Thursday, April 13, 2023

Parks Associates Addresses Growth of Broadband PropTech Market April 17-18 at Smart Spaces

Research firm reports 79% of MDU residents with property-provided smart devices are satisfied with this product experience

Parks Associates today announced the speakers, including keynotes from Greystar, Cox, ADT Multifamily, and World Cinema, for its inaugural Smart Spaces: Apartments, Hospitality, and Community Living, April 17-18 at the Hilton Dallas/Plano Granite Park hotel. The research firm finds the vast majority of multi-dwelling (MDU) residents with property-provided smart devices are satisfied with this amenity. However, implementing these solutions can be challenging for property managers and building owners, highlighting the need for education, marketing, and support.

Smart Spaces is sponsored by Arize, Connectivity Standards Alliance (CSA), Rapid Response Monitoring, Nimbio, Cox Communities, ADT Multifamily, Nice, Vantiva, Xfinity Communities, Homebase, Aquana, Eleven Software, LiftMaster, Calix, Cooktop Safety, and EVPassport. The event focuses on the role of technology in MDU environments, especially the impact of connectivity, smart home technologies, and services.

“We look forward to bringing tech players from all ecosystems together to highlight the growing demand and opportunity for tech in MDU environments,” said Kristen Hanich, Research Director, Parks Associates. “Our preshow workshop MDUs and Tech: State of the Market highlights our latest data and research from building owners and property managers and from residents renting and owning MDU properties.”

The latest research from Parks Associates shows that roughly one in five condo owners report having smart locks or smart home devices in their unit as a community-provided amenity. A smaller percentage of apartment renters report having access to such technology.   

Keynotes


Speakers

 

Register Online Now. To request data or an interview, contact Rosey Sera, [email protected], 972-490-1113.

About Smart Spaces

Smart Spaces, hosted by international research firm Parks Associates, brings together property owners, building managers, and technology leaders to discuss the innovations in the multi-dwelling and hospitality environments. Building on a high-performing broadband backbone, MDU property managers can leverage connected devices and smart platforms that integrate connected solutions to streamline property management tasks and lower operating costs, attract and retain residents, and increase rental revenues. The event features consumer research, informative session, and networking opportunities for building executives, service providers, and hardware, middleware, and software providers enabling the next generation of solutions for the consumer, MDU, and public spaces.

Throughout each Smart Spaces event, Parks Associates shares its research on bulk broadband, managed Wi-Fi, smart home, and IoT technologies, including access controls, energy management, and network support, setting the stage for conversations to understand the current and future opportunities in smart apartments and hospitality. www.smartspacesconference.com

Next: Parks Associates Research Workshop Sets the Stage for CONNECTIONS™: The Premier Connected Home Conference and Connected Health Summit, co-located May 23-25 at the Omni Frisco in Dallas
Previous: 30% of MDU residents who use a mobile app provided by their property owner or manager use it to view their energy bill or track energy usage

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