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

Thursday 22 October 2020 | 10:39 CET | News
Tech spending on hardware and services during the 2020 holiday season in the US (October-December) is projected to reach USD 135 billion in revenue, a 10 percent increase from last year, according to a forecast from the Consumer Technology Association. Smartphones are once again the most wanted item among tech gifts, while game consoles moved up to third place from seventh last year, as new Xbox and Playstation products are launched. 

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.


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


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.


Verizon offers PlayStation annual subscription with new mobile, Fios contracts

Published 19 Nov 2020 17:06 CET | United States
Verizon is offering new mobile and home broadband customers 12 months of PlayStation subscriptions free under certain conditions. ...

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 households still plan to buy tech goods, even amid pandemic uncertainty - CTA study

Published 13 May 2020 10:03 CET | United States
About one-third (31%) of US homes indicate they will likely buy some type of tech goods over the next 12 months, even amid the ...

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 ...