Wednesday, February 27, 2013

Parks Associates: 44% of U.S. broadband households interested in connected appliances with troubleshooting capabilities

Fourth-annual Smart Energy Summit features connected appliance research

Parks Associates announced new connected appliance research today at Smart Energy Summit, showing 44% of U.S. broadband households would allow utilities to manage and monitor their home appliances in order to save money by reducing their energy consumption. The international research firm is hosting the fourth-annual Smart Energy Summit: Engaging the Consumer on February 25-27 in San Antonio, featuring consumer data, analysis, and insights on the residential energy management markets.

"Manufacturers are developing connected appliances to stay competitive in a mature market, where connectivity can differentiate products and add value through remote monitoring, enhanced functionality, and energy savings," said Tom Kerber, Director, Research, Home Controls and Energy, Parks Associates. "Appliance manufacturers LG and Samsung have launched Wi-Fi-enabled appliances, and most major manufacturers are launching new connected products in 2013, which will continue to increase consumer awareness and strengthen the value proposition of connected appliances."

Manufacturers have expanded the capabilities of smart appliances beyond energy management to include new features that enhance control and convenience. This market expansion is important in growing the market, as 44% of U.S. broadband households are highly interested in connected appliances with a smart troubleshooting feature to help resolve problems with the appliance.

Parks Associates - Connected Appliances Research

Smart Energy Summit addresses new energy management services and current efforts to show the value proposition of energy-monitoring solutions. Arrayent, DACOR, Genability, Gridwise Architecture Council, and Technicolor address cloud-enabled home controls solutions and consumer drivers for connected devices during the session “The Role of Cloud-based Services and Connected Appliances in Energy Management” on Wednesday, February 27 at 8:45 a.m.

"Our research shows more consumers value remote monitoring of lights over refrigerators or clothes dryers, likely driven by the mistaken belief that lighting accounts for a large portion of their overall energy consumption," said John Barrett, Director, Consumer Analytics, Parks Associates. "The appeal of energy monitoring for appliances could be boosted by educating consumers about appliance energy consumption, which would ultimately provide more savings to consumers."

Parks Associates' Connected Appliances: Evolution and Uses explores new technologies enabling connected appliances, new communication standards being adopted, and the impact of connectivity on the appliance industry. For more information, visit http://www.parksassociates.com or contact sales@parksassociates.com, 972-490-1113.

Sponsors for Smart Energy Summit include Alarm.com, ecobee, EcoFactor, GreenWave Reality, Hitachi, Lowe's, PlanetEcosystems, Qualcomm, Sigma Designs, AlertMe, IPSO Alliance, and Itron.  CONNECTIONS™: The Premier Connected Home Conference hosts the VIP Dinner January 26 at the County Line BBQ.

Visit http://www.smartenergysummit2013.com or contact 972-490-1113, sales@parksassociates.com for information. Media can register online at http://www.parksassociates.com/ses-presspass.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer addresses the evolution of the consumer utility market, the impact of COVID-19 on energy management programs, and new opportunities to drive engagement in utility-sponsored programs. Virtual panels and networking sessions, featuring executive-level experts from multiple industries, address discuss strategies for utilities, service providers, retailers, software providers, and manufacturers to expand and monetize energy management and other energy-focused offerings through consumer engagement, new business models, unique partnerships, and innovative technologies.

Smart Energy Summit hosts virtual sessions on February 23-24, April 28, August 4, and October 27 in 2021. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy21. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2021.com.
 

About Parks Associates: Parks Associates, a woman-owned and woman-led internationally recognized market research and consulting company, specializes in emerging technology solutions serving the consumer and small to medium business (SMB) markets. Celebrating its 35th year in 2021, Parks Associates is a partner to companies navigating the changing consumer technology landscapes through data-driven market insights, extensive consumer and industry intelligence, custom marketing services, and executive networking experiences and conferences.

The company's expertise includes home automation, control systems and security, digital media and platforms, entertainment and gaming, home networks, internet and video services, connected health and independent living solutions, mobile applications and services, support services, consumer electronics, and energy management solutions.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Connected Health Summit, Smart Energy Summit: Engaging the Consumer, and Future of Video: OTT, Pay TV, and Digital Media. http://www.parksassociates.com

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