Parks Associates: 63% of Security System Households own a Smart Home Device

DALLAS, Dec. 13, 2018 /PRNewswire/ -- Parks Associates research shows a strong connection between home security and smart home adoption—more than one-fourth of U.S. broadband households own a smart home device, while 63% of security system households own a smart home device. The international research firm will address how the smart home technology is creating opportunities for various industries and new services at the 13th-annual CONNECTIONS™ Summit: IoT and the Smart Home on January 8 at CES® 2019 in Las Vegas, which concludes with a networking reception, sponsored by Homematic IP.

CONNECTIONS™ Summit features multiple sessions examining mass-market business strategies, partnership opportunities, the impact of voice on the user experience, and advances in AI and data analytics. CONNECTIONS™ Summit sponsors include Alarm.com, Asurion, Cirrent, F-Secure, Hive Home, Homematic IP, Inspire, Johnson Controls, Minim, ROC-Connect, and Trusource Labs.

The special session Home Security and the Smart Home, January 8 at 10:15 a.m., will highlight opportunities and challenges in the smart home and residential security industry. Tom Kerber, Director, IoT Strategy, Parks Associates, will moderate the session.

Speakers for the session include:

• Bernd Grohmann, EVP, eQ-3
• Mike Harris, President, Ring Solutions, Ring, an Amazon Company

The special session Building a Smarter Home: Trends in Homebuilding and Energy Services, January 8 at 1:15 p.m., will address some of the trends in homebuilding and energy services that are transforming the home of the future. Brad Russell, Director, Connected Home Research, Parks Associates, will moderate the session.

Speakers for the session include:

• David Kaiserman, President, Lennar Ventures, Lennar
• Patrick Maloney, CEO & Founder, Inspire

"When it comes to smart home technology, starting from a blank canvas such as a new home provides limitless opportunities in envisioning a wireless world with an array of devices that can continue to evolve," said David Kaiserman, President, Lennar Ventures. "We look forward to participating in a dynamic session delving into trends in smart homes and energy services and exploring how developing cross-industry partnerships can drive the integration of IoT solutions and enhance the customer experience."

CONNECTIONS™ Summit at CES is a one-day executive summit that focuses on the best business models and value propositions in the Internet of Things (IoT), the smart home, and connected and mobile CE and services. The event includes six executive sessions, two special presentations, and a networking reception, sponsored by Homematic IP, on January 8, the opening day of CES.

For more information on Parks Associates research or events, visit www.parksassociates.com, or contact [email protected], 972-490-1113. To schedule an interview with an analyst or to request specific research data, please contact Julia Homier at [email protected].

About CONNECTIONS™ Summit at CES
CONNECTIONS™ Summit at CES is an annual research and industry event hosted by international research firm Parks Associates at CES in Las Vegas. The executive event features one day of panel discussions on the smart home, Internet of Things (IoT), and connected entertainment, with trends and implications for connected consumers and opportunities for companies to build new revenues and innovative business models.

The 2019 CONNECTIONS™ Summit will take place January 8 during CES, which runs January 8-11 in Las Vegas. During CES, visit Parks Associates at Booth # 42,953 in the Sands Hall. Follow the event on Twitter at @CONN_Summit. http//www.connectionssummit.com

Contact:

Julia Homier
Parks Associates
972.996.0214
[email protected]

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SOURCE Parks Associates