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Emerging technology poised to take off in 2017

Tech

Emerging technology poised to take off in 2017

Jude Chan Published on Wed, Jan 04, 2017 / 4:49 PM GMT+8

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SINGAPORE (Jan 4): Emerging technology such as smart homes, digital assistant devices, virtual reality, and drones could drive the US consumer technology industry to record-high retail revenues of US$292 billion ($423 billion) in 2017.

This is according to an industry report published Tuesday by US-based Consumer Technology Association (CTA).

The CTA consensus forecast reflects US factory sales-to-dealers for more than 300 consumer tech products.

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