"smart home" articles

The European smart home market is moving forward, but differences between Europe and the U.S. create unique challenges. In the U.S., adoption of professionally monitored security exceeds 20% of households. Overall, adoption of professional monitoring services in Europe is under 3% of households. In the U.S., the security channel is the leading channel for smart home services. Many telecoms have entered the security market because it has an established market with a proven approach...
Kian Saneii , Founder & CEO, Independa, provided insight on several key industry trends ahead of Parks Associates’ 21st-annual CONNECTIONS™ Conference , which was held May 23-25 at the Hyatt Regency San Francisco Airport: What does the industry need to do to speed up the slow growth of overall smart home adoption? The industry needs three things to speed up the growth of overall smart home adoption: Integration, Affordability, and Simplicity. ...
Leading insurance companies are currently testing various models for integrating smart home services with insurance services in order to deepen customer engagement, mitigate risk, and create new revenue streams. While the insurance industry has historically used data in a backward-looking manner, IoT data streaming from devices in real-time represents an opportunity to quantify risk with greater precision. Parks Associates research indicates a substantial portion of consumers would...
Over the past few years, there has been a lot of conversation among industry players about how to drive adoption of smart home products and services . The smart home market has achieved lower than expected year-over-year growth. And, despite the concerted effort from major technology brands to increase awareness and interest in the smart home, adoption is still primarily among early adopters. At Parks Associates’ 21st-annual CONNECTIONS™: The Premier Connected Home Conference...
The 21st-annual CONNECTIONS™ Conference took place May 23-25, 2017, at the Hyatt Regency San Francisco Airport Hotel. Over 500 executives from smart home, entertainment, health, insurance, and energy markets were in attendance for three days of networking, learning, and Parks Associates' latest consumer research . In the 20+ years that Parks Associates has hosted CONNECTIONS™, the connected home has evolved from a high-end concept toward a mass-market opportunity with...
Dr. Joseph Smith , President and CEO, Reflexion Health, provided insight on several key industry trends ahead of Parks Associates’ 21st-annual CONNECTIONS™ Conference , which will be held May 23-25 at the Hyatt Regency San Francisco Airport: What does the industry need to do to speed up the slow growth of overall smart home adoption? Provide a clear, intuitive value proposition and delight those who purchase and adopt. It is not enough for the home to...
Arrayent Inc. , the leading consumer IoT Platform-as-a-Service, announced today the addition of the IFTTT platform to its growing list of third-party ecosystem integrations. With today’s release of Arrayent’s EcoAdaptor™ for IFTTT, brand manufacturers can now more easily achieve IFTTT interoperability with their products that are connected and managed by the Arrayent platform. Once connected through Arrayent’s EcoAdaptor service, and then submitted to IFTTT and published, brand...
Avner Halperin , CEO, EarlySense, provided insight on several key industry trends ahead of Parks Associates’ 21st-annual CONNECTIONS™ Conference , which will be held May 23-25 at the Hyatt Regency San Francisco Airport: What are the best use cases for consumers and the Internet of Things? One of the most rewarding and exciting developments in the Internet of Things movement is its healthcare applications. Advanced and constantly-improving technology provides users with...

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