Market Research Report
Opportunity Assessment: Builders and Insurance as Smart Home Channels
|Published by||Parks Associates||Product code||904328|
|Published||Content info||88 Pages
Delivery time: 1-2 business days
|Opportunity Assessment: Builders and Insurance as Smart Home Channels|
|Published: June 22, 2020||Content info: 88 Pages||
Many smart home manufacturers and service providers have their eyes on the home builder and home insurance channels as new means to boost sales and introduce new consumers to the smart home experience. Each channel is developing at its own pace and according to its own unique business cases, technology preferences, and partnership alignments. This market assessment takes a look at the single-family builder, multifamily builder, and home insurance channels by exploring pre- and post-COVID-19 industry outlook, smart technology drivers, barriers and trends, and market leaders, with an assessment of the scale and momentum of these channel opportunities.
"The quest for new sales channels for smart home devices includes identifying unique opportunities that aren't optimally served by existing channels. While retailers and managed service providers have provided foundational channels for smart home products, other participants in the residential ecosystem such as single-family and multifamily builders and insurance companies offer additional channels with varying potential scale and momentum," said Brad Russell , Research Director, Connected Home, Parks Associates.