Households headed by consumers ages 25-34 have highest adoption rate for smart home devices

Tuesday, December 15, 2015

According to Parks Associates research, 30% of U.S. broadband households with a head of household ages 25-34 have adopted a smart home device. Compared to other age brackets, this age group represents the highest rate of adoption, though heads of households ages 35-44 own the highest number of smart home categories, with two types of devices per household.

Additional Parks Associates research shows:

Safety and security are the leading value propositions for the connected home
Households with an annual income of $100,000 or more are most likely to have a smart home device
Over a quarter of U.S. broadband households with children own at least one smart home device

At the 2016 CONNECTIONS Summit at CES, Parks Associates analysts will explore the leading value propositions for the growing Internet of Things as it relates to the connected home alonside leading industry executives. Several sessions throughout the event will focus on smart home opportunities and market strategies.

Parks Associates would like to thank the following Event Sponsors for helping support the 2016 event:

Affinegy is a global provider of connected device management and service enablement software for the home and business. Affinegy’s platform makes it simple and profitable to activate entertainment, internet, security, premise automation, and wellness services, where devices and appliances seamlessly and securely communicate to empower connected users. Based on proven standards, such as TR-069, the Affinegy platform has been tested over time and globally deployed to more than 35M users through leading broadband providers and network equipment manufacturers. Affinegy is an acknowledged leader in IOT, making our platform the ideal choice for businesses that make products or sell services to the connected user.

Art Lancaster, CTO of Affinegy, will be speaking on the session "Ease of Use, Interoperability, and Mass-Market Adoption" on January 6 at 2:30pm.

AirTies was founded in 2004 by a senior management and technical team from Silicon Valley, with the strategic intent to become the market leader for the wirelessly connected home. AirTies designs and develops its own software and hardware, wirelessly streaming high definition video to multiple rooms and screens. The comprehensive product portfolio includes broadband Internet devices and Internet based television set top boxes. Its globally awarded technology enables seamless wireless integration at the touch of a button, as well as 100 percent internet wireless coverage in homes. AirTies has an installed base of over 10 million devices worldwide.

Bulent Celebi, Co-Founder and Chairman of AirTies, will be participating on the panel "Cloud-based CE and Virtualization: Converging Video Services" on January 6 at 1:10pm.

Alarm.com is a leading technology provider of connected home services, powering millions of residential and commercial installations. Through its connected home platform, millions of people use Alarm.com to help protect and manage the things that matter most – their homes, families, and small businesses. Alarm.com connects a wide range of supported devices across the internet of things to provide an integrated connected home experience through an intelligent cloud-based services platform and easy to use mobile app. Alarm.com solutions are sold exclusively through a network of licensed and authorized Dealer Partners.

Jay Kenny, Senior Vice President of Marketing at Alarm.com, will speak on the panel session "Integrating IoT into Smart Home Platforms" on January 6 at 10:00am.

Founded by the inventor of modern air conditioning, Carrier is the world’s leader in high-technology heating, air-conditioning and refrigeration solutions. Carrier experts provide sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport and food service customers. Carrier is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide.

Matthew Pine, Vice President, Marketing at Carrier, will speak during the session "IoT: Smart Home Solutions and Value-Added Services" on January 7 at 9:00am.

CSS Corp is the global leader in technology support. Over 140 clients, including Fortune 1000 enterprises, count on our expertise in supporting enterprise and consumer products, managing IT infrastructures (stand-alone, cloud or mobile-enabled), and deploying networks. With over 5,500 technology professionals across 13 locations globally, we have a rich heritage of managing large and complex support ecosystems. We have built our reputation on delivering stellar customer experiences. We chart the right support strategy, deploy the right processes and technology to enable it, and then execute impeccably – every day and in every interaction. Because we are wired to support.