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Report: CE State Of The Industry 2023

August 01, 2023

Not everyone is so sanguine about an H2 recovery, however. “With inflation touching virtually every category, spending on consumer electronics may not be a top priority at present,” argues Sarah Lee, a Parks Associates analyst. “Even ‘essential’ consumer electronics categories are subject to reduced sales performance resulting from the current economic climate. Purchases will pick up eventually, but this will not likely happen until 2024.”

Taken from the article, "Report: CE State Of The Industry 2023" by Stewart Wolpin.

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Report: CE State Of The Industry 2023

Previously In The News

As Cord Cutting Grows 85% of Americans 22–37 Subscribe to a Streaming Service

19% of US Broadband Homes Cancelled an OTT Video Service in the Past 12 Months

Almost 50% Smart Home Devices In U.S. Are Self-Installed, Parks Associates Finds

Report: Consumers’ Growing Appetite For Solar, Storage And Bundled Home Energy Services

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