Parks Associates: Adoption of smart appliances jumps to 11% of US broadband households

Smart Energy Summit (header image)

January 14, 2020


Parks Associates: Adoption of smart appliances jumps to 11% of US broadband households | #TpromoCom #SmartHome #IoT #Event |  Austin Energy, Bidgely, Johnson Controls, and Parks Associates to keynote 11th annual Smart Energy Summit, featuring consumer trends and new opportunities for utilities and energy providers.

International research firmParks Associates will host the eleventh annual Smart Energy Summit: Engaging the Consumer, February 17-19, 2020, at the Omni Austin Downtown in Austin, Texas, featuring keynotes from Austin Energy, Bidgely, and Johnson Controls. The firm’s Research Director Brad Russell will deliver a research-focused keynote exploring adoption of smart home technologies, new partnerships, and the impact on the energy markets.

At Smart Energy Summit, more than 300 industry leaders from utilities, service providers, manufacturers, and technology companies will participate in panel discussions about the impact of direct consumer participation in energy management and strategies to increase consumer engagement. Event sponsors include FLO, Rapid Response Monitoring, AutoGrid, Bidgely, Copper Labs, Everise, Alarm.com, Sprosty Network, Austin Energy, and Inspire.

Smart Energy Summit keynotes:

Rob Davis, General Manager, Intrusion, Johnson Controls

Abhay Gupta, Founder & CEO, Bidgely

Debbie Kimberly, VP, Customer Energy Solutions & Corporate Communications, Austin Energy

Brad Russell, Research Director, Connected Home, Parks Associates

Parks Associates research finds 11% of US broadband households now own one or more smart major appliances (smart refrigerator, oven, dishwasher, clothes washer, microwave, clothes dryer, standalone A/C unit, or water heater), up from 3% in 2014. Parks Associates also estimates that by 2023, annual US sales of smart plugs will reach 5.7 million, with annual sales revenue of $188 million.

“The smart appliance market has been slow to take off, but it is gaining momentum, thanks to manufacturers such as LG, Maytag, and GE adding advanced capabilities with recognizable value propositions in saving energy, increasing convenience, and enhancing safety,” said Elizabeth Parks, President, Parks Associates. “Smart light bulbs and smart light switches also experienced strong growth in mid-2019. The increased adoption of all these connected products creates new opportunities for utilities and energy providers to expand through partnerships and innovative programs.”

Parks Associates - Smart Appliance consumer research

Parks Associates will also host a pre-show research workshop, “Trends and Opportunities in Residential Energy Management,” on February 17, featuring detailed findings from the firm’s consumer and industry studies on the smart home, IoT, and energy management markets. Recent data from Parks Associates:

  • 29% of US broadband households plan to purchase a smart thermostat in 2020.
  • Consumers bought roughly 5.8 million smart thermostats in 2018, generating $843 million in revenues.
  • Among households planning to buy a smart thermostat that also own a smart speaker, more than 70% consider it important that the smart thermostat they buy is compatible with their smart speaker.

To schedule an interview with an analyst or to request data, please contact Elizabeth Parks at eparks@parksassociates.com, 972-490-1113.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer examines the changing role of utilities and energy providers in the IoT era and offers research and insights on new opportunities to empower consumers with smart solutions to manage and save energy in the home. The conference addresses key questions for energy providers around leadership and alignment of goals between residential energy management solutions and the grid and presents strategies to expand business and revenue goals by incorporating smart products into energy programs.

Smart Energy Summit focuses on identifying opportunities across converging ecosystems to create new value in energy solutions through partnerships that leverage connected devices, energy management, utility services, and home control platforms and services. Research analysts, thought leaders, and industry executives present and discuss business strategies, case studies, partnership opportunities, and consumer research that utilities, service providers, retailers, and manufacturers can use to expand and monetize their energy offerings.

The eleventh annual Smart Energy Summit will take place February 17-19, 2020, at the Omni Austin Hotel Downtown in Austin, Texas. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy20. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2020.com.

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Adoption of connected health devices highlights differences in UK and US

Adoption of connected health devices highlights differences in UK and US | #TpromoCom #Heath #ParksAssociates #IoT | The Parks Associates Consumer Analytics team provides quantitative market intelligence that guides strategic business decisions. 

CONSUMER ANALYTICS NEWSLETTER – ISSUE 64

The Parks Associates Consumer Analytics team provides quantitative market intelligence that guides strategic business decisions.

