Expect historic consumer spending on tech in 2025 — but only if the Trump tariffs don't happen, industry group says

• Consumer tech spending could hit $537 billion in 2025, the Consumer Technology Association said.
• However proposed tariffs by President-elect Donald Trump could cut into that projected revenue.
• The CTA said tariffs could increase tech prices and lower consumer purchasing power by billions.

Consumer spending on tech could hit a record high of $537 billion this year, according to a new report from the Consumer Technology Association.

But those projected retail revenues might not be met if President-elect Donald Trump follows through on promises of sweeping tariffs.