VR technology, OLED (organic light-emitting diodes) TVs and drones are all projected to surpass the $ 1 billion revenue figure for the first time in 2017. That is according to the Consumer Technology Association, which released its semi-annual “U.S. Consumer Technology Sales and Forecasts” report.
The CTA estimates that technology revenue growth will be 3.2% in 2017, $ 321 billion of that retail and $ 251 billion wholesale.
Sales of connected devices are projected to reach a record 635 million units, up 6% over 2016. Among those, 4K ultra hi-def TVs, one of the fastest-growing segments, are projected to hit 16.7 million units, a whopping 59% increase over 2016 and generating $ 14….
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