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Transformative Tech

January 2, 2023

  • Author: Gary Shapiro CEO and Vice Chair, Consumer Technology Association

Tech innovation is making the nation more resilient in the face of crises. The pandemic has bolstered the relationship consumers have with technology. From working to learning, staying connected with family, friends and colleagues, and taking care of our health, tech is playing a crucial role in improving lives. Even though the U.S. is confronted with supply chain shortages, labor gaps and spiraling inflation, tech will help us keep pushing forward.

As technology continues to transform industries and businesses, consumers’ lives are enriched with enhanced safety, efficiency and an expanding array of choices. And it is entrepreneurs with an innovative mindset that are driving this new surge of technology, products, services and apps.

Retail sales revenues for the tech industry are soaring to a record-breaking $487 billion in 2021 – a 7.5% jump year-over-year. This innovation is driven by extraordinary consumer demand for tech related to work, school and lifestyle, according to the twice-yearly U.S. Consumer Technology One-Year Industry Forecast produced by the Consumer Technology Association (CTA)®. 

To provide context on the transformation taking place, CTA produces Five Technology Trends to Watch each year. CTA analysts select five top trends to explore how these areas could impact the industry going forward and the opportunities ahead. For the 2022 edition, the focus is on FinTech, Cybersecurity, the Future of Transportation, Food Tech and Digital Therapeutics to see how these areas are reshaping the way we live.

As the global stage for innovation, CES® 2022, owned and produced by CTA, will take place in-person and digitally Jan. 5-8. ll those who attend CES in Las Vegas, along with all-access registrants, can watch keynotes, conference programming and exhibitor activations in the digital venue through Jan. 31, 2022. 

CES is the best place to see the technologies on the horizon. Stop by the CES Innovation Awards showcase that recognizes the technologies of the future and Eureka Park where startups introduce their ideas and business models to the world. Come learn about amazing advances in health monitoring, robotics, virtual reality, machine learning, self-driving and electric vehicles, drone deliveries, and facial and voice-based security. New technologies are solving real problems and making the world brighter for global citizens.

Come see the potential of technology to connect the world and empower each of us. For the most up-to-date information, visit CES.tech.

Gary Shapiro
CTA President and CEO 

Join our community of innovators and shape the future of technology.

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