CES 2016 only begins officially on Wednesday, but tech firms are already sneaking out press releases and early launches, whetting the appetites of both soon-to-be attendees of the Vegas show and cyber participants alike.
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The CTA is the organizer of the world’s largest consumer tech tradeshow, the Consumer Electronics Show (CES), which officially runs from Wednesday through Saturday in Las Vegas.
Koenig cautioned that know-how spending comparisons have been “challenged” by a really robust greenback and costs dropping on market mainstays similar to smartphones and tablets.
“We really see the global economy starting to get back on track as we wrestle with a range of issues”, Koenig said.
Koenig described smartphones, tablets and mobile PCs as consumer tech’s triumvirate, which could account for 58 percent of worldwide spending on consumer tech products in 2016.
Although just over half of the industry revenue coming from televisions, smartphones, laptops, tablets and desktops the five categories will drop to under half of the revenue in the industry from now as the nascent product groups gain space.
He wondered aloud regarding the potential for tablets to be squeezed out by large-screen smartphones and portable computers such as the Lenovo Yoga, which are designed with screens that can be removed and used as touch-controlled tablets.
Smartphone adoption is being pushed by progressively decrease costs, which is particularly necessary in markets corresponding to China, Africa, and the Middle East the place excessive-finish handsets are out of attain for many individuals.
Emerging markets have been seen as persevering with to be central to progress within the consumer electronics market, with India turning into a driving drive as China shifts to decrease, regular progress after a long term of booming enlargement.
However a preview event ahead of the main convention – CES Unveiled – has offered an early glimpse into what could be the biggest trends of the four-day show, which will attract around 170,000 people. The immersive audio, high definition audio is a new experience.
Televisions were likely, once again, to be stars on show floor at CES, but new talent in the form of drones, robots, 3D printers, and virtual reality, along with smart cars and homes were expected to grab attention and momentum.
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“I think we’re at an interesting inflection point for the consumer technology industry”, said Shawn DuBravac, the CTA’s chief economist, pointing to the emergence of those newer categories of tech products.
