CONNECTIONS™: The Premier Connected Home Conference Features Industry-Leading Companies Including Comcast, Fing, Google, Intel, LeakSentinel, SimpliSafe, Samsung, T-Mobile, and More

Parks Associates reports smart thermostat ownership has more than doubled in three years

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Apr 17, 2018, 08:45 ET

DALLAS, April 17, 2018 /PRNewswire/ -- Recent Parks Associates research shows that smart thermostat ownership has more than doubled in recent years, from 5% in 2014 to 13% in 2017. The firm's 360 View: Energy Management, Smart Home, & Energy Providers reports purchase intention rates have also doubled in the same time period.

"Approximately 63% of the thermostats purchased in the last year were smart thermostats," said Elizabeth Parks, SVP, Parks Associates. "It has proven to be a hero device for smart home sales, but perceptions of value and affordability are still a concern, as prices of smart thermostats vary considerably. Nest and ecobee have introduced lower cost models, but smart thermostats priced at $200 or more are still driving 43% of volume. The average price consumers paid for a smart thermostat is $175, which is 75% greater than the average price paid for all thermostats."

The consumer IoT research firm's 22^nd-annual CONNECTIONS™: The Premier Connected Home Conference, May 22-24 in San Francisco, will include the following keynotes:

Dr. Melissa Gregg, Director, Research, Intel Smart Home, Intel
Yoon Lee, SVP, Head, Product Innovation Team and Head, Content Services, Samsung
Miles Kingston, GM, Smart Home Group, Intel
Patti Loyack, VP, IP Services, Comcast Cable
Mark Spates, Product Lead, Smart Home, Google
Balaji Sridharan, VP, IoT & M2M, T-Mobile

Speakers include:

Eric Adler, CEO, Flume
Asaf Ashkenazi, VP, Internet of the Things Security Products, Rambus
Yossi Atias, GM IoT Security, BullGuard Israel Ltd
Marcio Avillez, SVP Networks, CUJO
Ran Baror, VP Consumer Business, eyeSight Technologies
Christopher Baskin, CEO, American Two-Way
Autumn Braswell, COO, iQor
Rob Conant, CEO, Cirrent
Richard Culberson, Executive Director, Home Security & Smart Home Operations, Cox Communications
Jason Dudley, Senior Planning Analyst, Salt River Project
Larry Folsom, President and CEO, I-View Now
Dylan Gale, Principal, Comcast Ventures
Monika Gupta, EVP Sales, Marketing and Product, Cognitive Systems
Mike Hackett, Co-founder and SVP, Qolsys
Ted Haeger, VP, Training & Support, Control4
Yuval Harry, Head, Partnerships, Hippo Insurance
Morgan Hertel, VP, Technology & Innovation, Rapid Response Monitoring
Jim Hunter, Chief Scientist and Technology Evangelist, Greenwave Systems
Len Jordan, Managing Director, Madrona Venture Group
Chad Laurans, Founder and CEO, SimpliSafe
Joe Liu, CEO, Mivatek Smart Connect
Bill Loesch, CEO, LeakSentinel
Bob Marshall, CEO, Whisker Labs
Alton Martin, Co-Founder & Co-CEO, Trusource Labs
Kevin Meagher, Chief Commercial Officer, Intamac
Dr. Chris Mitchell, CEO & Founder, Audio Analytic
Wayne Morrison, Principal, Emerging Technologies, Reliant
Lainie Muller, Director, Wellness, Alarm.com
Rob Munin, President and CEO, Lux Products Corp
Duane Paulson, VP - Strategic Partnerships, Fing
Roel Peeters, CEO, Roost Labs
Aditya Pendyala, Co-Founder & VP Growth, mnubo
Dale Pistilli, VP, Sales & Marketing, August Home
Tobin Richardson, President & CEO, Zigbee Alliance
Cecilia Sevillano, Head, Smart Home Solutions, Swiss Re
Marcus Scheiber, CEO, ROC-Connect
Russell Vail, EVP, Market Development, Alula
Dmitri Vellikok, Senior Principal Consultant, F-Secure
Mike Wajsgras, Director, Channel Development, Constellation
Jeremy Warren, CTO, Vivint Smart Home
Jeffrey Weiner, VP, Product, Marketing and Sales, Mersoft
Joe Wodark, AVP, IoT Telematics, Verisk Analytics
Richard Wolpert, Co-Founder & CEO, HelloTech
Brett Worthington, VP Global Business Development & Partnerships, Samsung SmartThings

To request an interview or data, contact Julia Homier, [email protected], 972-996-0214.

About CONNECTIONS™

CONNECTIONS™ is the premier connected home event hosting more than 600 executives from the connected entertainment, IoT, and smart home industries. [email protected], 972-490-1113, www.connectionsconference.com

Media Contact:
Julia Homier
Parks Associates
972-996-0214
[email protected]

SOURCE Parks Associates