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iPad and Tablet Market Will Boost Tech Revenue

Written on July 19, 2011 by Lulu

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The Customer Electronics Association, a technology advocacy group, predicted that iPad and tablet market will raise the tech revenue to $190 billion.

The Consumer Electronics Association said on Monday that Apple’s iPad and the rest of the tablet market will definitely boost the entire whole home technology industry by 60%.

Originally, the CEA predicted a 3.5 percent yearly increase in 2011. However they’re now convinced that tablets would push the growth to 5.6% or $190 billion. Tthe spike would be $4 billion more than they thought, and would see more than 7% or $14 billion of the industry’s revenue coming from tablets alone.

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