TECH
07/16/2014 01:50 pm ET

Consumer Electronics Industry Revenues to Reach All-Time High in 2014, Projects CEA's Semi-Annual Sales and Forecasts Report

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The new U.S. Consumer Electronics Sales and Forecasts report projects that total industry revenue will reach a record $211.3 billion in 2014; a steady, two percent increase from $207 billion in sales in 2013. This midyear update is in line with CEA’s projection in January, slightly adjusted after better-than-expected 2013 revenue growth. Looking ahead to 2015, CEA expects industry sales to grow by 1.2 percent, with industry revenues reaching another all-time high of $214 billion.

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