Energy News  
SPACE TRAVEL
US gadget love forecast to grow despite trust issues
By Rob Lever, Glenn CHAPMAN
Las Vegas (AFP) Jan 7, 2019

The US tech industry is weathering a crisis of confidence over data protection and a difficult geopolitical situation, with record sales expected in 2019, organizers of the Consumer Electronics Show said Sunday.

The Consumer Technology Association (CTA) predicted that US retail revenue in the sector would climb to a record high $398 billion this year.

The forecast was unveiled ahead of the opening of the giant fair which from January 8-11 will showcase the newest tech in mobile computing, health, sports, automobiles, agriculture and more.

"There are so many cool things happening in the consumer electronics industry right now," said CTA vice president of market research Steve Koenig.

Trends gaining momentum, and expected to be on display on the CES show floor, included super-high resolution 8K televisions, blazingly fast 5G wireless internet, and virtual aides such as Google Assistant and Amazon's Alexa woven into devices of all kinds.

CTA director of market research Lesley Rohrbaugh pointed out that "digital assistants are going into everything."

The CTA forecast revenue growth in the US for smartphones, speakers, homes and watches along with televisions, drones, "in-vehicle tech," and streaming services.

- Outlook clouded -

The upbeat outlook, however, has been tempered by concerns about trust and a simmering trade war with China which has seen President Donald Trump slap hefty tariffs on imports of tech products.

Gary Shapiro, president and chief executive of the CTA, said the dramatic drop in sales of US goods to China reported by Apple and other firms suggests potential troubles ahead.

"If China catches a cold we get the sniffles," Shapiro told AFP in an interview during the CES media preview day.

"The economies are interrelated now. It's something President Trump doesn't quite understand... President Trump's motives are appropriate but his tactics are inappropriate."

The trade event features 4,500 exhibitors across 2.75 million square feet (250,000 square meters) of exhibit space showcasing artificial intelligence, augmented and virtual reality, smart homes, smart cities, sports gadgets and other cutting-edge devices. Some 182,000 trade professionals are expected.

Visitors are likely to see more dazzling TV screens, intuitive robots, a range of voice-activated devices, and folding or roll-up smartphone displays.

- Data deluge -

There will be a focus on artificial intelligence that can "personalize" a user's experience with a device or a car, or even predict what someone is seeking -- whether it's music or medical care.

But because this ecosystem is built around data, confidence has been eroded by scandals involving Facebook, Google and other guardians of private information.

"Everywhere you go, data is going to be the common denominator," Koenig said while discussing CES trends.

"We are transitioning into the Data Age; I think it is going to be a little bit like 'The Matrix'," he added, referring to the hit 1999 science fiction film.

Shapiro said he believes the industry is capable of self-regulation, but that Congress could likely act as a result of data protection scandals.

But he said the US should not follow the example of Europe's General Data Protection Regulation (GDPR), saying that it is "stifling innovation."

"We want to balance innovation with data collection and it should be situational," he said.

"If your car is about to hit another car, privacy is irrelevant. But if you're talking about someone's medical history, that's very important."

gc-rl/ska

CTA HOLDING

APPLE INC.

Facebook

GOOGLE

AMAZON.COM

ELI LILLY & CO


Related Links
Space Tourism, Space Transport and Space Exploration News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


SPACE TRAVEL
Smell and stress sensors a smash at Tokyo tech fair
Makuhari, Japan (AFP) Oct 17, 2018
State-of-the-art sensors that can measure stress levels, mood, posture, performance and even smell took centre stage at Asia's top high-tech fair in Tokyo. The big-screen TVs and entertainment systems that were all the rage 10 years ago at the CEATEC fair have gradually been replaced by tiny sensors that accurately measure the minutest facet of the human body - a Japanese speciality. Electronics giant Panasonic showcased a prototype of an armchair that measures how much the user's hands sweat a ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SPACE TRAVEL
Reliable tropical weather pattern to change in a warming climate

Research reveals 'fundamental finding' about Earth's outer core

First detection of rain over the ocean by navigation satellites

New threat to ozone recovery

SPACE TRAVEL
First GPS III satellite launched, moving toward operational orbit

First Lockheed Martin-built GPS 3 satellite responding to commands

First Lockheed Martin-Built GPS III satellite encapsulated for Dec. 18 launch

Spire Taps Galileo for Space-Based Weather Data

SPACE TRAVEL
Trees' enemies help tropical forests maintain their biodiversity

Nine forest vital signs reveal the impacts of the climate

These nine measures reveal how forests are controlled by climate

New Brazil environment minister downplays misconduct conviction

SPACE TRAVEL
Tel Aviv researchers develop biodegradable plastic from seawater algae

A lung-inspired design turns water into fuel

Greener days ahead for carbon fuels

Obtaining polyester from plant oil

SPACE TRAVEL
Stabilizing 2D layered perovskites for photovoltaics: setting up a defensive wall

Stanford team locates nearly all US solar panels in a billion images with machine learning

How to spot every solar panel in the United States

Costa Rica hits renewable energy mark for fourth year in a row

SPACE TRAVEL
Upwind wind plants can reduce flow to downwind neighbors

More than air: Researchers fine-tune wind farm simulation

Widespread decrease in wind energy resources found over the Northern Hemisphere

Wind power vulnerable to climate change in India

SPACE TRAVEL
Spain to see exploitation end in all coal mines

With final goodbye, Germany shutters last black coal mine

Global coal demand up for second year in a row

EU electricity reform calls end to coal subsidies

SPACE TRAVEL
Arrests fuel anxieties among China Canadian expats

China to mark Year of the Pig with "Peppa Pig" movie

Canadian teacher detained in China is freed

China university students protest Marxist group shakeup









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.