January 4, 2017:US consumer tech sales tipped to reach $292bn in 2017

With the CES gadgets show in full swing in Las Vegas, it’s time for industry body the Consumer Technology Association (CTA) to make its annual predictions for the size of the gadgets market.

It claims that sales of consumer tech in the US will reach $292bn in 2017, which means $228bn of wholesale revenues for manufacturers. That would be up 1.5% year-on-year, buoyed by sales of smart-home devices, digital assistants (think Amazon’s Echo), wearable gadgets and 4K televisions.

Specifically, it predicts that digital assistants like the Echo and Google Home will ship 4.5m units in the US this year, up 52% on 2016. Meanwhile, the CTA is predicting sharp growth in sales of VR headsets, albeit from a small base: up 79% to 2.5m units in 2017.

The full article is available to our subscribers only.

subscribe here
(where there are options for monthly, twice-yearly, annual and trial subscriptions)

Music Ally
READ MORE: Data News