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

April 17, 2018 | By forimmediaterele | Filed in: Press Releases.

Travel & Tourism Industry release:

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 22nd-annual CONNECTIONS™: The Premier Connected Home Conference, May 22-24 in San Francisco, will include the following keynotes:

Speakers include:

To request an interview or data, contact Julia Homier, 193514@email4pr.com, 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. sales@parksassociates.com, 972-490-1113, www.connectionsconference.com

Media Contact:
Julia Homier
Parks Associates
972-996-0214
193514@email4pr.com

SOURCE Parks Associates

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