U.S. Retail Sales of Consumer Technology Connected Devices

U.S. Retail Sales of Consumer Technology Connected Devices

Proof Point

Sales of connected consumer tech devices projected by CTA to reach 791 million by 2021 from 621 million in 2016, a 5% annual growth

U.S. Retail Sales of Consumer Technology Connected Devices

2016 – 2021F (millions)

Proof Point Findings

  • Consumer Technology Connected Devices – Internet-connected devices used by consumers, such as laptops, smartphones, smart televisions, connected speakers, wearables, and more
  • Continuous Sales Increase – Consumer Technology Association (CTA) predicts retail sales of connected devices used by consumers will grow 5% annually between 2016 and 2021, from 621 million to 791 million
  • Key Growth Drivers – Include increased consumer demand, enhanced home and mobile connectivity, intensifying competition between tech companies, rapidly-advancing technological advances, lower device costs, and proliferation of new applications

Accelerator

Sector

Consumer Durables

Source

Date Last Updated

May 7, 2018

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