smart home products continue to buy more, but growth appears to have stalled out, and while intentions are high, purchases are lagging. We look forward to hearing from industry leaders on the next stage of growth for consumer products and services at CONNECTIONS™.”
2020 Event Topics:
Consumer Engagement Strategies
- Extending Peace of Mind: Security Adjacencies
- The User Experience: Integration and Controls
- DIY: Impact on Smart Home and Security
- Clean Energy Trends: Electric Vehicles, Batteries, and Solar
- Support: Onboarding and Ongoing Services
- Growing Up Smart Home: Engaging Different Generations
- New Channel Strategies to Capture Consumer Engagement
Channel Expansion
- Independent Living: Serving Seniors, Aging Boomers, and Chronically Ill
- Monitoring: Expanding Beyond Security
- Health and Wellness: Wearables and Market Growth
- Point Solutions vs Whole-Home Systems
- Energy Management: Driving the Smart Home
- Smart Home Solutions: Channel Expansion
Partnerships and Business Models
- Business Models: Service-Driven Consumer Market
- Service Providers: Value-added Services
- Personalization and the Connected Home: Partnership Strategies
- The User Experience: Integration, Interoperability, and Controls
Technology and Innovations
- AI and the Smart Home: Proactive and Predictive Intelligence
- 5G, AI, and the Connected Home: Looking Forward
- Home Network and Wi-Fi: Connectivity Driving the Experience
- Converging Ecosystems: Entertainment and Smart Home
- Privacy and Security: Protecting the Consumer
- Connected Car: Extending the Smart Home
- Investing in the Future: Tech Driving Innovation
CONNECTIONS™ will host more than 650 high-level executives in an intimate networking environment and includes a mix of market research, analysis, and industry insight designed to capture the complexity and opportunities in these interconnected markets.
Parks Associates is accepting speaker submissions for 2020 at http://www.parksassociates.com/cus-speak. For more information, visit www.connectionsus.com. To schedule an interview with an analyst, contact Sherrelle Lewis at sherrelle.lewis@parksassociates.com, 972-996-0214.
About CONNECTIONS™
Parks Associates' 28th annual CONNECTIONS™: The Premier Connected Home Conference is hosted May 7-9, 2024, 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
