LAS VEGAS, NV — (Marketwired) — 01/05/17 — Parks Associates announced new research today from a Q4 2016 nationwide survey, featured in the upcoming , showing 26% of U.S. broadband households now own a smart home device, up from 19% at the end of 2015. The research firm hosts today, the first day of CES® 2017, featuring new research on consumer engagement with IoT solutions combined with strategic insights to drive mainstream adoption of smart home products and services.
takes place January 5, 2017, at the Venetian, Level 4, Marcello 4405, in Las Vegas, featuring over 35 industry executives in six sessions on smart home adoption and usage, demand for new features, privacy and security issues, and crossover opportunities with connected health, energy management, and connected entertainment:
Creating New Value in the Connected Home: Integration, Partnerships, and Privacy
IoT Crossover: Smart Home, Entertainment, Appliances, Cars, and Energy
The Role of Connected Health Services in the Smart Home
IoT and Smart Home: Seamless Interoperability
IoT: Support Services and Managing the Experience
IoT and Smart Home: Changing Business Models
The one-day Summit concludes with a Networking Reception, sponsored by Homematic IP. include Homematic IP, Vivint Smart Home, Alarm.com, Arrayent, Audio Analytic, Carrier, Cirrent, EVRYTHNG, Galaxywind, Greenwave Systems, Hampton Products, Icontrol Networks, NXP, ROC-Connect, Support.com, Sutherland Global Services, TROVE, and Whisker Labs.
“In the last two years, smart home device ownership has more than doubled, and we estimate companies will sell almost 55 million smart home devices in 2020,” said , President, Parks Associates. “With adoption now over one-fourth of all U.S. broadband households, smart home companies are focused on expanding their product footprint, offering new value propositions to consumers, and creating new opportunities to monetize their IoT platforms. We appreciate the support from our speakers and event sponsors and look forward to a successful CONNECTIONS Summit as we examine new strategies to cross the chasm for the smart home.”
“There–s not likely to be any silver bullet for the connected consumer market driving the smart home market in the next year but rather the gradual refinement and awareness of value propositions that really matter to mass-market consumers (e.g., security, savings, convenience) along with the support, marketing, and service infrastructure to drive mainstream adoption,” said , SVP and GM, Secure Monitoring & Control / Internet of Things, NXP Semiconductors.
“From a consumer perspective, voice control is the biggest technology innovation impacting the connected home market,” said , Executive Vice President and CTO, eQ-3 AG. “In terms of development of the smart home industry, we see the advent of IPv6 as the dominating device protocol forming the universal standard based on a next-generation radio technology as at least equally important.”
“We need to give consumers choice to control their home in the way that–s most convenient for them in the moment — whether it–s a few taps on their mobile, using their TV remote with voice commands, or via their web browser,” said , SVP & GM, Xfinity Home, Comcast. “At Comcast, we added voice control to our smart home platform last summer. We suspect voice will be one of the interfaces to help drive sales and innovation in 2017 as natural language and AI move more fully into the smart home market.”
“Consumers are making decisions about which smart home solutions to purchase based on the value the services will add to their daily life and compatibility with their current devices and anchor services (i.e., home security, wireless, broadband, pay TV),” said , VP, Broadband and Mobility Business, OnProcess Technology. “As sales of connected products steadily increase, consumers will require support across multiple products. There is an opportunity to bring sense to it all through technology, IoT-enabled analytics, and targeted managed support services that focus on fulfilling the customers– needs without creating unnecessary effort for the customer.”
“Wi-Fi–s emergence as the consumer–s communications platform of choice for the connected home has done as much as anything to advance this industry and put it in position to become pervasive and potentially game changing,” said , Founder, TROVE Predictive Data Science. “The other technology that will be truly transformative in the smart home arena — a technology that is often under the radar in this type of discussion — is data analytics, specifically predictive data analytics. Predictive data analytics doesn–t make a smart device work, but it will have an incredible impact on how vendors get the right smart devices and systems into the hands of customers that will want them, will use them, and will pay for them.”
