Las Vegas, NV–Revenues from sales of consumer electronics are expected to increase nine percent during the upcoming holiday shopping season, according to a new CEA survey.
The survey is forecasting that overall holiday spending will increase 14 percent per average household (from $1,254 to $1,430) over 2004, factoring in gifts, decorations, food, travel, and other assorted holiday expenses.
According to the 1,000 randomly selected U.S. adults CEA interviewed by phone, consumer interest in buying a portable MP3 player has increased eight percentage points from 2004, from 20 percent to 28 percent. Revenues from sales of MP3 players are up 105 percent so far this year, according to CEA Market Research.
The randomly selected survey respondents included, in order of preference: plasma television, digital camera, laptop PC, big-screen TV, desktop PC, video game system, high-definition television, DVD recorder and home theater speakers or system. The gift-giving list included: portable MP3 player, digital camera, video game system, cordless phone, home DVD player, portable headset CD, game peripherals, DVD recorder, cell phone, and laptop PC.