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Streaming, 5G, AI to boost US tech spend to $422bn

January 7, 2020

The rising popularity of streaming services along with 5G connectivity and artificial intelligence (AI)-enabled devices will drive revenue growth for the US consumer tech industry to a record $422 billion (€377.4bn) in retail revenues in 2020 – nearly 4 per cent growth over last year, according to a Consumer Technology Association (CTA) report.

Unveiled at CES 2020, CTA’s twice yearly

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