Providing Market Intelligence for 40 Years

In The News

How Parks Associates Helped Shape 30 Years of Smart Home Innovation

In a video interview from CONNECTIONS 2026 in the Silicon Valley, Elizabeth Parks reflects on the evolution of the connected home market, the growing role of AI and why the dealer channel still matters in an increasingly automated world.

Parks Associates brought its CONNECTIONS conference back to Santa Clara, Calif., May 4-6, for its 30th anniversary edition, a milestone for a firm that has spent four decades tracking the evolution of the connected home market. From the early days of home networking and automation to today’s AI-powered ecosystems, the annual conference has long served as a gathering point for manufacturers, service providers, dealers and technology executives trying to understand where the market is heading next.

As part of my coverage from the event, I sat down with Elizabeth Parks for a conversation that touched on both the industry’s past and the increasingly complicated future now taking shape around AI, interoperability, cybersecurity and the connected consumer. During the discussion, Parks reflected on how many of today’s smart home conversations mirror ideas the industry was already discussing decades ago — only now with far more sophisticated technology behind them.

Parks said that dynamic places enormous pressure on companies to deliver a strong first experience because consumers who encounter friction early may never move deeper into the category.

We also discussed the growing challenge facing dealers and installers as AI-enabled products and services rapidly enter the market. While Parks acknowledged the pace of innovation may outstrip how quickly many integrators can adapt, she emphasized the importance of manufacturers continuing to support dealer channels through training, programs and workforce development efforts.

Toward the end of the conversation, Parks pointed to cybersecurity and data privacy as areas she believes will become much larger concerns across the connected home landscape in the years ahead, even as AI continues to dominate industry conversations.

Watch the full video interview for more from Elizabeth Parks on the evolution of the smart home market, what still surprises her after three decades of research and where she believes the industry is heading next.

From the article, "How Parks Associates Helped Shape 30 Years of Smart Home Innovation" by Rodney Bosch

Previously In The News

Total Number Of IoT Devices To Reach 46 Billion By 2021: Research

"Online giants have the scale and technology to take risks in new areas of innovation," said Parks Associates. "In some cases, these innovations are transforming whole sectors of the connected home."...

The Top Retailers in Home Entertainment 2019: The Golden 12

Amazon also offers transactional (both purchase and rental) and subscription streaming through Amazon Prime Video, continuing to forge partnerships with cablers such as Cox, which added the service to...

Is The Increasingly Crowded Streaming Marketplace Going to Turn Consumers Back to Piracy?

In the short term, consumers are more than happy to keep paying for multiple services. According to a report published by Parks Associates in June 2021, 46 percent of US homes with broadband-level Int...

Parks: Live-Streamed Video Consumption Increases to 40% Among Internet Households

New data from Parks Associates found that 40% of internet households live-streamed content over the past 90 days. The Dallas-based research firm found that live-streamed video consumption reached near...