Smart Thermostats in the Mainstream: Market Dynamics and Consumer Experience. 4
Smart Thermostats Enter the Mainstream.. 4
Competition is High, and Portfolios Growing. 4
Buyer Journey and Purchase Channels Are Fragmented. 5
New Features Create Appeal; Tiered Offerings Reach Multiple Segments. 5
Demand Response Growth is Slow, With Churn and Barriers. 6
Achieving the Next Stage of Growth: Pricing, Features, Integrations, Service. 7
Industry News & Competitor Moves. 9
Nest Aware Price Increase in 2025. 9
Parks Perspectives: Paid Self-Monitoring Price Increases Carry Risks. 9
Belkin to Discontinue Cloud Support for Most Wemo Smart Home Devices. 9
Parks Perspectives: Bricking Devices Impacts Consumers; Interoperability Shows a Way Forward. 9
DJI Launches Power 1000 V2 Portable Power Station. 10
Parks Perspectives: Battery Storage Fills a Critical Role in Solar. 10
Resideo to Spin Off ADI Distribution Business. 10
Parks Perspectives: Resideo and ADI’s Separation Creates Flexibility. 11
IKEA’s New Smart Home Strategy with Matter and Thread Support. 11
Parks Perspectives: IKEA’s Strategy: Simple, Platform-Agnostic. 11
Alarm.com Brings Smart Home Control to Apple CarPlay. 12
Parks Perspectives: Alarm.com Taps into Apple’s User Base. 12
Aqara Launches Multi-Protocol G410 Doorbell Camera Hub Globally. 13
Parks Perspectives: Mult-Protocol Hubs at the Front Door Unlock Functionality. 13
Amazon RBKS Division Links Promotions to AI-Driven Efficiency. 13
Parks Perspectives: AI is A Standard Business Tool 14
Summary of Market News. 14
