Awareness of smart devices is increasing, due in large part to the major marketing efforts and budgets of telecom and cable service providers. Parks Associates research shows that between Q1 and Q4 2014 in U.S. broadband households, the intention to purchase one or more smart home devices increased from 21% to 37%.
While smart product and service adoption is gaining momentum, the value proposition for home services including extended product warranties, insurance policies, and service ...read more
This week, Parks Associates announced that executives from EnergyHub, NRG, and Schneider Electric will be the keynote speakers at the 2016 Smart Energy Summit, taking place February 22-24, 2016 in Austin.
At this annual conference, Parks Associates analysts, media, and industry leaders evaluate new partnerships, strategies for consumer engagement, and deployment plans for energy and management solutions in the connected home.
Consumers are becoming increasingly connected, as are the products in their homes. Utilities and retail energy providers use energy monitoring services to engage customers. Smart product owners and intenders show interest in energy management capabilities, and consumers are increasingly aware of the value of reducing home energy use.
In Q2 2015, 16% of all U.S. broadband households owned one or more smart home devices, many of which offer energy management capabilities and associated ...read more
Smart home products are entering the market via two main paths: smart home product manufacturers and smart home service providers. Manufacturers are adding connectivity to products to provide differentiation and extend the relationship with the consumer. Service providers offer a group of products that work together and can be monitored and controlled from a single app.
However, familiarity with smart home products and services is low. Therefore, manufacturers and service providers must ...read more
Consumers are increasingly connected, mobile, social, and concerned with energy efficiency and cost. More than three-quarters of U.S. broadband households own at least one smartphone, leading a connected life that now includes smart home devices, a part of the movement towards the Internet of Things.
In Q2 2015, nearly 20% of all U.S. broadband households owned one or more more smart home devices. Many of these smart devices offer energy management capabilities and associated value-added ...read more
The market for residential security is expanding. The value proposition for professionally-monitored security service has been extended to include interactive services and home control devices, attracting new subscribers and new competitors.
The entry of telecom and cable operators into the residential security market is not new. Many broadband providers have been offering security services for years with different degrees of success. However, today the growth of the smart home is ...read more
A range of players can potentially gain revenues from deployment of value-added monitoring services. Electric utilities are at the top of this list and need seize the opportunities presented by value-added monitoring services.
Utility service providers can generate additional revenue in a number of ways through deployment of value-added monitoring services. For starters, consumers express a willingness to subscribe directly to such services. Consumers also express a greater willingness ...read more
Icontrol Networks - Parks Associates Premier Program
Prodea - Parks Associates Premier Program
ROC-Connect - Parks Associates Premier Program
Support.com - Parks Associates Premier Program
ULE Alliance - Parks Associates Premier Program
WeatherBug - Earth Networks - Parks Associates Premier Program
Z-Wave Alliance / Sigma Designs - Premier Program Member
Smart Energy Summit
FEB 22-24, 2016 | Austin, Texas
Smart Energy Summit is an annual three-day event hosted by international research firm Parks Associates. The event focuses on the roadmap for the emerging in-home energy management technology market.