Consumer Electronics Market to Reach $206.5 Billion

Sales of smartphones, already in more than half of U.S. homes, and tablet computers, in one-third of homes, are expected to drive annual consumer electronics sales to $206.5 billion this year — the first time above the $200 billion mark.

Overall consumer electronic sales will grow 5.9% this year, the Consumer Electronics Association said in a report.

That’s up from the group’s estimate earlier this year of 3.7% growth from 2011.

via USATODAY

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About David H Deans

Principal Consultant and Founder of GeoActive Group USA - http://www.geoactivegroup.com - follow @dhdeans
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