Friday, 24 March, 2023

Consumer spending on tech reaching $1.69 tn in 2019, IDC

<p>Consumer spending on technology is forecast to reach $1.69 trillion in 2019, an increase of 5.3% over 2018, according to IDC. Emerging technologies, including AR/VR headsets, drones, robotic systems, smart home devices, and wearables, will deliver strong growth with a five-year CAGR of 13.2%. Smart home devices and on-demand services will account for roughly 90% of emerging technologies spending.</p>