DALLAS, April 19, 2018 /PRNewswire/ -- Parks Associates is hosting the IoT Summit: Transformation of Consumer Products: Connectivity & IoT at HardwareCon today at the San Jose Convention Center, sponsored by Trusource Labs. The full day of sessions explore growth strategies for hardware players as connectivity opens opportunities for crossover use cases and new consumer experiences as well as interoperability challenges. The IoT Summit is on the first day of HardwareCon, which takes place April 19-20 at the San Jose Convention Center.
Parks Associates research shows that approximately 84% of U.S. broadband households use Wi-Fi in their home, which enables platform and technology usage to extend to all areas of consumers' personal, professional, and social areas. This reliance on connectivity also expands the need for support services—Parks Associates estimates the number of support requests derived from smart home devices and systems in the U.S. will exceed 18 million in 2022.
"Trusource Labs is proud to partner with Parks Associates for this highly informative event," said Alton Martin, Co-Founder & Co-CEO, Trusource Labs. "Having supported over 50 devices from more than 20 OEMs, Trusource Labs is well aware of the challenges that consumers encounter when installing and using an ever-increasing number of connected devices in the home. These myriad devices are moving from interesting gadgets to essential components of the home, including security and life safety devices, environment management, and the like. Support for connectivity and interoperability is paramount in this rapidly evolving and complex environment."
Transformation of Consumer Products: Connectivity & IoT will address the opportunities and challenges in the connected home landscape and examine the new strategies in product development, trends and challenges associated with new innovations, and the impact of these changes on the IoT market. Sessions include:
IoT Summit sessions feature executives from Ayla Networks, Bluetooth SIG, Calix, DSPG, Ericsson, Flex, Granite River Labs, Greenwave Systems, Intel, iotaBEAM, NETGEAR, OnProcess Technologies, Particle, Prodea, Qualcomm Technologies, Sensory, Thread Group, TiVo, and Trusource Labs.
"Connectivity is having a significant impact on company strategies for developing products, exploring partnerships, and creating new revenue opportunities," said Kristen Hanich, Research Analyst, Parks Associates. "We look forward to hearing from leading industry executives as they share their experiences in working in the expanding IoT space and discuss the growing need for solutions that enable all these innovations to work together seamlessly."
For more information about attending or participating at HardwareCon, visit www.HardwareCon.com.
For information about Parks Associates' events, visit www.parksassociates.com/events. To speak with an analyst or to request data, contact Julia Homier at julia.homier@parksassociates.com, 972-996-0214.
About Parks Associates
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.
The company's expertise includes digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security. http://www.parksassociates.com
Julia Homier
Parks Associates
972.996.0214
SOURCE Parks Associates