AI Revolutionizing Smart Home and Security: The Consumer View.. 4
Consumer Adoption: Smart Home Device Owners Lead. 4
Use Cases: Safety, Security, and Management. 5
Willingness to Pay: AI as a Service Layer. 6
Consumer Perceptions: Optimism and Concern. 7
Implications: Building Trust and Differentiation. 8
Industry News & Competitor Moves. 9
Amazon Pulls Sengled Alexa Skill After Numerous Outages. 9
Parks Perspectives: Amazon Takes Action to For User Experience and Reputation. 9
Black Hat Demo Exposes Gemini AI Vulnerability in Google Home Controls. 9
Parks Perspectives: AI Vulnerabilities Point Towards Need for Tighter Security. 9
Sonos Voice Control to Add Philips Hue Integration in 2025. 10
Parks Perspectives: Smart Speakers Important for Future of Smart Home Control 10
Adaptive Insurance Uses Ting’s Grid Data to Automate Power Outage Claims. 10
Parks Perspectives: Whisker Lab’s Partnership with Adaptive Enhances its Position. 11
Duke Energy Expands Energy Efficiency Incentives and Demand Response Programs in South Carolina 11
Parks Perspectives: Incentives Induce DR Participation for Grid Constraints. 11
CSA Releases v1.4.2 of the Matter Standard for Smart Homes. 12
Parks Perspectives: v1.4.2 Furthers Supports the Growth of Matter for Consumers. 12
Latch Rebrands as DOOR, Expanding from Smart Access to Smart Home. 13
Parks Perspectives: Solving for Supply-Side Fragmentation & Renter Expectations. 13
Summary of Market News. 14