Tuesday, May 07, 2019

60% of smart home buyers want a device that works with the products they already own

CONNECTIONS™: The Premier Connected Home Conference addresses strategies of smart home players 

A new Parks Associates report highlights the importance of interoperability, as 60% of US broadband households planning to buy a smart home product heavily favor solutions that work with the devices they already own. Among smart speaker owners planning to buy a smart home product, 64% want a device that works with their smart speaker. Race to Control the Smart Home Ecosystem: Attracting Partners also reports that purchase intentions for smart home products overall have increased from 35% in 2016 to 43% at the end of 2018, a 23% increase in two years.

The report notes that smart speakers continue to shape the smart home experience for users by providing a simple and intuitive way for them to control and interact with other devices in the home. Parks Associates will address these key issues at its 23rd-annual CONNECTIONS™: The Premier Connected Home Conference, May 21-23, 2019, in multiple sessions:

  • Interoperability: Technology Convergence and Expanding the Smart Home 
  • Retailer Strategies and Smart Home Merchandising
  • Smart Home: Standalone Devices versus Whole Home Systems
  • Voice: Gateway to Connected Home Use Cases

 Parks Associates Chart Smart Home  

“The smart home ecosystem is crowded with many leading devices, including smart thermostats, networked cameras, smart video doorbells, smart door locks, and smart light bulbs,” said Chris O'Dell, Research Associate, Parks Associates. “As interoperability continues to increase in importance, companies that are vertically aligned or have the right ‘works with’ partnerships will have an advantage among likely buyers.”

Speakers from leading companies will address new strategies creating a seamless experience for consumers, the changes voice has made on the smart home concept, and the impact of standalone devices versus whole system purchases on mass-market adoption.

Avi Barel, Director, Business Development, ULE Alliance

Alex Capecelatro, CEO, Josh.ai

Charles Cheevers, CTO, ARRIS representing Wi-Fi Alliance

Dan DiClerico, Home Expert & Smart Home Strategist, HomeAdvisor

Kristi Ebong, SVP, Strategy and GM, Orbita, Inc.

Aaron Emigh, CEO and Founder, Brilliant

David Friedman, CEO, Ayla

Pete Horton, VP, Market Development, Electrical Wiring Systems Division, Legrand

Linus Lundberg, Google Home + Nest Business Development, Google

Soren Lorentsen, Director, Global Business Development, SmartHome IoT, Silicon Labs

Katelyn Mason, Strategic Partner Development, Google Assistant

Elizabeth Mathes, Director, Smart Home, The Home Depot

Kathleen O'Hara, VP and GM, ServiceLive

Adam Sand, CEO, Shopkick

Matt Swatsky, VP, Residential Mid-Market Business, Lutron

Paul Williams, GM, Product Management & Growth, GE Lighting

CONNECTIONS™will host more than 650 high-level executives in an intimate networking environment and includes a mix of market research, analysis, and industry insight designed to capture the complexity and opportunities in these interconnected markets. 

CONNECTIONS™ sponsors include F-Secure, Alarm.com, Rapid Response Monitoring, Verisk, Amber, AmTrust Specialty Risk, Arlo, Audio Analytic, Ayla Networks, Bitdefender, Cirrent, Firedome, Johnson Controls, Lutron, Mnubo, Oaks Labs, PassiveBolt, Schlage, Support.com, Trusource Labs, ULE Alliance, Universal Electronics, Wi-Charge, Zigbee Alliance, Control4, Flo Technologies, Owlcam, Zen Ecosystems, HP, SAM Seamless Network, HelloTech, Inspire, and Alula.  Connected Car Corner, by InstallerNet, will feature companies with specific solutions and technology for the connected car.  

For more information, visit www.connectionsus.com. To schedule an interview with an analyst or to request specific data, contact Sherrelle Lewis at [email protected], 972-996-0214.

About Parks Associates: Parks Associates, a woman-founded and certified business, is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates provides business intelligence and research services through its proprietary methodologies developed over decades, including quarterly surveys of 10,000 internet households.

The company's expertise crosses many industries: home security and smart home, streaming video, broadband and pay-TV services, digital media and platforms, gaming, Wi-Fi and home networks, connected health, support, consumer electronics, home control systems, energy management, and tech solutions for the multi-dwelling (MDU), small-to-medium business (SMB), and commercial building markets.

Each year, Parks Associates brings thousands of leaders together for its webinars and annual events. The firm hosts the annual executive research and strategy conferences CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. https://www.parksassociates.com
 

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