Tablets, a growth item (AFP)
Overall consumer spending on technology after the financial crisis has been flat, resulting in an overhang of inventory for manufacturers at the end of the second quarter this year. As is the case for a number of industries, emerging markets are the only bright spot with consumer spending staying flat or, in select cases, increasing. The total technology spending in emerging markets has climbed at a compound annual growth rate (Cagr) of 7.2% since 2002, as opposed to a negative figure for the US and Europe over the same period.
