#United States #Smart Home #Santa Clara #Parks Associates #CONNECTIONS

Parks Associates' 30th CONNECTIONS Conference - A Landmark Event for Connected Home Industry

Parks Associates, a prominent market research and consulting organization, is all set to celebrate the 30th edition of its illustrious CONNECTIONS™ conference from May 5-7 at the Hyatt Regency in Santa Clara, California. This noteworthy event will gather industry leaders and innovators to explore the transformative impact of AI, smart energy solutions, home security, broadband advancements, insurance, and the future of connected living.

A Gathering of the Best in the Industry

The CONNECTIONS™ conference has earned its reputation as a key platform for discussing the dynamics of the connected home ecosystem. This year, the conference will bring together renowned speakers, sponsors, and participants representing various sectors of the burgeoning home automation market. With nearly half of U.S. internet households now owning at least one smart home device, the conference aims to address the fundamental challenges and opportunities in this swiftly evolving landscape.

Mindi Sue Sternblitz-Rubenstein, Vice President of Research at Parks Associates, expressed her excitement, stating, "It is a privilege to unite industry leaders for such a significant milestone. CONNECTIONS™ has become a benchmark of excellence, drawing attendees from across the full spectrum of the connected home value chain—from product leaders to technology visionaries."

The Rise of Smart Home Devices

The latest research from Parks Associates shows a remarkable trend in consumer adoption of connected home devices. Data reveals that 49% of U.S. internet households now have smart home products. Moreover, 30% of these households have acquired new devices in the past year alone. This growth is fueled by various factors, including cost considerations, with a striking 21% of consumers postponing purchases due to anticipated price fluctuations.

Key findings also show Amazon Alexa leading the smart home platform with a commanding 32% market share, followed by Google Assistant at 14%. These insights underscore the competitive nature of the market, which has intensified as new players continue to enter the fray.

Key Topics and Speakers

The CONNECTIONS™ conference is packed with strategic discussions across multiple pivotal topics:

• - AI-Powered Smart Living
• - Connected Energy Ecosystems
• - Security and Privacy Challenges
• - Monetization Strategies in the Connected Market
• - Broadband and Connectivity Developments

A notable lineup of featured speakers includes:

• - Ben Berg, Product Manager at Alarm.com, discussing integrated services in home automation.
• - Robin Crawford, Chief Business Development Officer at Origin AI, presenting on AI-driven ecosystems.
• - Colin Cureton, Product Line VP at Silicon Labs, will address innovations in reliable wireless communication for smart homes.
• - Tim Eskew, Product Director at Allegion, will share insights on leading connected home hardware and partnerships.
• - John Grady, CEO of Ayla Networks, focusing on platform-based connectivity in IoT integration.
• - Morgan Hertel, VP of Technology Innovation at Rapid Response Monitoring, will explore the evolution of security services in the connected age.
• - And many more influential executives who are spearheading change within their respective sectors.

An Event to Remember

As the connected home arena evolves, Parks Associates intends to harness the collective knowledge of industry leaders and provide invaluable insights for present and future trends. This year’s CONNECTIONS™ promises not just a look into innovations but also a collaborative space for fostering partnerships across sectors. The energy is palpable as technology continues to shape consumer lifestyles, and the conference stands as a testament to this progress.

For anyone looking to understand the trajectory of connected living and network with respected figures in the industry, the 30th CONNECTIONS™ conference is an unmissable opportunity. Registration is currently open, and participants can find further information on how to attend or sponsor this hallmark event by reaching out to Parks Associates.

With such a diverse range of topics and a vibrant audience, CONNECTIONS™ represents a pivotal junction for those passionate about the future of smart homes and connected technology.