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The smart home market is still young, but people are already clamoring for the devices

For these reasons, interest in connected home devices and uptake is on the rise:

  • In the US, nearly two-thirds of households that use broadband internet are interested in a connected-home device bundle from their wireless service providers, according to fourth quarter 2013 survey data from Parks Associates.
  • That amounts to roughly 60 million households in the US alone among 91 million total US households with broadband.
  • As prices decline over the long run and consumers become more familiar with connected-home devices overall, expect smart-appliance growth to accelerate. That said, smart appliances will remain the smallest piece of the connected-home device market throughout the forecast period.

From the article "The smart home market is still young, but people are already clamoring for the devices" by Tony Danova.

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