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By John P. Mello Jr.
Jan 13, 2021 5:23 AM PT
Smart devices, the cornerstone of the home of the future, can't seem to capture the imagination or open the wallets of a large number of Americans.
Some 46.7 million broadband households aren't ready to buy a smart home device, according to a survey released this week by Parks Associates, a market research and consulting company specializing in consumer technology products, in Addison, Texas.
The households gave a number of reasons from staying away from smart home devices:
44 percent (20.5 million households) said the devices are too expensive.
38 percent (17.7 million) can't see the benefits of the gadgets.