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Wednesday, October 22, 2014

Overwhelming Interest in Interoperable Smart Home Products in Europe

New research from Parks Associates this week revealed a growing interest in the Internet of Things in Europe. The firm's primary European study, Emerging Power of IoT in Europe, found that early growth in smart home products and services is significant—11% of broadband households in Spain currently report owning a home control system.

Other research highlights from the study include:

  • 9% of UK and 5% of German broadband households report owning a home control system.
  • 62% of Spanish broadband households are interested in a smart home safety system.
  • 34% of UK broadband households are interested in purchasing a smart home package.
  • 25% of broadband households in the UK, Germany, and Spain find individual smart home devices “very” appealing.

For more information on Parks Associates' European research, click here.

Most notable among the research firm's findings was the fact that European consumers overwhelmingly prefer interoperable systems and devices over stand-alone solutions. Approximately 75% of broadband households in Spain, Germany, and the U.K. prefer smart home systems that interoperate.

Smart home interoperability will be a key topic at this year's CONNECTIONS Europe Conference. Speakers from the ULE Alliance, CameraManager, INSTEON, Z-Wave Alliance, and ZigBee Alliance will join Parks Associates director of research Tom Kerber for the session "Innovations and Interoperability: Competition within the Smart Home," November 19 at 16:15.

For more information on CONNECTIONS Europe sessions, speakers, or sponsorship opportunities, visit www.connectionseurope.com.

Further Reading:

Next: Non-linear video accounts for 49% of the video consumed on TVs
Previous: Webcast: Market Dynamics Driving Success in the Smart Home


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