Displaying items by tag: The Consumer Electronics Show
Gadget sales expected to reach new heights, despite consumer mistrust
A catalogue of exciting products are set to the hit the American market in the new year but experts warn that 2019 could bring trust-related challenges for the tech industry.
US retail revenue is expected to climb to a record high of $398 billion this year, with upcoming releases such as 8K TVs, Alexa-controlled pianos and motion-detecting drones. The trade group behind The Consumer Electronics Show (CES) predicts sales of gadgets will be unaffected despite the privacy scandals and ongoing geopolitical tensions.
"There are so many cool things happening in the consumer electronics industry right now," said CTA vice president of market research Steve Koenig. "We are fast approaching a new era of consumer technology."
The Las Vegas trade fair will showcase an array of futuristic innovations; including foldable phones, super high resolution 8K televisions, driverless cars, gunfire-blocking drones, and will even demonstrate child-monitoring Lovot robots.
The 2019 event will focus on artificial intelligence, augmented and virtual reality, smart homes, smart cities, and health wearables. They will feature 4,500 exhibitors across 2.75 million square feet of exhibit space, with 182,000 trade professionals expected to attend.
The Consumer Technology Association (CTA) predict revenue growth in the US for smart phones, speakers, homes and watches along with televisions, drones, 'in-vehicle tech,' and streaming services, despite an array of 2018 scandals involving technology giants.
Last year, Amazon was forced to explain how virtual assistant Alexa recorded a private conversation and sent it to an Echo user without their knowledge. Facebook have also seen their shares plummet in the wake of privacy issues and face lawsuits in regards to their lax security of user data.