What Electronics Have Consumers Been Spending Their Money On?

You may not know it, or you may not know enough about it, but you are spending most of the time of your day on electronic products. In fact, we depend on these a lot to finish work, accomplish personal tasks and even entertain us! Not surprisingly, we unknowingly (or knowingly) spend a lot of money on electronic gadgets and equipment.

Here are the numbers related to electronic spending according to the Consumer Electronics Association or CEA:

• $1,312: the average amount spent by each household per year on consumer electronics, according to a 2012 CEA study.

• $206 billion: theUS annual electronic consumer sales in 2012, as driven by the rise in the sales of tablet computers and smartphones.

• 796 million: the number of Apple devices sold in 2013, namely iPhone, iPad and iPod

• 7.5 million: the estimated number of televisions bought in 2013 to watch the Superbowl

Flickr.com / Phil Campbell

 Indeed, society has come a long way as electronics consumers. The numbers say it all!