0
General

US consumer technology sales to continue growing in Q1, by 12% - NPD Group

Monday 11 January 2021 | 13:48 CET | News
The US consumer technology industry sales will continue to grow in the first quarter of this year, continuing the momentum recorded in 2020 when sales were up 17 percent through 26 December, according to a forecast from The NPD Group. In Q1, the researchers expect 12 percent consumer technology sales growth versus the year before. But even with a strong start to the year, comparisons to the monumental growth seen in the latter part of 2020 will result in a 2 percent decline year-over-year over 2021 as a whole, as sales reach nearly USD 110 billion. The researchers expect to see an additional

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Countries: United States
::: add a comment
This article is part of dossier

IoT


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

World PC shipments rise more than 26% in Q4

Published 11 Jan 2021 14:46 CET | World
Global shipments of traditional PCs (inclusive of desktops, notebooks and workstations) grew 26.1 percent year over year to 91.6 ...

US holiday tech spending forecast up 10%, smartphones most wanted gift

Published 22 Oct 2020 10:39 CET | United States
Tech spending on hardware and services during the 2020 holiday season in the US (October-December) is projected to reach USD 135 ...

Only 18% of US consumers understand different types of 5G spectrum - study

Published 15 Sep 2020 11:43 CET | United States
While 90 percent of US consumers are aware of 5G and what the technology could mean for multimedia streaming and gaming on mobile ...

T-Mobile US to soon require VoLTE on all phones - report

Published 24 Jul 2020 09:16 CET | United States
T-Mobile US plans to rapidly fast track plans to shut down its 2G and 3G voice networks, according to AndroidPolice.com citing an ...

US retail tech sales to fall 2% in 2020, smartphone market forecast down 6%

Published 21 Jul 2020 10:31 CET | United States
Retail sales of tech products in the US are expected to fall 2.2 percent this year to USD 406.8 billion, according to an updated ...

US smartphone market forecast to contract up to 15% in 2020

Published 27 Apr 2020 10:47 CET | United States
US smartphone sales will fall 6-15 percent this year, to an estimated 138-153 million units, according to the latest forecasts ...