
ARLINGTON, Va.—As technologists gather in Las Vegas for CES2024, the Consumer Technology Association is projecting that retail revenues for the U.S. consumer technology industry will grow modestly by 2.8% in 2024 to $512 billion (up $14 billion from 2023).
The CTA is also predicting that consumers will spend $14 billion (up 6% over 2023) on audio streaming services and $48 billion (up 4%) on video streaming in 2024.