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Mobile Products Driving CE Industry Sales
Consumers' desire for mobility is driving sales of tablets, smartphones, e-readers and wireless mobile hot spots, according to a new study released by the Consumer Electronics Association (CEA).
The "15th Annual Household CE Ownership and Market Potential Study" also found that CE spending is up for individuals (35 percent) and households (36 percent) over the last 12 months. ...
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Product Saturation Impedes Sales In CE Category
All those electronic devices that consumers have been buying over the past few years are beginning to have an effect on the category's overall growth.
According to The NPD Group, overall sales for the U.S. consumer technology industry were down 2% in 2012 to just about $143 billion. That decline follows a 1% drop in sales in 2011. Overall, consumer technology sales have declined $4 billion since 2010, according to NPD. ...
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Consumer Electronics Show and Innovation's Impact On Radio
RAB Will Be Covering the Consumer Electronics Show in Las Vegas Next Week
In an AdWeek interview, Gary Shapiro, president and CEO of the Consumer Electronics Association, says this year will be the biggest show ever.
Two areas that will be hot according to Shapiro are car technology and mobile, both potentially affecting the way consumers use radio. ...
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Apple Drives Comeback of the Retail Computer Store
The war for supremacy among the nation's most advanced technology companies is spilling over into an unexpected place: the brick-and-mortar store.
Last Friday, Apple's otherworldly success was on full display at its stores as long lines of customers waited to get their hands on the new iPhone 5. Meanwhile, Microsoft, which is racing to challenge Apple in mobile technology, is significantly expanding its retail footprint this year. ...
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CE Industry Will Face Second-Half Challenges
The consumer electronics industry may be in for a rocky holiday season, as early promotions, lean inventories, an unstable economy and a surfeit of legacy products produce a volatile brew for the back half of 2012. ...
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Demand For Installed Home Tech Growing
Installed home technology is strongly solidified in builders' portfolios of services and offerings, according to the Consumer Electronics Association's "10th Annual State of the Builder Technology Market Study."
Entertainment and automation solutions are helping builders differentiate their businesses, while more common home technologies like structured wiring are necessary to compete effectively in the market. ...
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Smartphones, HDTVs Are the Most Planned CE Purchases This Year
Smartphones and HDTVs are the top consumer electronics products U.S. households plan to purchase over the next 12 months, according to a new study by the Consumer Electronics Association.
The 14th Annual Household CE Ownership and Market Potential Study also shows that household penetration rates for tablet computers will see their largest growth this year. ...
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CE/Appliance Dealers Achieve Success Through Diversification
When the going got tough in consumer electronics and appliances, the toughest dealers got going by broadening their assortments into new and varied product categories.
Recalling their entrepreneurial spirit -- and leveraging the web and their buying groups -- retailers have ventured beyond their comfort zones to mine fresh profits from the prosaic (mattresses), the trendy (designer sunglasses), and just about everything in between. ...
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What CES Means to Radio Salespeople and Managers
There has been plenty of coverage of the 2012 International CES. The new product announcements, celebrity appearances, and awards for "Best in the World" at the Consumer Electronics Show captured the attention of consumers.
There were three important aspects salespeople and managers can learn from the recent Show. ...
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CE Industry to Reach Record-High Revenues in 2012
Mobile Connected Devices Driving Overall Industry Revenues
In 2012, the consumer electronics (CE) industry will surpass $200 billion in overall revenues in the U.S. for the first time, according to the latest semi-annual industry forecast from the Consumer Electronics Association (CEA). CEA released the forecast last week at the 2012 International CES. ...
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Consumer Electronics Show All About Connectivity
The 2012 International CES has been taking place this week in Las Vegas. You have probably been reading in the general interest media and tech sites about many of the announcements. Looking past the Hollywood stars, sports legends and musical icons appearing, there have been displays of every conceivable consumer electronic device, current and futuristic. ...
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One in Three Online Consumers to Use a Tablet by 2014
Tablet devices, in their current incarnation, have only been available for a couple years, but the iPad has propelled them to rapid increases in ownership and usage.
eMarketer estimates that by the end of 2011, 33.7 million Americans will use a tablet device at least monthly -- a rise of 158.6% over last year, the year the iPad was released. ...
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Holiday Spending on Consumer Electronics Expected to Rise
Consumers plan to spend six percent more on electronics as Christmas gifts this year than last, according to the Consumer Electronics Association's 2011 Holiday Sales and Forecast.
Released at CEA's recent Industry Forum in San Diego, the report found that consumers plan to allocate an average of $246 each on consumer electronics spending this holiday season, compared with last season's average of $232. ...
