CTA: Smartphones will soon rival TVs

Smartphones are becomming more and more common among the consumers in the US. According to CTA research smartphones will soon rival TVs as the most owned tech product with 87 % ownership versus 96 % for TVs. It is estimated that smartphones will match with TVs during the next five years.

New emerging tech categories include also for example Amazon Echo and Google Home. The ownership has risen to 22 percent.

Smartwatches are also gaining growth to 18 % of the US households. The increase is 6 % from year ago.

The CTA research was done during the Feb-March 2018 and it included 2016 persons.applewatch_nylon_photo_4

 

Lifestyle Tech

US tech sales to new record this year – 351 billion dollars

The US tech sales will make a new record this year. According to CTA, the Consumer Technology Association, the revenue will grow to 351 billion dollars. This is 3,9 % increase from year earlier.

According to the study, the growth will come from Smart Home, Smart Speakers and Virtual Reality products & services. Although the growth is strongest in the emerging technologies,  the volume sales come from the “old products” like smartphones, + 3% increase to 62,9 billion dollars or automotive electronics +5,1 % to 15,9 billion dollars.

Amazon Echo and Google Home -type smart speakers will get 3,8 billion dollars revenue, increase with 93 %. Smart Home sales will increase by 34 % to 4,5 billion dollars and virtual reality services + 18 % to 1,2 billion dollars.

Wearables, like smartwatches and health & fitness & sports products, will get 1 % increase to 6,4 billion dollars.

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Business

The future of auto at CES2016

PrintWhen I wrote about the same topic last year, I did not quess that so much would be happening in the auto industry. During the year for example the emission scandal in Volkswagen has been in the headlines, but also the self-driving and electric vehicles have been the main topics.

Maybe one of the reasons for this is, that automobiles are becoming more like mobile devices,

as Volkswagen´s (VW) keynote speaker Dr. Herbert Diess, member of the Board of Management of Volkswagen AG,  very good put it in his presentation in Las Vegas today.

The word largest consumer electronics fairs CES will gather around 150.000- 170.000 attendees during the show in Las Vegas this week. Also this has changed to be one of the main events for automakers as digital services and internet of things will change the driving totally.  There are more than 115 automotive tech companies in the exhibition, up 25 percent from a year earlier.

According to Consumer Technology Association internet of things will drive consumer tech industry to 287 billion dollars in revenues in the US.

One of the interesting things in the Volkswagen presentation was the future of automated driving. They have reinvented the Budd-e, now electric car, with direct connections to your home, kitchen devices and for example the doorbell. The company is also embedding environmental technology inside the car. Volkswagen´s partner in the home devices is LG. This long-distance, future zero-emission car will be ready for consumers at the end of decade.

– The world premiere of the BUDD-e shows the next step towards the mobility of the future. Its newly developed electric drive enables a driving range of up to 533 kilometers (NEDC) / 233 Miles (EPA estimated real-world driving range). One of its highlights is the charging cycle. It is possible to charge the battery to 80 percent of its capacity within just around 30 minutes, the company said in the press release.

During his presentation Dr. Diess told the audience several times, that the company is truly sorry and apologize the scandal. – We are working night and day in order to fix the 11 million cars, of which 8,5 in Europe, he continued.

The company also launched a new electric Golf-car, with more intelligence and voice commands inside the car. The selling will start later this year and one feature is that there is no buttons in the panel.

The company share price has fallen by 42,11 percent from June 2015 due to the emission scandal in the US and Europe.

Business Tech