Global tech market slips after peak geek in 2013

5 January 2014 by Steve Blum
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Rising volume can’t keep up with falling prices.

Global consumer technology sales hit $1.1 trillion last year, but will slip back a few billion dollars in 2014. That’s the top line forecast from the Consumer Electronics Association, which represents the industry in the U.S. and organises CES, which is getting underway now in Las Vegas.

Smart phones and tablets have driven the market for the past four years, and are expected to account for 43% of global technology sales in 2014, dwarfing televisions and personal computers.… More