Proof Point

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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
Sector: Consumer Durables
Source: 

Date Last Updated: May 7, 2018

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