The Consumer Electronics Association today released their updated forecasts in a report called The U.S. Consumer Electronics Sales and Forecasts – a semiannual report put out every January and July. The new forecasts show the CEA has scaled back their 2013 forecast substantially from the one released earlier this year, but still expect a small increase of just under .2% to $202.6 billion from last year’s $202.3 billion.
CE Week kicked off last week with a Research Summit where the Consumer Electronics Association’s (CEA) market research experts presented the latest market data, along with their assessment of its meaning – and their prognostications for the future. In past years, this was a presentation that was included as part of the Line Show – now it has been split off as a separate day-long event including not only raw data, but various discussion panels as well.
And the data did not disappoint… [Read more…] about Praying at CEA’s Church of Data Dominion
One of the benefits of attending the 2012 CEA Line Show in NYC is that the sponsoring trade group (Consumer Electronics Association) brings their resident economist who provides the latest market research data of where the industry is now…and where he thinks it will be at the end of the year after the holiday selling season. He’s not always right…but he is always interesting. And this year, as always, there was a mixture of good news and mostly bad news.
See the latest CEA data – much of it surprising. Do you agree with their areas of opportunity?… [Read more…] about Latest CEA Industry Data Shows Shocking Struggles, Are We Headed for a ‘Meltdown’?
The 2012 CEA Line Show wrapped up today and as usual, it was a combination of mind-numbing “me-too” posers, mixed in with a handful of some real, creative, innovators. The problem is, it took a lot of patience to wade through all of the literally hundreds of booths, and thousands of people to dig through muck…and find the gems.