SecurityWorldMarket

13/10/2022

2023 summit will address rapidly developing smart home market

Addison, Tx

The new Connections Summit at CES organised by research company Park Associates is all set to address the impact of connected products on the rapidly changing connected home landscape.

International research firm Parks Associates has finalised the agenda for the 17th annual Connections Summit: Smart Home Growth Strategies, taking place in Las Vegas on January 5 at the Venetian Conference Room, in cooperation with CES 2023. The annual event features Parks Associates’ analyst team and industry players, with insights on new business models, tech advancements, and the services stemming from connected devices and services in the home.

Parks Associates’ latest consumer survey work of 10,000 internet households shows that 38% of households own at least one smart home device, up 2% from a year ago. Consumers continue to buy connected products. Twenty-seven percent of US internet households report buying a smart home device in the past 12 months, and 44% of households report intentions to purchase a smart home device in the next 12 months.

Connections Summit, sponsored by Connectivity Standards Alliance (CSA), Johnson Controls, Alarm.com, Cooktop Safety, Homebase, Ivani, and Rapid Response Monitoring, brings together leading executives from smart home, connected health, privacy and security, value-added services, and home security industries.

“There is so much to talk about. All channels that develop and deliver smart home products have seen new demand, with rising consumer expectations and new opportunities to deliver an integrated connected experience in the home,” said Chris White, research director, Parks Associates, and cohost of the Connected Consumer Podcast. “We are excited to bring industry leaders together to talk about the advancements in the connected home.”


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