This report was authored by Jennifer Kent and others from Parks Associates and published in 2022. Five researchers at Parks Associates offer predictions for trends in the home systems market.  Among the notable trends are the predicted mergers of media companies even as customers have more choices in video streams. “Personal Emergency Response Systems” and remote monitoring will increase for older consumers. Some customers expect health care providers to support remote monitoring. Product interoperability will continue to be challenging unless competitors agree to cooperate (such as the Matter initiative). Builders of multi-family units will be increasing the adoption of smart home technology. Solar panels, storage batteries, and smart thermostat adoption will depend on government and utility incentives.  Internet providers will be offering smart Wi-Fi applications.

Keywords: Access Controls, Audio/Video, Carrier Services, Energy Efficiency/Management, Smart Grid, Remote Healthcare, Solar and Storage