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US Consumer Tech Sales to Gain 3% This Year, NPD Predicts

U.S. consumer tech revenue is expected to grow 3 percent annually through 2021, spurred by “desire” for home automation, “rising interest in smart displays” and other trends, said NPD last week. “Steady single-digit growth is notable in a mature market…

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where consumers are not replacing or repurchasing items at the same rate they did in prior years.”