38% of households now own at least one smart home device, according to international research firm Parks Associates, an increase of 2% on 2021.
Announcing its 17th annual Connections Summit: Smart Home Growth Strategies, taking place in Las Vegas on January 5 as part of CES 2023, Parks said consumer appetite for the devices remains unabated.
Parks research shows 27% of US internet households have purchased a smart home device in the past 12 months, and 44% of households report intentions to purchase a smart home device in the next 12 months.
“There is so much to talk about. All channels that develop and deliver smart home products have seen new demand, with rising consumer expectations and new opportunities to deliver an integrated connected experience in the home,” said Chris White, research director, Parks Associates. “We are excited to bring industry leaders together to talk about the advancements in the connected home.”
The annual event features Parks Associates’ analyst team and industry players, with insights on new business models, tech advancements, and the services stemming from connected devices and services in the home.
