Parks Associates and Verisure, a Securitas Direct company, have announced a new whitepaper and upcoming webcast that address growth opportunities for service providers, manufacturers, and technology companies in the European smart home. Parks Associates research finds the number of intelligent screens Western European households are buying each year is steadily increasing, rising from 1.2 intelligent screens per household this year to 1.5 by 2018. Companies will be able to leverage these screens, including smartphones and tablets, to add value to new energy, home controls, and monitoring solutions in the home.
The firms analyze these opportunities in the whitepaper “Outlook for the Smart home in Western Europe,” now available for download, and the webcast “Understanding Revenue Models for Smart home Technologies" on Wednesday, November 6, at 2 p.m. CET (7 a.m. CT U.S.).
The ability to monitor and control a device in the home using a smartphone is groundbreaking, but it is just the beginning, as expanding connectivity and data analytics open up a variety of new features that can be added to everyday products, from smart meters to door locks. Understanding the key value propositions for smart home solutions and how the business models and partnerships will work is critical, and the webcast features a panel of key players in the smart home ecosystem to analyze real deployments of energy and control services.