Event Speakers include:
A&D Medical – Terry Duesterhoeft, President and CEO
Alarm.com – Lainie Muller, Director, Wellness
American Family Ventures – Dan Reed, Managing Director
Arrayent Inc. – William Oget, VP Engineering
Audio Analytic – Chris Mitchell, Founder & CEO
Care Angel – Wolf Shlagman, CEO, Founder & Chief Angel
Carrier – Matthew Pine, Vice President, Marketing
Cirrent – Rob Conant, CEO
Comcast – Daniel Herscovici, SVP & GM, Xfinity Home
Dixons Carphone – Dave Ward, Head of New Technology, Innovation & Connected Home
eQ-3 AG – Bernd Grohmann, Executive Vice President and CTO
Ericsson – Pierre Fitzgerald, Global Energy & Utilities Industry Lead
EVRYTHNG, Inc. – Curt Schacker, SVP, Smart Home
F-Secure Corporation – Kristian Järnefelt, EVP Consumer Security
Galaxywind Network Systems Co., Ltd. – Chester Chen, Director of International Market
General Motors – Nick Pudar, Director GM Strategic Initiatives
Greenwave Systems – Jim Hunter, Chief Scientist and Technology Evangelist
Icontrol Networks – Letha McLaren, Chief Marketing Officer
Independa – Kian Saneii, Founder and CEO
Nest Labs – François Girodolle, Head of European Developer Relations
NXP Semiconductors – Asit Goel, SVP and GM, Secure Monitoring & Control / Internet of Things
OnProcess Technology – Karen Kosh, Vice President, Broadband and Mobility Business
Philips – Liat Ben-Zur, Senior Vice-President and Digital Technology Leader
Qualcomm – Joseph Bousaba, Vice President, Smart Home & Consumer Businesses
ROC-Connect – Kevin Meagher, SVP Business Development
Samsung Electronics America – Bill Lee, Vice President of Smart Home Product Marketing
Sears Holdings Corporation – Chris McGugan, General Manager, Innovation and Kenmore
Support.com – Chris Koverman, VP of Product & Engineering
Sutherland Global Services -Ratul Sengupta, Vice President, Client Engagement
Target – Gene Han, Vice President- Consumer IoT, Head of SF Innovation Office
Thread Group – Grant Erickson, President
TROVE – Isaias Sudit, Founder
Vivint Smart Home – Alex Dunn, President
Vodafone – Erik Kling, Vice President, IoT New Business Development
Whisker Labs – Bob Marshall, CEO
include Platinum Supporter Internet of Things Consortium and supporters Antenna Group, Appliance DESIGN Magazine, B2 Group, BayPay Forum, Best Web Design Agencies, bestseos.com, Cablefax, CIOReview, Conference Guru, CrowdReviews, Fiber-to-the-Home (FTTH) Council, FierceCable, FierceMobileIT, FierceOnlineVideo, FierceTelecom, FierceWireless, HomeGrid Forum, IPSO Alliance, MoCA, Open Connectivity Foundation, PharmaVOICE, SmartGridSpain, TelcoProfessionals, Thread Group, TopSEOs.com, and Visibility Magazine.
To register for CONNECTIONS Summit, visit . To schedule an interview with an analyst or to request specific research data, please contact Holly Sprague at .
For more information on Parks Associates research or events, visit , or contact , 972-490-1113. Parks Associates will be at Booth #41073 in Sands A-D throughout CES 2017.
is an annual research and industry event hosted by international research firm Parks Associates at CES in Las Vegas. The executive event features one day of panel discussions on the smart home, Internet of Things (IoT), and connected entertainment, with trends and implications for connected consumers and opportunities for companies to build new revenues and innovative business models. The 2017 CONNECTIONS Summit will take place January 5 during CES, which runs January 5-8 in Las Vegas. Follow the event on Twitter at @CONN_Summit.
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Holly Sprague
Parks Associates
720.987.6614
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