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E-Readers are for Boomers, Smartphones for Millennials
There's a mobile device for every age group. New findings from media research firm Affinity suggest the growing range of connected gadgets entering the mainstream are attracting distinct audiences. The way it breaks down: E-readers are for baby boomers, PC tablets for Gen Xers, and smartphones for Millennials. ...
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Mobile Connected Devices Boosting Sales of Consumer Electronics
The consumer electronics industry will have stronger than anticipated growth in 2011, according to the semi-annual industry forecast released on Monday by the Consumer Electronics Association.
The industry is estimated to surpass $190 billion in overall shipment revenues this year, a growth rate of 5.6 percent, which is higher than the previous projection from January. The U.S. Consumer Electronics Sales and Forecast (July 2011) also projects industry shipments will grow in 2012, reaching an all-time high of $197 billion. ...
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CEA Updates TV, Tablet, Camera Sales Projections
Plasma TVs are performing better while the overall TV market is still struggling, tablet PCs should be more popular in 2011 than originally projected, and digital cameras sales are still growing, despite competition from smartphones, according to the Consumer Electronics Association (CEA). ...
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Remote Diagnostics, Premium Audio, Connectivity Top Auto Buyers' Wish List
Remote vehicle diagnostics, premium audio systems and wireless connectivity top the list of 21 emerging technologies desired by U.S. car buyers, according to a study released last week.
Consumers also are increasingly searching for in-car technology to simplify and enhance their lives, says the 2011 U.S. Automotive Emerging Technologies Study by J.D. Power and Associates. ...
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Shoppers Spending Less on Consumer Electronics
The average U.S. household spent $1,179 on consumer electronics (CE) products in the past 12 months, down $201 from last year's findings, according to a new study released this week by the Consumer Electronics Association (CEA).
CEA's 13th annual Household CE Ownership and Market Potential Study found that the average adult spent $652 on CE products in the past 12 months, down from $794 the 12 months before. ...
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Tablets Change Media Behavior; iPad Still King
Despite a flood of new competitors this year, the iPad is by far the biggest brand when it comes to tablet computers. Some 82% of consumers who own tablets have an iPad, according to a new survey by Nielsen. Among the rest, 9% have devices falling into the "other" category, 4% have a Samsung Galaxy Tab, 3% have a Dell Streak, and 2% have a Motorola Xoom. ...
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CE Dealers Prepare for 'Dads and Grads' Sales Events
After a long, hard winter across the country, consumers will be moving into the mid-year months looking to shake their cabin fever and to loosen up their purse strings. Consumer electronics retailers, along with the distributors and buying groups that serve them, believe the "Dads and Grads" buying season, which extends for nearly seven weeks from early May through Fathers' Day, will be one target of that pent-up desire to spend. ...
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Super Bowl Consumer Spending to Hit $10 Billion
Consumers Will Purchase Plenty of Food and Beverages -- but also TVs and Team Apparel
Americans are planning to take a break from their spendthrift ways, at least for Super Bowl Sunday.
According to a new survey out from the Retail Advertising and Marketing Association, conducted by BIGresearch, total consumer Super Bowl spending is expected to reach $10.1 billion, the highest in the survey's eight-year history. ...
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Home Theater Gear is a Booming Business
Retailers Getting Ready for Post-Holiday, Pre-Super Bowl Sales Activity
Stores are selling more big-screen TVs and projectors for movies and games, creating a boom in sales of home theater furniture, a surprising bright spot for the hard-hit furniture business. ...
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Which Consumer Electronics Sold Best on Black Friday?
Portable MP3 players, video game consoles and accessories, and computers including notebooks and tablets were among the most popular electronics shoppers purchased this weekend, according to interim results from the Consumer Electronics Assn.'s Black Friday Survey. But despite the buzz surrounding stereo movies, the interim figures suggest that less than 5% of holiday shoppers bought 3DTVs. ...
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Holiday Sales Projections Look Encouraging for Consumer Electronics
Nearly three in four consumers who plan to spend money on gifts during the holidays intend to aim their dollars squarely at technology products -- the highest percentage of tech-leaning holiday shoppers in the 17 years the Consumer Electronics Association has been studying holiday shopping trends. ...
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The Demographic to Target for Holiday CE Sales
Choosing the right marketing strategy can get complicated for even the most savvy consumer electronics retailer. The target customer during the upcoming holiday season, though, is clear: Any household earning more than $75,000 a year. ...
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Bigger TVs, DVR and Wi-Fi among Hot U.S. Home Technology Trends
As Americans' voracious appetite for home entertainment and technology continues to expand and evolve, so do the devices, gadgets and accouterments to support the craving. Nielsen's Q2 2010 Home Technology Report identifies the key technology trends that are hot and the ones that have cooled based on a two-year trend review of self-reported survey data. ...
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