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US consumer electronics sales to rise 4% to USD 398 bln in 2019

Monday 7 January 2019 | 14:25 CET | News
The US consumer technology industry is set to rake in a record USD 398 billion in retail revenues in 2019, up 3.9 percent year on year, according to a report released by the Consumer Technology Association (CTA) at CES 2019. Innovations in Artificial intelligence (AI) and faster connectivity are set to be the key drivers for emerging technologies such as smart speakers, smart home devices, smartwatches, wireless earbuds and more, said the CTA, which now includes spending on music and video streaming in its results. In fact streaming services revenue is set to soar to USD 26 billion in 2019,

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Categories: General
Countries: United States / World
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