Parks Associates: 16% of Smart Thermostats Were Sold Through HVAC Dealers in 2017

CONNECTIONS™ Summit examines homebuilders, insurance, and other sales channels for smart home at CES®

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Nov 28, 2018, 08:45 ET

DALLAS, Nov. 28, 2018 /PRNewswire/ -- Parks Associates research finds 16% of U.S. broadband households that bought a smart thermostat in 2017 purchased this device through an HVAC dealer as part of a new HVAC system. 360 View: Smart Home Buyer Journey and User Experience notes consumers have multiple sales channels available as they look to acquire smart home products.

Parks Associates: Smart Thermostat: Category of Purchase

The international research firm will discuss the smart home buyer's journey and the opportunity for voice-enabled services at the 13th-annual CONNECTIONS™ Summit: Consumer IoT and Smart Home on January 8 at CES® 2019 in Las Vegas. The Summit concludes with a networking reception, sponsored by Homematic IP. Registration is now open at CES.tech.

"Smart thermostats have been on the market long enough that 4% of buyers in 2017 were buying a second one," said Elizabeth Parks, SVP, Parks Associates. "Growing interest in and ease of self-installation are also helping to drive this and other smart home products—57% of smart thermostats were self-installed in 2017, compared to 43% in 2016. At CONNECTIONS™ Summit, we will explore strategies to expand add-on device sales and services that leverage standalone device adoption, as well as other business model innovations that will grow the smart home industry."

CONNECTIONS™ Summit features panels examining successful consumer-focused strategies that meet the challenges of today's IoT and smart home ecosystems. Leading analysts from host Parks Associates present consumer research and moderate expert discussions on key trends in user experiences, voice, insurance, privacy, and independent living.

CONNECTIONS™ Summit speakers:

Jacob Atalla, VP, Sustainability Initiatives, KB Homes
Steve Chazin, VP, Product Management, Alarm.com
Rob Conant, CEO, Cirrent
Steve Dimmitt, VP, Sales and Marketing, Sears Home Services
Ed Doran, Co-Founder Cortana, Principle Program Management, AI & Research, Incubations, Microsoft
Rob Flippo, CEO, MobileHelp
Bernd Grohmann, EVP, eQ-3 AG
Geoff Gross, Founder & CEO, Medical Guardian
Mike Harris, President, Ring Solutions, Ring, an Amazon Company
Yuval Harry, Head, Partnerships, Hippo
Jeremy Hitchcock, Founder & CEO, Minim
Jay Holley, Head, Partnerships, Uber Health
David Kaiserman, President, Lennar Ventures, Lennar
Charlie Kindel, SVP, Products & Services, Control4
Jon-Michael Kowall, Assistant VP of Property Product Development & Innovation, USAA
Jennifer Mallett, CEO/President, Level Up Your Home
Patrick Maloney, CEO & Founder, Inspire
Alton Martin, Co-Founder/Chief Evangelist, Trusource Labs
Katie McMahon, VP and GM, SoundHound, Inc.
Claire Miles, Managing Director, Centrica Hive
Sujata Neidig, VP, Marketing, Thread Group; Senior MCU Marketing Manager, NXP
Paul Palmer, Global Director, Business Development, Consumer Business, F-Secure
Marcus Scheiber, CEO & Co-Founder, ROC-Connect
Corey Sorice, VP GM Emerging Business, Chamberlain Group, Inc.
Adam Thibault, GM of Dragon Smart Home and Voice to Text, Nuance Communications
Linden Tibbets, CEO, IFTTT
Michele Turner, Sr. Director, Smart Home Ecosystem, Google
David Wechsler, Senior Director, Channels and Partnerships, Comcast Xfinity
Raoul Wijgergangs, VP and GM, Z-Wave, Silicon Labs
Kellen Xu, Director, Global Business Development and Partnerships, SmartThings

CONNECTIONS™ Summit at CES includes six executive sessions, two special presentations, and a networking reception, sponsored by Homematic IP, on January 8, the opening day of CES.

CONNECTIONS™ Summit sponsors include Alarm.com, Asurion, Cirrent, F-Secure, Hive Home, Homematic IP, Inspire, Minim, ROC-Connect, and Trusource Labs.

To request research or an interview, please contact Julia Homier at [email protected].

About CONNECTIONS™ Summit at CES
CONNECTIONS™ Summit at CES will take place in Marcello 4405 on the 4th level of the Venetian Hotel, January 8 during CES. Follow the event on Twitter at @CONN_Summit. http//www.connectionssummit.com

Contact:
Julia Homier
Parks Associates
972.996.0214
[email protected]

SOURCE Parks Associates