CTA: Supply Chain Disruptions Unlikely To Deter Tech Shoppers
Sixty six percent of U.S. adults started holiday shopping prior to November in the face of potential supply chain disruptions, according to research released by the Consumer Technology Association (CTA) Monday. Just 34% of shoppers reported having not started their holiday shopping yet. The Association…
CTA: Full Speed Ahead For Physical CES With Virtual Limitations
The Consumer Technology Association (CTA) announced plans to push forward a physical CES 2022 Jan. 5-8th with multiple opportunities for physical attendees and exhibitors and limitations for those who choose to attend virtually. This is a significant departure from virtual-only CES 2021 presented by the…
CTA Study: Holiday Tech Spending To Grow 0.5% To $142.5 Billion
The Consumer Technology Association (CTA) forecasts consumer spending on tech products and services to reach $142.5 billion during the 2021 holiday shopping season (October-December), up 0.5% from the 2020 period. The prediction was part of the association’s 28th Annual Consumer Technology Holiday Purchase Patterns report,…
CTA To Require Proof Of Vaccinations To Attend CES 2022 In January
Just when you hoped it was safe to go back to a trade show…. Even as key exhibiting companies and registered attendees were pulling out of next month’s CEDIA Expo in Indianapolis due to the alarming escalation of infections in the wake of the rise…
CTA: Pandemic Spurred 159M Smart Tech Product Installations
The Consumer Technology Association recently released a new report showing 159 million U.S. households have installed tech since the start of pandemic either as DIY projects of by hiring a tech professional. In addition, 89% of U.S. renters and homeowners currently use and have at…
CTA: 2021 U.S. TV Sales To Decline In Units But Grow In Revenue
The Consumer Technology Association (CTA) has released its mid-year industry forecasts study predicting retail sales revenue for the U.S. tech industry will reach a record-breaking $487 billion by the end of the year, reflecting a 7.5% jump from a year ago. The forecast is expecting…
CTA: TV Adoption Pacing All Consumer Technology Devices
While more than nine in 10 U.S. households own a television and/or smartphone, it is the former category that leads the country in consumer adoption, according to the Consumer Technologies Association (CTA) 23rd Annual Consumer Technology Ownership & Market Potential Study. According the recently issued…
Strategy Analytics: Global CE Industry Grew In 2020
Despite the impact of COVID-19 around the world last year, sales of consumer electronics products generated factory dollar revenue of $358.5 billion, up 7% from 2019, according to data released by market research firm Strategy Analytics. According to the firm’s Global Consumer Electronics Market Forecasts…
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