Categories: News

Americans will spend $537 billion on gadgets in 2025

American consumers will spend a record $537 billion on new apps, devices and gadgets in 2025, according to the Consumer Technology Association's (CTA) annual forecast. But that outlook is under threat from Donald Trump's proposed tariffs, Brian Comiskey said at CES 2025 in Las Vegas.

The CTA projects retail revenue growth of 3.2% compared to 2024, which would be a new record for the U.S. consumer technology market. However, Trump’s tariff plans, which include tariffs on technology imports, could lead to a significant reduction in Americans’ purchasing power.

“Tariffs on technology products could lead to a reduction in U.S. purchasing power of $90 billion to $143 billion”, – Comiskey emphasized.

The CTA report, published earlier in October, considered two tariff scenarios:

  • 10% or 20% tariffs on all goods imported
  • 60% tariffs on imports from China.

If these measures are implemented, prices for laptops and tablets could increase by 46%, game consoles – by 40%, and smartphones – by 26%. This could lead to a decrease in sales of:

  • tablets and laptops – by 68%,
  • game consoles – by 58%,
  • smartphones – by 37%.

But without new tariffs, the technology industry is poised for a “supercycle” of consumer spending, as Comiskey said. This is because new devices such as computers, tablets and smartphones offer exclusive AI-based features, such as Apple Intelligence or Microsoft Copilot+.

Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

Share
Published by
Natasha Kumar

Recent Posts

The PR -agency that was actively working in favor of the enemy was exposed in the Kyiv region – the prosecutor's office

< IMG SRC = "/Uploads/Blogs/58/0F/IB-FRFB82F6S_97570526.jpg" Alt = "in Kyiv region exposed a PR-agency that actively…

1 hour ago

Fraudsters in Ternopil region have been outlined in women over 95,000 hryvnias because of false payments

< IMG SRC = "/Uploads/Blogs/BD/70/IB-FRF5C4IJB_F2DD176C.jpg" Alt = "fraudsters were blown away in women over 95,000…

1 hour ago

Confession before Easter. What sins you have to confess from

For many believers, the upcoming Easter period is a time of spiritual reflection and internal…

2 hours ago

Taken from life. “My husband decided to take children from the first marriage to us”: he wants us to be a great family

When we met, I knew he had a past. < img src = "https://zycie.news/crrops/34ab40/620x0/1/0/2025/04/03/gkeh0e9fzobeww6fub9xgqqsmplguakyzufzmi.jpg" alt…

2 hours ago

French developers presented an innovative machine gun sight Ironsnake equipped with a thermal imaging

< IMG SRC = "/Uploads/Blogs/82/35/IB-FRFATHKB1_999EA2A6B.jpg" Alt = "French developers presented an innovative machine gun sight…

3 hours ago

Ukrainian weapons have created a new UAV that destroys armored vehicles and resistant to the Reb

< IMG SRC = "/Uploads/Blogs/05/Be/IB-FRFAU2KT7_E25B845D.jpg" Alt = "Ukrainian Weapons created a new UAV that destroys…

3 hours ago