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Monday, February 22, 2016

CONNECTIONS Summit Event Summary Now Available for Download

Parks Associates hosted over 500 attendees at the CONNECTIONS™ Summit at CES® in Las Vegas and revealed adoption trends and market disruptions in the IoT and connected consumer markets. As companies work to expand their business models and engage consumers in new connected solutions, disruptors involving interoperability standards, expanding data analytics, and new control options will affect all ecosystem players in the Internet of Things.

Parks Associates research from the event shows:

  • Nearly 50% U.S. broadband households with a smart programmable thermostat are concerned about privacy and security.
  • Over half of U.S. broadband households have used an OTT video service in the past 30 days.
  • 14% of U.S. broadband households plan to purchase a streaming media device by mid-year 2016.

The Event Summary is now available to download. This document provides an overview of CONNECTIONS Summit sessions, including topline findings based on consumer research, primary industry analysis, and executive perspectives.

Conference Highlights:

  • Disruptive technologies and new business models are transforming consumer usage of content, services, and connected devices.
  • Connected entertainment and the smart home open new value propositions for families, including security, management of time and money, convenience, personalization, and choice, and the increase in connected home solutions will lead to innovative business models to engage consumers in new ways.
  • Energy management will also take up a bigger role in the IoT in 2016 as the combination of affordable solar and residential energy storage will expand its presence in the home.
  • Pay-TV providers will have to address a growing percentage of “cord nevers” in the U.S. population, and many will launch new services, such as OTT video services that deliver linear TV experiences, to capture these new segments of consumers.
  • In the mobile and smart home industries, voice control is a key disruptor, creating a new user interface experience for many new connected home solutions.

Download a copy of the Event Summary today!

For more information on CONNECTIONS Summit sessions and speakers, or how you can get involved in next year's Summit, visit www.connectionssummit.com.

Next: Top Five Reasons to Attend CONNECTIONS™: The Premier Connected Home Conference
Previous: 2016 CONNECTIONS Summit Contest Winner Announced

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