Tech Revenue To Hit Record $398 Billion in 2019

Artificial intelligence (AI) and fast internet connectivity, both critical ingredients for smartphones, smart home devices and smart speakers, will drive the U.S. consumer technology industry to a record-breaking $398 billion in retail revenues in 2019. That’s $301 billion wholesale and 3.9% year-over-year (YOY) growth, which includes streaming services revenue, according…