Parks Associates research reports 92% of US households now have broadband at home. There has been steady growth in smart home and security adoption over the years as US internet households accumulate more connected devices through an increasingly diverse list of channels, from retail to service bundles to dealers/installers.
The research firm will host the 18th annual CONNECTIONS Summit: Performance and Profits: Smart Home Strategies at CES on January 9, 2024, at the Venetian, Level 4, Marcello 4404 from 9:00 AM- 5:00 PM in Las Vegas. CONNECTIONS Summit features the firm’s latest research on the connected home, along with insights from leading technology and service companies.
CONNECTIONS Summit sponsors include leading companies in the connected home industry:
- SmartThings – Diamond Sponsor
- Cox Communities – Reception Sponsor
- Ivani – Platinum Sensing Platform Sponsor
- Kaadas Smart Locks – Platinum Smart Lock Sponsor
- Shelly – Platinum Energy Management Sponsor
- SkyBell – Platinum Video Doorbell Sponsor
- Ubiety Technologies – Platinum Presence Detection AI Sponsor
- Alarm.com — Platinum Sponsor
- Homebase – Platinum Sponsor
Event Sponsors
- AIG (American International Group)
- Calix
- Nice
- Origin
- Universal Electronics
“Consumers’ lives practically revolve around the internet and connected devices, and in all residence types, safety leads smart home product use cases,” said Mindi Sue Sternblitz-Rubenstein, VP, Marketing, Parks Associates. “Many consumers are also interested in convenience and automation and rate valuable benefits of smart home devices around monitoring, notifications, automation, and remote controls.”
Parks Associates data shows that when asked the benefits of smart home devices, 61% of US internet households rate monitoring activity outside their door as valuable or highly valuable. Safety and security benefits, alongside entertainment, continue to drive the adoption of connected devices:
- 42% of US internet households own at least one smart home device
- 66% own a smart TV
- 20% own a video doorbell
- 17% own a smart thermostat
CONNECTIONS Summit features six executive sessions and a fireside chat on “Smart Home Innovations” with Mark Benson, Head of Samsung SmartThings U.S., Samsung SmartThings. CONNECTIONS Summit concludes with a networking reception sponsored by Cox Communities.
Speakers:
- Jacob Alamat, SVP, Home and Life, Silicon Labs, Inc.,
- Greg Baldauf, Director, SmartLife & Cloud Partnerships, Calix
- Mark Benson, Head of Samsung SmartThings U.S. Samsung, SmartThings
- Kurt Busch, CEO, Syntiant
- John Butrim, VP Multifamily, HOA & Builder, ADT Multifamily
- Naveen Chhangani, SVP & Chief Product Officer, ADT
- Jonathan Coffey, VP of Products, SmartRent
- Nick English, CEO North America, Kaadas
- Shira Gershoni, VP, Product, Asurion
- Nancy Goldberg, CMO and EVP, NAGRA
- Arsham Hatambeiki, SVP Product & Technology, Universal Electronics Inc.
- Wolfgang Kirsch, CEO, Shelly
- Lily Knowles, SVP Sales, Marketing and Customer Care, Arlo Technologies, Inc.
- Jennifer Lytle, VP and GM, Commercial Emerging Business, Chamberlain Group
- Desiree Mejia, Chief Operating Officer, SkyBell
- Blake Miller, Founder, Homebase; Chief Product Officer, Quext
- Linsey Miller, SVP Business Development & Services, Resideo
- Michelle Mindala-Freeman, EVP, Connectivity Standards Alliance (CSA)
- Tony Nicolaidis, Chief Commercial Officer, Origin
- Jim Nye, Chief Product Officer, Vivint
- Richard Plummer, Senior Director, Home Services, AIG
- Aaron Pollack, CMO, Rachio
- Keith Puckett, Founder and CEO, Ubiety
- Vickie Rodgers, VP and GM, Cox Communities, Cox Communications
- Kate Rojas, Head of Marketing, Pepper
- Laura Tajima, Senior Director of Strategic Partnerships, Uplight
- Vikram Venkatasubramanian, Founder and CEO, Nandi Security
- Will West, CEO & Founder, OliverIQ
- Paul Williams, Managing Director of Home Management Business Unit, Nice
- Matthew Wootton, Co-Founder and CTO, Ivani, LLC
For more information or to register, visit the CES site or contact Mindi Sue at mindi.sue@Parksassociates.com.
About CONNECTIONS Summit at CES
The 18th annual CONNECTIONS Summit is hosted in Las Vegas on January 9 by international research firm Parks Associates, in partnership with CES 2024. The executive event features senior executive leaders from the broadband, security and smart home, consumer electronic, and connected health solution markets to share insights on the future of connected homes.
Discussion (3 replies)
Join Discussion →Too bad the US still defines broadband as 25d/3u, and allows plans with low caps to qualify.
Exactly the point I was going to make. It's easy to have proliferation when you make it so any freaking cellphone that's still in service can meet the target.
I can see it now.
Cabinet: So we've gotten 92% of our customers on broadband. Was it expensive?
FCC: Well...
Cabinet: What do you mean Well. We DID achieve the target right?
FCC: Yep. Target met .
Cabinet: Something doesn't seem right here. How much did it cost for the rollout of lines and all of that? New infrastructure. We funded like 65 billion at the federal level, states did their own, to help make this happen and offset costs.
FCC: Well you see...
Cabinet: Ok what the fuck happened then?
FCC: We more or less gave out all of the money... but it wasn't going to happen.
Cabinet: Why not?
FCC: Well our buddies in the Telcom and communications industries needed to do some Chirstmas shopping.
Cabinet: So we gave away tens of billions of dollars... and you're telling me that they didn't use it for infrastructure to have wider proliferation of good broadband services.
FCC: Well... yea I guess I am.
Cabinet: So HOW did you manage to help America achieve 92% of broadband proliferation?
FCC: Oh that's easy... we lowered the bar so someone with a better than 3g phone would be considered as having broadband wherever they were. Then we figured out that over 92% of homes in the US have a functional cell phone... and we hence met our target.
Cabinet: See and they thought 25megabit was too much! Lets go snort some coke off of boy hooker backs and then kick out that senator who sent his bulge picture to a 23 year old!
FCC: Sounds like a plan to me!
Yeah - telecoms took the money, upgraded places that already had a fast ISP with fiber and such so they can upsell.
In the mean time, rural areas get... Hughesnet, Verizon, and Starlink. (and they all got their share of the funding as well)