An insane $0.8 trillion of a $2.1 trillion market.
Bugger the recession, Gartner reckons spend on consumer tech will rise $114 billion in 2012 compared with 2011, and will reach a staggering $2.7 trillion by the end of 2016.
The market broadly constitutes devices based around mobile, computing, media and entertainment, plus all the services that make them useful.
Mobile alone will hit $1 trillion by 2016, with devices accounting for ten per cent of the spend. That's $222 billion this year and $300 billion by 2016.
Gartner predicts that consumer spending on mobile apps stores and content will rise from $18 billion in 2012 to $61 billion by 2016.
And the other great growth area will be digital books, news and magazines – up from $5 billion in 2012 to $16 billion by 2016.
"The three largest segments of the consumer technology market are, and will continue to be, mobile services, mobile phones and entertainment services," said Amanda Sabia, principal research analyst at Gartner.
"There are two product classes, which in terms of absolute dollars are significantly smaller, but offer tremendous growth by 2016. These are mobile apps stores and e-text content. We fully expect consumers to more than triple their spending in these latter two categories by 2016."
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