Trillion-dollar Market for Gadgets!!

The Consumer Electronics Association predicted, just prior to opening of the CES, that the market of consumer Electronics devices would reach $964 billion and may even hit the magic number of a trillion dollars! That would be a rise of 10% in the sale of mobile phones, computers, television sets and other items.Smartphones, touchscreen tablet computers, electronic book readers and flat-panel liquid crystal display (LCD) television sets are likely to push this movement. The trends seen by them are as follows.


Smartphones, not mobile phone in general, will rise. tablets will double  in sales this year to 30 million units. eReaders like the Kindle will still be strong with shipments of 20 million worldwide.Mobile computers, including tablets, will reach $220 billion out of a PC sales volume of $316 billion. desktop share is going to be only $96 billion out of that.

Web-connected televisions are set to a continuous growth. By 2014 about 52% of all TVs sold will be web capable.It was only 9% last year, 2010. Apps are beginning to get anywhere, from smartphones to tablet computers to TV sets.Half the mobile device owners download and use apps covering areas like communications, weather, maps, music, news, games and social networking. we are in exciting times, alright!

AFP: Trillion-dollar forecast for gadget sales