Adoption of connected health devices highlights differences in UK and US

Devices like digital pedometers, fitness trackers, and GPS sports watches are more common in the UK, while large fitness equipment like treadmills, exercise bikes, and ellipticals that have built-in app support are much more common in the US. Larger US home sizes, with more space for in-home fitness equipment, may explain the gap in adoption. Adoption of other connected health devices are similar across markets. One-third of consumers in the UK report owning at least one connected wellness/fitness device while just 15% report owning a connected medical device, like a Wi-Fi weight scale or blood pressure cuff.

Nearly 50% of consumers in UK broadband households report of having a chronic health condition with obesity, high cholesterol, hypertension, and asthma being the leading conditions. About half of the consumers with a chronic condition in the UK are interested in products and services that would help in managing their condition. Those with a chronic condition show a higher propensity to own a connected medical device and are good targets for remote patient monitoring or a health management program.

 For more information on this topic, see Parks Associates’ IoT in the UK: Consumers and Technology Adoption – Wellness, Telehealth and Independent Living. This study identifies adoption of connected health and personal emergency devices among UK consumers. The research also examines top caregiver pain points, and their willingness to pay for independent living solutions.

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Memoreyes’ Unique Outdoor Video Surveillance Systems are Totally Wireless


Memoreyes’ Unique Outdoor Video Surveillance Systems are Totally Wireless | #Memoreyes #TpromoCom #WiFi #VideoSurveillance | The use of outdoor WiFi is often unreliable. But the engineers behind Memoreyes’ unique outdoor video safety systems have solved this problem, providing reliable, steady wireless connectivity between the Model 360 and 100 camera systems. No wires means no trenching and lower installation fees.

The Camera Housing

  • The Entrance System Housing contains seven cameras and two to three micro-computers.
  • Four cameras document cars as they enter, pass by, and depart; and the other three read license plates, including the detection of vehicles that travel the wrong way through an exit.
  • The All Property System housing is a 12’ tall “candy cane” that houses an HD camera, 2 micro-computers, and the Camera Director System.
  • The system runs on low voltage power (no 120VAC power install requirements), and it wirelessly connects to a NVR (Network Video Recorder) through Ethernet radios.
  • Camera housings are weatherproof, including sun shades and are rated from -20°F to 120°F.
  • Anti-tampering features detect camera-pole shaking, which initiates a local verbal warning through an in-housing speaker. This action also directs other cameras in the vicinity to video the event.

Come and take a look: http://bit.ly/2KKKhEc

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An Outdoor Video Surveillance System that Thinks and Acts Like a Human

An Outdoor Video Surveillance System that Thinks and Acts Like a Human | #Memoreyes #TpromoCom #VideoSurveillance #AI | I’d like to tell you about a new, revolutionary outdoor CCTV product that is like none other. I use the word “revolutionary” because it is just that. It leverages the use of quality Megapixel/HD quality, pan-tilt-zoom cameras with machine learning and an entirely newly developed series of audio, thermal, and radar-oriented sensors. Add to that an AI (Artificial Intelligence)-based learning control platform and you have an almost human-like control system with Big Data analysis. http://bit.ly/2KKKhEc

The focus of this new tech is outdoor protection. It uses thermal, sound, and radar to focus in on moving targets, along with a Smartphone app that stakeholders can use to alert the system when there’s a potential problem of an immediate nature. Cameras automatically  follow targets, which is not entirely new, but that’s just the beginning of the story.

The uniquely developed sensors allow the system to hear, see, and detect what the camera cannot see using a variety of unique sensors that truly makes this system revolutionary. Interaction between this interactive, integrated video surveillance system and stakeholders is audio/visual in nature, further deterring would-be assailants. 

Currently the system operates using a unique machine learning system, but an AI (Artificial Intelligence) processing system is now in the works and will soon be incorporated, giving the system the ability to react with even more speed and intelligence. Through Big Data analysis, over time the system will learn the habits and trends associated with each camera within each specific setting, thus enabling the system to  quickly identify departures from the norm. There’s more. 

I’d like to propose a complementary story on the tech with a short interview with the developer, who happens to be John Collings, the former inventor and developer of Uplink. A sidebar will delve into the advancements in AI and how they will be leveraged to make this new technology a must-have for office complexes, shopping malls, multiple-tenant housing, industrial complexes, chain stores, etc. 

Email us for more information: click here!

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The Hotel Hijackers White Paper

The Hotel Hijackers White Paper | #TpromoCom #Hotel #Hacker #CyberSecurity | From booking a room to the payments made at shops and restaurants, hotel chains have complex networks that save enormous amounts of sensitive and private data, just waiting to be compromised.

This makes the hospitality industry one of the main targets for cybercriminal activity.

