Evolution of Smart Home and the Internet of Things

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Devices in the home are increasingly connected to a cloud service, providing access to controls and content from anywhere. Connected devices become smart as they analyze and act upon consumer data (big data) to interpret consumer behavior and enhance comfort, convenience, and safety. This report provides forecasts for multiple industry categories of connected devices for the U.S. and concepts that apply globally.

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Download Table of Contents (PDF)

1.0      Introduction

1.1      Scope

1.2      Key Questions Addressed

2.0      The Internet of Things

2.1      Smart Home Benefits and Capabilities

2.2      Integrating Smart Home Systems and Smart Products

3.0      Evolution of the Smart Home

3.1      Enhanced Products

3.2      Business Transformation

4.0      Adoption of Home Control Products and Systems

4.1      Smart Home Systems

4.2      Smart Devices

4.3      Integrating Connected Products and Smart Home Systems

5.0      Evolution of Smart Product Categories

5.1      Door Locks

5.2      Motorized Garage Door Openers

5.3      Doorbells

5.4      Networked Cameras and Video Storage & Viewing

5.5      Smart Lighting Controls

5.6      Thermostats

5.7      MultiSensors

5.8      Blinds and Drapes

5.9      Wall Outlets, Smart Plugs, and Smart Power Strips

6.0      Future Trends and Select Smart Device Forecasts

6.1      Forecast: Smart Thermostats

6.2      Forecast: Smart Lighting Controls

6.3      Forecast: Networked Video Cameras

6.4      Forecast: Smart Door Locks

7.0      Notes on Methodology

7.1      Data Sources

8.0      Index of Companies & Key Words

Smart Home Definitions

Internet of Things

Smart Home Current and Future Capabilities

Smart Devices Integrated into a System or Standalone

In-App Revenue Generators and Value Added Services

Adoption of Technology in the U.S.

The Two Paths to Smart Home Adoption

Bundled Services among New Professional Monitoring Services Subscribers

Smart Home Consumer Segments

Smart Home Service Provider Positioning

Telecom Home Control Solutions Profiles

Cable Operator Home Control Solutions Profiles

Conflicting Business Motivations within the Connected Home

Type of Smart Networked Camera

Smart Lighting

Top Brand of Smart Lighting

Growth of Smart Thermostats

Top Smart Thermostat Brands

Smart Plug/Power Strip Ownership

Smart Plug Top Brands

Total Thermostat Forecast

Smart Thermostats by System Type

Smart Lighting Forecast

Smart Lighting by Type

Smart Lighting by System Type

Networked Security Cameras Forecast

Networked Security Camera by System Forecast

Smart Door Lock Forecast

Smart Door Lock Forecast by System Type

Publish Date: 2Q 2014

Pages: 68

Authored By:
Tom Kerber - Director, Research, Home Controls & Energy
Maia Hinkle - Research Analyst

© June 2014 Parks Associates

All rights reserved.  No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher.

Printed in the United States of America. 

Parks Associates has made every reasonable effort to ensure that all information in this report is correct.  We assume no responsibility for any inadvertent errors.

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