Cable / Telecom News

CES 2021: Covid to drive tech sales by a feverish 4.3% in 2021, says CTA

Streaming, 5G will lead growth By John Bugailiskis ARLINGTON, VA - While Covid-19 continues to spread out of control in the U.S., the Consumer Technology Association’s (CTA) sales report, released at the virtual CES 2021 this week, found pandemics can be very good for its members’ business. While the outbreak has created devastating economic and social disruption for many, it’s actually been a real benefit for tech sales. In fact, retail sales revenue for the technology industry will reach US$461 billion in the U.S. in 2021 – a 4.3% increase year-over-year – according to the CTA. The association expects tech...