The Consumer Electronics Association has released a study showing that US adults are seemingly happy to whip out the credit card to own the latest technologies, spending around $1200 per year on the goodness of gadgetry.

In what must be bringing joy to the hearts of US, European, Japanese, Korean, Taiwanese and Chinese technology companies, the US CEA (Consumer Electronics Association – the company behind the massively popular and successful ‘Consumer Electronics Show’ in Las Vegas each year) says that US adults spend around $1200 per year on the latest technologies.

This information comes from the “9th Annual Household and Teen CE Ownership and Market Potential Study”, which also reveals the “most owned CE products and tracks the growth rates of popular product categories”, a report that is free to CEA member companies, and available to anyone else from www.ebrain.org for a cost of US $999.

Somewhat predictably, given their enormously popularity worldwide, the report tells us that the top five growth sectors are “digital video recorders (DVRs), network routers or hubs, MP3 players, cable modems and digital cameras”.

Digital cameras and mp3 players are enormously popular items globally, cable modems are essentially for broadband access through cable networks which are everywhere in the US, network routers and hubs allow consumers to network multiple computers together to share a broadband Internet connection, and digital video recorders, such as ‘TiVo’ and other devices, have long been mega-popular in the US where hundreds of channels are the norm for most cable TV viewers over there.

hmm… gadgets and gizmos? Who wants that stuff anyway!?

Source: Itwire

~LC