Download our whitepaper, The Hotel Hijackers, to understand:

  • Why hotel networks became a target of cybercriminals,
  • A history of attacks on the industry
  • How these types of attacks can be avoided

Download Now

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Sales of connected consumer devices to exceed 520 million units by 2022

Sales of connected consumer devices to exceed 520 million units by 2022 | #TpromoCom #IoT #HomeAutomation #SmartHome | New whitepaper sponsored by Calix details opportunities for service providers to build revenues and brand value in the smart home ecosystem.

PRESS RELEASE
May 21, 2019

New whitepaper sponsored by Calix details opportunities for service providers to build revenues and brand value in the smart home ecosystem

Parks Associates today released the new whitepaper Open for Business: Future Flexibility for Smart Home Services, which forecasts sales of connected consumer devices will exceed 520 million units by 2022, including networked cameras, security systems, and connected health devices. The whitepaper, sponsored by Calix, presents the opportunities emerging from this wealth of residential devices and details strategies for service providers to operate in the smart home market in ways that leverage their strengths while avoiding the pitfalls of past efforts.

“A future-flexible platform is a critical component for success in the IoT because smart strategies represent a long-term investment,” said Brad Russell, Research Director, Connected Home, Parks Associates. “While service providers are in an excellent position to deploy, maintain, and service the smart home, they generally do not want to develop and maintain their own proprietary solution to do so. But the market has matured where vendors are offering new turnkey solutions, and the right long-term partnership enables providers to serve the varied present and future use cases.”

“Service providers need to re-position themselves for growth and gain a foothold in the smart home. The innovators are starting with tools that provide visibility into the home and supporting systems so they can deliver best-in-class whole-home Wi-Fi coverage,” said Michael Weening, EVP of field operations for Calix. “Once the foundational brands and systems are in place-such as those rapidly coming to market from tech giants-it will become increasingly difficult for new entrants to gain any traction. The opportunity is now.”

The whitepaper details consumer interest and willingness to pay for connected home services. Additional research from Open for Business: Future Flexibility for Smart Home Services:

• More than half of professionally monitored subscribers have at least basic interactivity with their security system.

• At the end of 2018, 24% of US broadband households subscribed to professional monitoring.

• 10% of US broadband households own at least one networked camera.

• The majority of consumers 50+ years old are willing to pay $30 per month for an independent living system that has their must-have features, such as fire detection, panic buttons, automatic alerts sent to loved ones, and home security devices to deter intruders.

To download this whitepaper, visit https://parksassociates.com/whitepapers/openforbusiness-wp2019. To schedule an interview with an analyst, contact Sherrelle Lewis at sherrelle.lewis@parksassociates.com, 972-996-0214

About Parks Associates

Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company’s expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Smart Energy Summit: Engaging the Consumer, Connected Health Summit: Engaging Consumers and Future of Video: OTT, Pay TV, and Digital Media.

http://www.parksassociates.com
http://www.connectionsconference.com
http://www.connectionseurope.com
http://www.connectionsindustryinsights.com

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56% of all light vehicles in the US will be actively connected cars by 2022

56% of all light #vehicles in the US will be actively connected #cars by 2022 | #TpromoCom #IoT #Internet | Parks Associates estimates the US will have 169 million actively connected cars by 2022, representing 56% of all light vehicles.

The firm’s 23rd-annual CONNECTIONS™: The Premier Connected Home Conference, May 21-23 at the Hyatt Regency San Francisco Airport, features the Connected Car Corner, by InstallerNet, and a special session on the connected car-smart home crossover to examine the latest innovations in this market area and the opportunities for vendors, manufacturers, and service providers to extend their IoT solutions to the vehicle.

The Connected Car Corner, by InstallerNet, features innovations from Alpine, Owlcam, Reviver, SiriusXM, Support.com, VOXX, and Waylens, among others. Solutions on display include Android Auto and Apple Car Play, dash camera recording, customer lifecycle support, digital key control and license plate, driver scoring, remote engine start, radar detection, GPS navigation, safety and security features, voice activation, WiFi hotspot, and wireless backup camera.

The session “Connected Cars: Extension for the Smart Home” features the following speakers:

  • Brian Brackenbury, Director, Connected Products, Gentex Corporation
  • Jan-Philipp Gehrmann, Director, Head of Automotive Sales & Marketing Silicon Valley, NXP
  • Andy Hodge, CEO, Founder, Owl Cameras Inc.
  • Katie McMahon, VP and GM, SoundHound Inc.
  • Dr. Alan Messer, CTO, Mojio

“From a technology perspective, many of the building blocks are already in-place for cars to connect to the smart home; however, ensuring a simple, intuitive, easy-to-use interface is critical for a non-distracted driving experience,” said Brian Brackenbury, Director, Connected Products, Gentex Corporation. “While voice has made some great strides forward, the automobile environment has factors like road noise, fellow passengers, and noisy kids that don’t always make voice the right choice for a user interface. Aggregating the fragmented services into a simple, one-touch interface, like HomeLink Connect, will ensure the end user gets something they can actually use every day, in all conditions!”

