US Lighting Trends

 

Connections 400x275May 10, 2022

The proptech, energy, home security, broadband and connected health industries will converge next week in Frisco, Texas at the annual CONNECTIONS™: The Premier Connected Home Conference at the Omni Frisco Hotel.

Hosted by Parks Associates, the 26th annual CONNECTIONS conference, held May 17-19, will feature sessions on the future of the connected home, including the rise of home subscriptions services, interoperability achievements through industry initiatives such as Matter, and partnerships between converging ecosystem players.

Parks Associates research indicates American internet households have an average of 16 connected devices and annual spending across home phone, internet, mobile, security, and video services, including pay TV and OTT of $340 billion.

“The market is substantial. Forty-three percent of U.S. internet households have stated strong intentions to purchase a smart home device,” said Elizabeth Parks, President & CMO of Parks Associates. “These trends introduce both new first-time users and multi-device smart homes that are seeking a unified experience. We look forward to sharing more from our library of research tracking the consumer buyer journey for technology solutions.”

On Tuesday, May 17, Parks Associates will host its pre-show research workshop, Quantifying Technology across the Home, featuring insights from its industry research and quarterly research of 10,000 American internet households.

During the workshop, the industry roundtable “Distribution Channels: Moving Beyond Early Adoption” features executives from IOTAS, Rutestock, CamerEye, Doorbell Ninja, and Kraftful. A special session, “Getting Technical: AI, ML, and Sensor-based Technology,” moderated by Stacey Higginbotham, Founder, Stacey on IoT, features panelists from panelists from Vutility, Sentry AI, Johnson Controls, and Silicon Labs.

CONNECTIONS™ is sponsored by Alarm.com, Calix, Cox Communities, F-Secure, Homebase, Plume, Airties, Bitdefender, Johnson Controls, Nice, Notion, Rapid Response Monitoring, Resideo, Schneider Electric, STRATIS®, AmTrust Specialty Risk, Gadgeon, Ivani, Midea, Cooktop Safety, Iris® Powered by Generali, and Assurant.

 

Here is a peek at the Conference sessions:

 

May 17  WELCOME TO CONNECTIONS™ – Technology as a Fourth Utility: Modern Living

Services, Choice, and Trust – Consumers and Modern Living

Special Session—Home Network: Foundation of the Smart Home

 

May 18  Building the Whole Connected Home

Life Stages and the Role of Technology

Bringing New Value: Growing Role of Smart Home Platforms

Paradigm Shift: Smart Home and the Future of Energy

New Era of Home Security

Insurance and Smart Products: Fire and Water Solutions

Protecting Consumers at Home: Security and Privacy Matters

Business Model Innovations in the Smart Home

Special Session: Seniors, Caregivers, and Tech Services: A Growing Opportunity

Connected Entertainment and Smart Home: Whole-Home Experiences

 

May 19  Expanding and Scaling the Market

Eye on Growth: Channels and New Markets

Channel Strategies for Smart Home: Where’s the Growth

Smart Apartments: Broadband, Platforms, and Value

Fireside Chat: Home Builders Adding Value through Tech

Health and Wellness Solutions: Expanding the Market

Funding the Smart Home: View from the Industry

To register, click here  

SmartDevices 400x275

 

 Electrical distributors and lighting showrooms that offer smart home devices need to emphasize their expertise not only as a revenue stream, but also to create the type of customer service that engenders loyalty.

 

 Learn More HERE

  

 

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