PCs, Tablets, Game Consoles Drove $358B Global CE Demand in 2020, Says SA
Global consumer tech trade revenue topped $358 billion last year, led by strong demand for home computers, tablets and games consoles, said Strategy Analytics Wednesday. They totaled $334 billion in 2019, it said. TV sales slipped 2% but were considerably…
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better than industry expectations before the pandemic, said SA. Wireless speaker sales dropped 3% to 240 million units. Game console revenue rose 18% to $11.9 billion, driven by lockdowns and new product releases. Supply chains were in "disarray," but "recovered remarkably well to meet stronger-than-expected demand,” said analyst Eric Smith. Some supply constraints remained at year-end, suggesting work- and learn-from-home trends are still providing demand impetus, he said.