"CONNECTIONS" articles

Parks Associates continues its twenty-sixth annual CONNECTIONS™ with our in-person conference in Frisco, Texas on May 17-19. Patrick Dunn, Program Director, Center for Health Tech and Innovation at American Heart Association will be featured on the panel, Health and Wellness Solutions: Expanding the Market , on May 19 at 1:00 PM CT, addressing how major changes in the energy landscape will shift how consumers manage their home energy in the future. Prior to the session, Patrick...

AutoGrid, which specializes in AI-driven optimization for distributed energy resources (DERs), has just announced that it will be acquired by Schneider Electric. The two companies have been working together since 2015 and in 2020, they introduced an integrated solution focused on digital transformation for utilities. Once the agreement passes regulatory approval and the usual closing conditions, the deal is expected to close in Q3. Parks Associates’ research reveals that smart...

Parks Associates’  CONNECTIONS™: The Premier Connected Home Conference  series is excited to announce  Midea  as an Event Sponsor. With more than 150,000 employees and presence in over 195 countries, including in the United States, Midea’s products touch the lives of millions of people and families through air treatment, refrigeration, laundry, small and large kitchen appliances, water appliances, floor care and lighting. The Midea brand’s promise...

Despite slow and steady growth of the smart home, issues related to perceived weak value proposition still top the list of purchase inhibitors for smart home devices. Now, 37% of US internet households have a smart home device with smart doorbells topping the list at 15% adoption. Smart light bulbs, networked cameras, and smart thermostats are the next highest adopted smart home devices according to ongoing Parks Associates quarterly research of 10,000 internet households. Parks...

Households with children are the major buyers of all things technology in the home, as well as all consumer goods . They provide the viewing and recommending experiences for new products to the more average buyers and their assessments, of specific brands and product types help guide the overall marketplace. Parks Associates research shows there are about 32 M households with children including: 15% of all US households with 1 child; 12% of all US households with 2...

Voice control, data analytics, machine learning, sound recognition, and artificial intelligence play a substantial role in simplifying, streamlining, and automating the smart home, radically enhancing the value proposition by providing context, awareness, and decision making that moves the market beyond scripted, pre-programmed automation scenes. Integration between core smart home entryway and living room products and emerging ones in the kitchen, garage, and bedrooms are increasingly...

Parks Associates’  CONNECTIONS™: The Premier Connected Home Conference  series is excited to announce  Plume  as a Research Partner. Plume is the creator of the world's first Consumer Experience Management (CEM) Platform powered by OpenSync™. As the only open and hardware-independent solution, Plume enables the curation and delivery of new Smart Home Services rapidly and at a massive scale. This allows Service Providers to offer their subscribers a...

Parks Associates hosted our opening virtual session of the 26th annual CONNECTIONS Conference, featuring discussions around the state of the smart home. It was so great to hear from so many industry leaders about the current state of the market and wanted to share some of Parks Associates research insights from our ongoing research work on the role of partnerships, interoperability, and smart home platforms. For almost 40 years, we have been studying the impact of computing and...