Parks Associates: Smart Water Leak Detectors Will Generate More Than $220M in Revenue by 2020

Comcast, Cox, Intel, Qualcomm, and Vivint to Address IoT and Smart Home Market at 21st-Annual CONNECTIONS™ Conference

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May 05, 2017, 08:35 ET

DALLAS, May 5, 2017 /PRNewswire/ -- International research firm Parks Associates announced today more than 100 companies will speak at CONNECTIONS™: The Premier Connected Home Conference, May 23-25 in San Francisco. Executives from all industries related to the connected home will address growth in smart home and connected entertainment categories and new business opportunities created by these IoT solutions.

CONNECTIONS™ features the following keynote speakers:

Parks Associates: Trustworthiness of Companies to Access/Manage Personal Data

Matt Eyring, Chief Strategy and Innovation Officer, Vivint Smart Home
Kristine Faulkner, SVP/GM, COX Homelife, Cox Communications
Miles Kingston, GM of Smart Home, Intel
Rahul Patel, SVP and GM, Connectivity, Qualcomm Technologies, Inc.
Sridhar Solur, SVP, Product & Development for Xfinity Home, Internet of Things and Data Services, Comcast

Parks Associates research shows more than five million smart water leak detectors will be sold in the U.S. by 2020, generating more than $220 million in annual revenues. These types of devices have generated interest among new players, including the insurance industry, which could create new revenues through the data generated. Consumers are also interested in working with insurance companies in the IoT, as more than 50% of U.S. broadband households rank insurance providers alongside electricity providers and security monitoring providers among the top three most trustworthy companies in this space.

"This year's CONNECTIONS™ has great innovators who will share their vision on the evolution and next growth stages for the IoT," said Elizabeth Parks, SVP, Parks Associates. "We are also focusing on areas of consumer anxiety, including privacy and data security, and ways to enhance the consumer experience so that the IoT aligns with their expectations for smart home, connected health, and entertainment devices and systems."

Companies speaking at CONNECTIONS™:

A&D Medical
Abode Systems
Accedo
Adobe
ADT
AirTies Wireless Networks
Alarm.com
Amazon
American Two-Way (ATW)
AmTrust
Arrayent
Asurion
Audio Analytic
Ayla Networks
Belkin International
Bitdefender
Brightcove
BullGuard
Centercode
Centrica Connected Home
Chamberlain Group
Cirrent
Citi High Yield
Comcast
Comcast Ventures
Concours Ventures
CoreLogic
Cox Communications
CUJO IoT Security
Deutsche Telekom
EarlySense
Ecobee
EnergyHub
Ericsson
EVRYTHNG
Fusion Media
GE Lighting
General Motors
Google
Greenwave Systems
HARMAN
HelloTech
Hippo Insurance
Home, Building & Utility Systems
HomeAdvisor
Honeywell
IBM Watson IoT
Independa
Intel
Internet of Things Consortium
IoT Consulting, LLC
Manhattan Street Capital
Microsoft
MivaTek
mnubo - IoT Analytics
Mooreland Partners
Nest Labs
NETGEAR
Nielsen
Nokia Growth Partners
Nortek Security & Control
Norwest Venture Partners
Nuance Communications
NXP
Open Connectivity Foundation
Orbita, Inc.
Panasonic
Pepper IoT
Philips
PlumChoice
PointCentral
Qualcomm Technologies
Reflexion Health
ROC-Connect
Roku
Roost
Salus Inc
SeniorLink
Sigma Designs/Z-Wave
SkyBell Video Doorbell
Smart Monitor
Somfy
sonnen
Stringify
Tank Utility
The Home Depot
Thread Group
TiVo
T-Mobile
Trusource Labs
ULE Alliance
UnaliWear
Verisk Insurance Solutions
Verizon Digital Media Services
Vivint Smart Home
Voicebox Technologies
VRV, Ellation
Whisker Labs
Wink
Woodside Capital Partners
Xively by LogMeIn
ZigBee Alliance

To register for the 21st-annual CONNECTIONS™ Conference or a pre-show workshop, visit http://bit.ly/CONNUSregistration. Press passes are available at www.parksassociates.com/cus-press. To schedule an interview with an analyst or request specific research, contact Holly Sprague at [email protected], 720.987.6614.

About CONNECTIONS™

Parks Associates' CONNECTIONS™: The Premier Connected Home Conference is the premier connected home event hosting over 700 executives from the connected entertainment, IoT, and smart home industries. For more information, contact [email protected], call 972-490-1113, visit www.connectionsconference.com.

Media Contact:
Holly Sprague
Parks Associates
720-987-6614
[email protected]

SOURCE Parks Associates