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Parks Associates: More Than Nine Million Smart Home Controllers to Be Sold in Western Europe in 2020

DALLAS, TX--(Marketwired - Jul 4, 2016) - Parks Associates today announced new NUMBERS™ research showing a significant spike worldwide in the adoption of smart home controllers starting in 2016. The annual installation of smart home controllers in Western Europe will grow from just over 100,000 in 2015 to more than nine million in 2020. The firm will host the 11th-annual CONNECTIONS™ Europe: Smart Home, IoT, and the Connected Consumer, 2-3 November 2016 at the NH Grand Hotel Krasnapolsky in Amsterdam.

"The security industry is the leading channel for the smart home market in Europe," said Tom Kerber, Director, Research, Home Controls & Energy, Parks Associates. "However, this is changing as companies such as Samsung begin embedding smart home controllers into their smart TVs and appliances, driving substantial growth in the adoption of smart home controllers globally. At CONNECTIONS™ Europe, we will explore these shifts in the IoT, connected CE, and smart home markets and their implications for Europe and worldwide."

The firm's analysts note that the smart home market is also buoyed by growing interest from the insurance industry, although these companies are still working to identify the right business models in new and regulated markets. CONNECTIONS™ Europe will address these challenges for the IoT and smart home with over 150 industry executives in an intimate networking environment, with multiple sessions on the impact of IoT, cloud services, and the smart home on the consumer.

The conference features keynotes from David Isbitski, Chief Evangelist, Alexa and Echo, Amazon; James Monighan, Managing Director Europe, SmartThings; and François Girodolle, Head of Product Partnerships, Nest Europe, Nest Labs, Inc.

Confirmed speakers for the event include:

  • Lewis Brown, President, MiOS

  • Seb Chakraborty, Director of Technology, Connected Homes, British Gas Connected Homes

  • Simon Hunt, CTO Secure Home Gateways, Intel, Corp.

  • Mario Moura, Vice President and General Manager, Honeywell

  • Andrew Thomas, Co-Founder & CRO, SkyBell

Parks Associates, a global market research firm specializing in the connected home, is currently accepting submissions for speakers for the event, which has early sponsorship support from Ayla Networks, Icontrol Networks, ROC-Connect, Z-Wave, and ZigBee.

CONNECTIONS™ Europe supporters include Antenna Group, Appliance Design Magazine, BayPay Forum, Best Web Design, Agencies (Eventures, LLC), bestseos.com (Eventures, LLC), CableFax, Conference Guru, CrowdReviews.com, FTTH Council, FierceCable, FierceMobileIT, FierceOnlineVideo, FierceTelecom, FierceWireless, HomeGrid Forum, HomePlug, HomeToys, IPSO Alliance, Open Connectivity Foundation, PharmaVOICE, Smart Insights, Thread Group, topSEOs.com (Eventures, LLC), and Visibility Magazine (Eventures, LLC).

For more information on CONNECTIONS™ Europe, visit http://www.connectionseurope.com or contact sales@parksassociates.com, 972-490-1113. To schedule a meeting with an analyst or to request specific research data, contact Holly Sprague at hsprague@gmail.com, 720.987.6614.

Produced by Parks Associates, the 11th-annual CONNECTIONS™ Europe is a two-day executive conference focused on the impact of IoT on the consumer. The event explores innovative business strategies, new crossover industry partnerships, and advancements in IoT (Internet of Things) solutions that are creating more consumer engagement and business opportunities for smart home, cloud services, and connected entertainment solutions. Parks Associates industry analysts moderate all sessions, with discussion, insights, and networking with leading executives representing all IoT ecosystems. CONNECTIONS™ Europe will take place 2-3 November 2016 in Amsterdam at the NH Grand Hotel Krasnapolsky. http://www.connectionseurope.com