Spending on technology will fall again in 2017


Spending on technology will fall again in 2017


Consumers around the world will spend 2% less on smartphones and other devices this exercise


  The electronics sector for the general public this week has its big annual meeting in Las Vegas, in a context of continuous fall in revenue due to political uncertainty, the strength of the dollar and the reduction of the pace of sales of smartphones.

Before the opening of CES Las Vegas, organizers predicted that the sector's revenues will continue to decline in 2017 for the fourth year in a row.

  Consumers around the world will spend 2% less, that is, 929,000 million dollars in smartphones and other devices, compared to 950,000 million in 2016, according to the American association of the sector, the Consumer Technology Association (CTA).

The director of market research at the CTA, Steve Koenig, said during a press conference in Las Vegas that this forecast is based on the "uncertainty after the election of Donald Trump and Brexit."

The revenues of the sector continue to depend largely on smartphones, which this year will represent 47% of the spending on electronics of the general public worldwide, although its growth - both in terms of sales volumes and revenues - begins to moderate

Smartphones, tablets, desktop computers, laptops, televisions, cameras and smart watches make up a set of equipment that is expected to contribute 28%, or $ 754 billion, in revenue in the technology industry this year.

This is the first time that smart watches are incorporated into what Koenig called "The Magnificent Seven", as the main revenue generators of the sector.

"We are seeing a lot of strength in smartphones," said Koenig. "Portable devices are generating a lot of innovation that stimulates growth."

In one of the first events of the exhibition, Chinese electronics giant Huawei announced the global launch of its medium-range Honor 6x smartphone, which includes a camera with dual lens technology aimed at young consumers.

The smartphone, which was launched in China last year, will be available this month in 13 new markets, including the United States, at a price of between 249 to 299 dollars, the company announced at CES.

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