The Consumer Technology Association (CTA) expects consumer tech retail revenues to increase 2.8 per cent in 2024, with TV unit sales are forecast to rise just 1 per cent this year. After two years of down trending, US consumer technology spending is expected to return to growth in 2024, the CTA says in its latest […]

The Consumer Technology Association (CTA) has released its first US Consumer Technology Software and Services Industry Forecast. The report shows that software and services account for 31 per cent ($151 billion) of the US consumer technology market in 2023. The sector’s rise is driven by a broadening portfolio of subscription services including new offerings like […]

As the technology sector converges on Las Vegas for CES, research from the Consumer Technology Association (CTA) projects US technology retail revenues of $485 billion (€456bn) in 2023. This new data puts revenues slightly above pre-pandemic levels, following a three-year surge in consumer technology spending that peaked at a record-breaking $512 billion in 2021. While […]

The US consumer technology industry is projected to generate over $505 billion (€467bn) in retail sales revenue for the first time ever according to a new forecast from the Consumer Technology Association (CTA). The projection represents a 2.8 per cent revenue increase from 2021’s impressive 9.6 per cent growth over 2020. Strong demand for smartphones, […]

US consumers saved $2.2 billion (€1.9bn) in energy costs in 2020 thanks to a voluntary agreement between the pay-TV industry and energy efficiency advocates. The agreement, led by the Consumer Technology Association (CTA), NCTA – The Internet & Television Association and CableLabs has cut energy usage of set-top boxes by more than half in the […]