“The interrelationships between our homes, devices, and vehicles are becoming smarter and more seamless,” said Jan-Philipp Gehrmann, Sr. Director, Head of Automotive Sales & Marketing Silicon Valley, NXP. “I look forward to joining the Premier Connected Home Conference to share more about these exciting developments and how new automotive technologies are making transport increasingly autonomous, safer, more environmentally sound, and securely connected.”

“Connected car is what’s next after the connected home. Just like it is in the home, video security is at the heart of what consumers and businesses need for their cars and trucks,” said Andy Hodge, CEO, Founder, Owl Cameras Inc.

“Our burgeoning global population is straining our housing supply worldwide. We must do everything we’re able to avoid a tangential energy crisis, and smart apartment technology is uniquely positioned to do so,” said Felicite Moorman, CEO, STRATIS IoT.

“With the adoption of voice AI technology in connected cars as a top priority in the automotive industry, we’re at a tipping point for leveraging voice across all industries,” said Katie McMahon, VP/GM, SoundHound. “I look forward to telling the story of how integrating voice AI into cars and other Internet of Things devices can vastly improve consumers’ customized experiences, as well as allow companies to maintain their own brands.”

“The smart home ecosystem is expanding rapidly,” said Dr. Alan Messer, CTO, Mojio. “As consumers realize the value of an increasingly connected lifestyle, innovative players like Mojio and Vivint are enabling the next generation of consumer IoT services that unite the capabilities of connected cars and smart homes to unlock enhanced safety, security, and convenience protection for the two most valuable assets – our homes and our cars.”

CONNECTIONS™ will host more than 650 high-level executives in an intimate networking environment and includes a mix of market research, analysis, and industry insight designed to capture the complexity and opportunities in these interconnected markets.

CONNECTIONS™ sponsors include F-Secure, Alarm.com, Rapid Response Monitoring, Verisk, Amber, AmTrust Specialty Risk, Arlo, Audio Analytic, Ayla Networks, Bitdefender, Cirrent, Firedome, Johnson Controls, Lutron, Mnubo, Oaks Labs, PassiveBolt, Redpine Signals, Schlage, Support.com, Trusource Labs, ULE Alliance, Universal Electronics, Wi-Charge, Zigbee Alliance, Control4, Flo Technologies, Owlcam, Zen Ecosystems, HP, SAM Seamless Network, HelloTech, Inspire, and Alula. Connected Car Corner, by InstallerNet, will feature companies with specific solutions and technology for the connected car.

For more information, visit www.connectionsus.com. To schedule an interview with an analyst or to request specific data, contact Sherrelle Lewis at sherrelle.lewis@parksassociates.com, 972-996-0214.

About CONNECTIONS™

Parks Associates’ 23nd-annual CONNECTIONS™: The Premier Connected Home Conference will take place May 21-23, 2019, at the Hyatt Regency San Francisco Airport in San Francisco. CONNECTIONS™ is the premier connected home event hosting more than 650 executives from the connected entertainment, IoT, and smart home industries. For more information, contact sales@parksassociates.com, call 972-490-1113, visit www.connectionsconference.com

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Nine Charged in SIM Hijacking Scheme

SecurityWeek news and information

Nine Charged in SIM #Hijacking Scheme | #TpromoCom #DOJ #Hacker #Hackers | The United States has indicted nine individuals with online identity theft and related charges, the U.S. Department of Justice announced.

Six of the individuals were charged with wire fraud in connection to the hacking group “The Community,” while three former employees of mobile phone providers were charged with wire fraud in relation to the conspiracy.

Charges were brought against Conor Freeman, 20, of Dublin, Ireland; Ricky Handschumacher, 25 of Pasco County, Florida; Colton Jurisic, 20 of, Dubuque, Iowa; Reyad Gafar Abbas, 19, of Rochester, New York; Garrett Endicott, 21, of Warrensburg, Missouri; Ryan Stevenson, 26, of West Haven, Connecticut; Jarratt White, 22 of Tucson, Arizona; Robert Jack, 22 of Tucson, Arizona; and Fendley Joseph, 28, of Murrietta, California.

The defendants are alleged members of “The Community,” a hacking group focused on stealing victims’ identities to perform cryptocurrency theft via “SIM Hijacking.”

To read the remainder of this news article, click here.

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