The CES 2021 keynote from Hans Vestberg, CEO of Verizon, highlighted the potential of 5G technology. The next generation in wireless technology is being used to improve education, smart cities and NFL stadiums as the network expands. As economic activity picks up in 2021, and more 5G handsets hit the shelves, smartphones will benefit from pent up demand and excitement for next generation wireless technology. This year, 161 million smartphones will ship, up 4% from 2020, and 42% of those handsets will be 5G-enabled.
Products like Bosch’s Hemoglobin Monitor and Omron’s VitalSight service put the spotlight on connected health monitoring devices, which can help people identify health conditions and manage chronic conditions. These devices will generate $845 million in 2021, up 34% over last year. Devices like AirPop’s Active+ Mask, disinfectant technologies like Targus’ anti-microbial backpack and UV-C lights, and touchless technologies also demonstrated the industry’s ability to battle COVID-19 transmissions.
There was no shortage of robots at CES, with 232 exhibitors showing off their automations. Robots are getting better at navigating our homes and identifying objects making for more useful personal companions.
Shipments of robotic vacuums, floor washers and lawnmowers will increase 13% to 4.6 million in 2021.
CES also featured numerous smart home enhancements. Companies such as Kohler, Moen, LG and Samsung announced everything from smart appliances to smart showers and bathtubs. Other companies expanded their offerings to include security, lighting and energy management devices that help around the home. Smart home products will generate $15 billion in revenues in 2021, up 3% over 2020.
Despite the health crisis, innovation is continuing to drive industry growth and it will make 2021 yet another exciting year in consumer tech.
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