Recurring revenues from smart home controllers will exceed $1 billion by 2021

Parks Associates will highlight new distribution strategies for smart home and connected entertainment solutions, including insights from Nest Labs, Honeywell, Verizon, ADT, Nortek, and other industry leaders at CONNECTIONS™: The Premier Connected Home Conference, May 23-25, at the Hyatt Regency San Francisco Airport. The research firm forecasts nearly 38 million U.S. households will have a smart home controller by 2021, generating over $1.2 billion in recurring service revenue.

“The smart home is forcing convergence of traditionally separate industries, creating new competition and opportunities for partnerships,” said Tom Kerber, Director of IoT Strategy, Parks Associates. “At CONNECTIONS™, the diversity of speakers is a reflection of the convergence in the smart home.  Attendees will hear perspectives from all angles and verticals and gain an understanding of how market and technology convergence is shaping the future.”

The 21st-annual CONNECTIONS™: The Premier Connected Home Conference focuses on ways to engage consumers and grow revenues in the converging IoT industries, including smart home, connected entertainment, and mobile ecosystems.

The opening session on May 23 at 3:30 pm, “The Future for the Connected Consumer,” addresses consumer awareness and familiarity regarding connected products as well as the value they assign to each value proposition. This interactive session includes insights by executives from Chamberlain Group, Inc., HomeAdvisor, Nest Labs, Honeywell, and Wink.

Following this session, Sridhar Solur, SVP,  Product & Development for Xfinity Home, Internet of Things, and Data Services, Comcast, will provide the opening keynote “Humanizing Connected Home Experiences: Using Machine Learning and Voice Control.” Then the session “OTT Video Services: Entertainment for a New Generation” will address the disruption in the traditional TV markets created by over-the-top content and services.

Session speakers on May 23 include the following:

• Fredrik Andersson, Co-founder & SVP Strategy and Business Development, Accedo
• Dan DiClerico, Smart Home Advisor, HomeAdvisor
• William Greene, Product Manager, Energy Services, Nest Labs
• Scott Harkins, VP IoT Partner Programs Honeywell Connected Home & Buildings, Honeywell
• Martin Heckmann, Director, Emerging Business, Chamberlain Group, Inc.
• Darren Lepke, Marketing Director, Verizon Digital Media Services
• Arlen Marmel, General Manager, VRV, Ellation
• Matt McGovren, VP of Marketing and Partnerships, Wink

"As the OTT video service market continues to evolve and competition increases, we will see a shift from distribution challenges to customer management challenges,” said Fredrik Andersson, Co-founder & SVP Strategy and Business Development, Accedo. “I look forward to exploring this topic with my industry colleagues at the annual CONNECTIONS™ Conference, which is always a great event for discussing future opportunities and challenges in our industry."

“Given the seismic shift the media business is undergoing, the CONNECTIONS™ conference and specifically the OTT Video Services panel represent an outstanding opportunity to mine some of these trends and better understand how distribution, consumption, and engagement are evolving,” said Arlen Marmel, General Manager, VRV, Ellation.

"For the smart home to evolve from nicety to necessity, a paradigm shift in how the industry articulates the benefits to consumers has to occur," said Matt McGovren, VP of Marketing and Partnerships, Wink. "CONNECTIONS™ brings together a critical mass of industry thought leaders, and I look forward to discussing how we can collectively bring the smart home into the mainstream."

CONNECTIONS™ will also feature the following keynote speakers:

• Matt Eyring, Chief Strategy and Innovation Officer, Vivint Smart Home
• Kristine Faulkner, Senior Vice President / General Manager, COX Homelife, Cox Communications
• Miles Kingston, GM of Smart Home, Intel
• Rahul Patel, SVP and GM of Connectivity, Qualcomm Technologies, Inc.
• Sridhar Solur, Senior Vice President, Product & Development for Xfinity Home, Internet of Things and Data Services, Comcast

CONNECTIONS™ sponsors: Intel Corporation, Vivint Smart Home, Asurion, Greenwave Systems, Assurant Solutions, HelloTech, Xively by LogMeIn, Alarm.com, Centercode, ROC-Connect, Support.com, ULE Alliance, Verisk, AMT Warranty, Arrayent, Audio Analytic, August Home, Ayla Networks, Cirrent, Cross Country Home Services, Deutsche Telekom, EVRYTHNG, FIBARO, mnubo, OneEvent Technologies, Somfy, Whisker Labs, Z-Wave, Amazon Alexa, HomeAdvisor, Nortek Security & Control, Tyco, leakSMART™, and MivaTek.

CONNECTIONS™ supporters:Antenna, B2 Group, BayPay Forum, Bedrock Learning, Best Web Design Agencies, Bestseos.com, Bluetooth SIG, BoogarLists, CABA, CEDIA, CIOReview, CoPE, Conference Guru, Cord Cutters News, Council, CrowdReviews.com, Digital Entertainment Group, Digital Trends, Entertainment Merchants Association, FierceCable, FierceOnlineVideo, FierceTelecom, FierceWireless, FierceWireless Tech, Finpro, GeoMarketing, Home Energy Magazine, HomeGrid Forum, Hometoys, i-Home, Innovation & Tech Today, Intelligent Health Association, Intergetic Forum, IoT Consortium, IoT Weekly News, ISE Magazine, KNXtoday, LonMark International, MoCA, oneM2M, Open Connectivity Foundation, Payments & Cards Network, PharmaVoice, ReadWrite, RHCC, Smart Grid Spain, TelcoProfessionals, Telecompaper, Thread Group, Topseos.com, TWICE, Visibility Magazine, and Wi-Fi Alliance.

To register for the 21st-annual CONNECTIONS™ Conference, visit http://bit.ly/CONNUSregistration. Press passes are available at http://bit.ly/CONNmediapass. To schedule an interview with an analyst or request specific research, contact Holly Sprague at hsprague@gmail.com, 720.987.6614.

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