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Parks Associates: More Than Half of All US Households Say They Value the Energy-Saving Benefits of Smart Home Tech28th annual CONNECTIONS™ announces Jim Nye, Chief Product Officer, Vivint, as Keynote Speaker DALLAS, April 11, 2024 /PRNewswire/ -- Parks Associates' latest research finds 52% of US internet households indicate automating savings and remotely controlling lights, thermostats, and appliances to save energy are valuable or highly valuable benefits for smart home devices. The research firm will share the latest data on the adoption of connected home technologies at its 28th annual CONNECTIONS™: The Premier Connected Home Conference, hosted May 7-9 at the Hilton Dallas/Plano Granite Park Hotel in Plano, TX. The executive conference features educational sessions focused on the next generation of home services, new revenue strategies, the role of AI in the smart home, insurance partnerships and risk reduction, and the role of interoperability. CONNECTIONS™ sponsors include Cox Communities; Nice; Cardinal Peak, an FPT Software Company; Ivani; Kaadas Smart Locks; Kwikset; Rapid Response Monitoring; SkyBell; Ubiety Technologies; Alarm.com; Shelly; SmartThings; Becklar; Calix; bluesalve partners; Midea America; Cognitive Systems; RSPNDR; Savant; Trident IoT; Xailient; Affiliated Monitoring; Origin; and the Z-Wave Alliance. "Purchase intentions for solar panels have dropped to 2018 levels after a peak of 12% at the end of 2021," said Elizabeth Parks, President and CMO, Parks Associates. "High interest rates are a key factor in this drop, so the industry will need to work to show the ROI and explain the value of new technologies. New partnerships will be critical for success, and companies can put the value of their solutions front and center by integrating the analytics and reported savings into the consumer experience."
To register or attend, visit www.connectionsconference.com. For data requests, contact Mindi Sue Sternblitz-Rubenstein at [email protected] or 972-490-1113. About CONNECTIONS™ CONNECTIONS™ provides ongoing insights throughout the year with virtual and in person conference sessions. Parks Associates analyst team leads the conference sessions, which are focused on technology innovations, consumer adoption and trends, product and service forecasts, and the evaluation of new business strategies, partnerships, monetization opportunities, and value-added service design. CONNECTIONS™ is a pivotal platform for partnerships and exploring the future of technology adoption and its impact on consumers and businesses. www.connectionsus.com About Parks Associates Follow Parks Associates on LinkedIn, Facebook, and Instagram. Mindi Sue Sternblitz-Rubenstein View original content to download multimedia:https://www.prnewswire.com/news-releases/parks-associates-more-than-half-of-all-us-households-say-they-value-the-energy-saving-benefits-of-smart-home-tech-302113882.html SOURCE Parks Associates |