The Internet of things (IoT) will help lead the U.S. consumer technology industry to record-setting revenues in 2016, according to a report from the Consumer Technology Association (CTA).
CTA’s retail revenue projection for 2016 is $287 billion. Its wholesale revenue projection is $224 billion. In video, smart TVs are projected to sell 27 million units in 2016, a 13 percent increase over 2015.
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