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Smart home experts debate profit models in a shifting market

October 13, 2025Ken Showers, Managing Editor

PLANO, Texas — During a recent webcast, Elizabeth Parks, president and chief marketing officer at Parks Associates, asked a panel of smart home experts about the important questions facing industry professionals right now: Who’s making money, what are consumers buying, and how do we compete and change? With up to 48% of households having a smart device in their home, according to the latest Parks Associates research, you might assume that recurring monthly revenue from subscription...

Crestron, Elizabeth Parks, George Yianni, Parks Associates, PG Gall, Signify, smart home