Global tech sales to surpass US$1 trillion

LAS VEGAS – Smartphones and tablet computers will help push worldwide consumer electronics spending over US$1 trillion this year but growth is sluggish compared to last year, according to industry analysts.

‘Most product categories are slowing down or going into contraction,’ Steve Bambridge, global business director for GfK Boutique Research said Sunday ahead of the annual Consumer Electronics Show (CES) in Las Vegas.’Really there’s two main exceptions: tablets and smartphones,’ Bambridge said at a briefing for reporters before the official opening today of the high-tech gadget extravaganza.GfK and CES sponsor the Consumer Electronics Association (CEA) forecast that global spending on technology products will grow five per cent in 2012 to US$1,04 trillion compared to eight per cent growth last year and US$993 billion in sales.GfK and CEA said they expect smartphone sales to grow 22 per cent this year compared with 59 per cent last year while overall tablet sales are expected to double to more than 100 million this year.As demand slackens in the United States and Western Europe grapples with an economic crisis and wobbly euro emerging markets such as Brazil, China and India will increase their share of spending on consumer electronics, GfK and CEA said.Emerging economies are expected to account for 46 per cent of global tech sales revenue in 2012, up from 37 per cent in 2008, while developed economies will see their share fall to 54 per cent from 63 per cent over the same period.CEA chief economist Shawn Dubravac said he expects more than 20 000 new products to launch at CES, which brings together over 2 700 exhibitors from around the world to the cavernous Las Vegas Convention Centre.Desktop personal computers on the other hand are a category of device which is ‘in decline if not completely dead’, said CEA director of industry analysis Steve Koenig.Television sales, meanwhile, are expected to be flat with whatever growth there is coming from emerging markets.DuBravac said he expects to see more televisions capable of connecting to the Internet as the convergence of the Web and the TV set ‘evolves quite rapidly’.DuBravac said 12 per cent of the TV sets sold in the United States in 2010 were Internet-enabled but nearly half of all televisions shipping in the US in 2012 will be able to tap into the Web.He said he expected more products to incorporate gesture or voice control – features of Microsoft’s Kinect game console or Apple’s iPhone 4S voice assistant Siri – providing a ‘much more natural experience for many users’.There also may be hope for anyone ever faced with the bewildering array of buttons on a television remote control.’I think 2012 will be the year of the interface,’ DuBravac said, with an emphasis on moving from ‘complexity to simplicity’. – Nampa-AFP