One thing all the analysts agree on is that Google is likely to talk about the company's acquisition of Nest Technologies, a company that makes a smart-home thermostat that can be programmed from users' mobile phones.
Google, which spent $3.2 billion in cash for Nest, is expected to now be a significant player in the smart-home market and the expanding realm of the Internet of Things, in which products and appliances communicate with each other.
The concept is expected to have products ranging from cars to refrigerators and thermostats that can communicate with each other without human involvement.
Having smart appliances, including this smart thermostat in homes would give Google a lot more information about users and how they live. Advertisers would clamor for that kind of information and would pay Google a lot of money for it.
"Absolutely. I think we'll hear about this at I/O," said Strawn. "They may even introduce a new product around this. I'd imagine that we'd hear about several of their endeavors along those lines."
Patrick Moorhead, an analyst with Moor Insights & Strategy, said Nest is an important enough purchase for Google that it would be surprising if company executives didn't discuss it at the conference.
"I think they will talk about the broad opportunity for a connected home, how Nest fits in, and more importantly, how developers and other hardware manufacturers can play," he added. "
Sign up for MIS Asia eNewsletters.