Smart Home Services: Safety, Prevention, Comfort

SYNOPSIS:

As the smart home increasingly reaches the mainstream, users look for practical applications and real value. They also need new forms of service and support. This study investigates smart home pain points and tests appeal and willingness to pay for a variety of professional services enabled by connected home products and systems.

SAMPLE VIEW

The research addresses fire safety monitoring, HVAC monitoring, water monitoring and leak detection, appliance monitoring & maintenance, pool monitoring, and technology support services to help consumers manage their increasing connected homes and lifestyles. The study quantifies the largest areas of opportunity and assesses the consumer segments best served by the various professional services.

Key questions addressed:

• 1. What home services do homeowners find valuable?
• 2. What are the most important service elements of a technology-supported home services.
• 3. What types of companies do consumers prefer for delivering home services?
• 4. What is the consumer's willingness to pay for different home services, and how does it vary by specific cases such as water, HVAC, or security services?
• 5. What factors influence the use, discovery, and selection of household services?
• 6. How can companies in the smart home ecosystem work with skilled trades and other home service providers to provide more value into the ecosystem and enhance service providers' businesses?

ANALYST INSIGHT:

"There is untapped opportunity to leverage the growing base of smart home technologies to generate service revenue, whether directly to the consumer or as a B2B arrangement." - Jennifer Kent, VP, Research, Parks Associates.