Category Archives: IDC

Consumer spending on technology to reach $1.32 trillion in 2019

Consumer spending on technology is forecast to reach $1.32 trillion in 2019, an increase of 3.5% over 2018. Consumer purchases of traditional and emerging technologies will remain strong over the 2018-2022 forecast period, reaching $1.43 trillion in 2022 with a five-year compound annual growth rate (CAGR) of 3.0%, according to IDC. Consumer purchases of traditional and emerging technologies will remain strong over the 2018-2022 forecast period, reaching $1.43 trillion in 2022 with a five-year compound … More

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