CES 2022 Highlights: Research & Innovation

Our team felt the excitement last week at CES. Like any event, we diligently planned for months – our speakers, the content, and the delivery of the research were top of mind as we worked towards our first hosted in-person event since we had to move to a virtual schedule in March 2020. The last event we hosted was our annual Smart Energy Summit in Austin Texas in 2020.

Despite all sorts of challenges, our team stayed committed to attending CES and hosting our 16th annual CONNECTIONS Summit. It was a huge SUCCESS! The event, sponsored by Cox Communities, Alarm.com, Cooktop Safety, EarlySense, Essence, GE Lighting, Homebase, Johnson Controls, Masonite, Notion, and Zen Ecosystems, addressed privacy and security issues, UI preferences, growth in the multifamily space, interoperability efforts, including the new initiative Matter, and the blurred lines between smart home and security solutions.

We brought hundreds of industry leaders back together again to talk about the latest technology, partnerships, announcements, and what will be the next stage of growth for the connected home. It's going to be a great year for consumer technology.

There were tons of major impactful announcements — it’s hard to note them all but thought I would try to highlight some here. The themes throughout CES and for the year 2022 are all about connectivity, integration, interoperability, sustainability, and digital transformation.

Below includes a compiled list of Parks Associates top-line data we have released and a big list of what I thought was interesting at the show. We can’t wait for all that 2022 brings!

Parks Associates Research Top Data Highlights

70% of US broadband households own at least one streaming video product connected to the internet

41% of US broadband households have a streaming media player

Two-thirds of US broadband households feel it is impossible to keep their data completely secure

Purchase rate for most major smart appliances is approximately 5%

Adoption of smart home devices has reached 36% of all broadband households

Sixty-four percent of broadband households are interested in being a single-brand household for their smart home experience, according to Parks Associates

43% of US broadband households with children at home are very worried about them falling behind in school

During the COVID-19 pandemic, 29% of US seniors ages 65 and older have used video conferencing services, 27% have used telehealth/remote consultation services, 22% have used a grocery store delivery or pick-up service, and 55% have an online video service subscription.

41% of US broadband households have a streaming media player

38% US broadband households have a gaming console

36% of US broadband households subscribe to or are trialing a video gaming service

31% of US broadband households or 30+ million households use free ad-based OTT services

50% of Cord-Cutters cite the high cost of traditional pay-TV services as the reason to cancel the service

Ten percent of US broadband households own a smart sleep product, such as smart mattresses and stand-alone sleep monitors

Use of telehealth services increased from 15% in 2019 to 64% in 2021

CES 2022 NEWS ANNOUNCEMENTS

Independa to Deliver Health Offerings on LG Consumer TVs

https://independa.com/independa-to-deliver-health-offerings-on-lg-consumer-tvs/

AT&T and Smart Meter Improve Remote Patient Monitoring

https://about.att.com/aboutus/pressrelease/2022/smart-meter.html

CES 2022: Abbott Labs Keynote

https://www.linkedin.com/video/live/urn:li:ugcPost:6884897690317053952/

Garmin launches the Venu 2 Plus and Vivomove Sport at CES 2022

https://www.digitaltrends.com/mobile/garmin-launches-the-venu-2-plus-and-the-vivomove-sport-at-ces-2022/

Sengled's Smart Health Monitoring Lights monitor your vitals, including sleep and heartrate

https://www.techradar.com/news/these-smart-lights-know-when-you-fall-down-and-by-gosh-theyll-do-something-about-it

The Eufy Security Video Doorbell Dual Has Two Cameras To Record Visitors And Packages At The Same Time

https://newsconcerns.com/the-eufy-security-video-doorbell-dual-has-two-cameras-to-record-visitors-and-packages-at-the-same-time/

Leading Global Manufacturers Form Home Connectivity Alliance to Foster Innovation and Provide Consumers With Safe, Interoperable Appliances in Their Connected Home

https://www.businesswire.com/news/home/20220104006061/en/Leading-Global-Manufacturers-Form-Home-Connectivity-Alliance-to-Foster-Innovation-and-Provide-Consumers-With-Safe-Interoperable-Appliances-in-Their-Connected-Home

Arlo Announces its Support for Matter to help Develop More Seamlessly Interoperable Smart Home Devices

https://eftm.com/2022/01/arlo-announces-its-support-for-matter-to-help-develop-more-seamlessly-interoperable-smart-home-devices-220376

Netatmo announces its first Matter product: the Smart Security Sensor

https://www.youtube.com/watch?v=4jbFqUP8e9w

Ampere's Bluetooth shower speaker is powered entirely by water

https://www.cnet.com/home/smart-home/amperes-bluetooth-shower-speaker-is-powered-entirely-by-water/

BMW’s new iX Flow concept car can change colors

https://www.cnbc.com/2022/01/07/bmws-new-ix-flow-concept-car-can-change-colors.html

Essence SmartCare to Showcase Umbrella™, World's First 5G-Enabled mPERS Solution, at CES 2022

https://www.prnewswire.com/news-releases/essence-smartcare-to-showcase-umbrella-worlds-first-5g-enabled-mpers-solution-at-ces-2022-301449959.html

The M-Pwr Smart Door is hardwired to the home and has a Ring video doorbell and Yale smart lock built in