0
General

US consumers to spend over USD 97 bln on tech gifts this holiday season - study

Friday 25 October 2019 | 13:19 CET | News
US consumers are expected to spend USD 97.1 billion on tech products during the October to December holiday season, according to the latest study from Consumer Technology Association CTA About 186 million US adults (74%) plan to purchase a tech product as a gift this year, with streaming service subscriptions and video games seen as popular presents. Around 71 percent are thinking of buying a content-related gift this year; this could include videogame discs (43%) and streaming or download entertainment services such as Netflix or Hulu (39%).

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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
Companies: Amazon / Google / Hulu / Netflix
Countries: United States
::: add a comment
This article is part of dossier

IoT


Add 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

Amazon leads smart speaker market in Q3, trailed by Google

Published 27 Nov 2019 10:14 CET | World
Amazon again led the smart speaker market in the third quarter, shipping its second highest ever total for a single quarter and ...

Over 8 in 10 Black Friday shoppers in US set to buy tech devices - CTA

Published 08 Nov 2019 13:54 CET | United States
Nearly half (49%) of the US population plans to shop during Black Friday Week and over 8 in 10 (82%) of those shoppers intend to ...

Global smartwatch shipments leap 42% to 14 mln units in Q3

Published 07 Nov 2019 10:05 CET | World
Global smartwatch shipments grew an impressive 42 percent annually to reach 14 million units in the third quarter, according to ...

Microsoft reintroduces Xbox All Access offer with optional upgrade

Published 29 Oct 2019 06:51 CET | World
Microsoft is reintroducing Xbox All Access in the US, UK and Australia, allowing customers to buy a new Xbox game console and ...