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CES 2013: Global Technology Industry To Surpass $1 Trillion This Year

 
John Gaudiosi
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John Gaudiosi is co-founder of GameHub Content Network and Editor-In-Chief of GamerHub.tv. He's covered the video game industry for 20 years for outlets like Reuters, The Hollywood Reporter, Forbes, CNN, Entertainment Weekly, Geek Magazine, NVISION and Tegrazone. 

 Published January 9, 2013 9:51 AM

Keynotes from Panasonic, Verizon and Next Generation of Innovators kicked off Las Vegas consumer electronics trade show.

Major product launches from more than 3,250 exhibitors and keynotes from the leaders of Panasonic, Verizon and the Next Generation of Innovators panelists kicked off the 2013 International CES on Tuesday. Owned and produced by the Consumer Electronics Association (CEA), the 2013 International CES, the world’s largest annual innovation event, runs through Friday, January 11 in Las Vegas, Nevada.


 
“Opening day of CES was abuzz with products and technologies that allow seamless connection to devices so that we can do everything from enjoy content to monitor health and find smarter ways to manage our homes,” said Karen Chupka, senior vice president of International CES and corporate business strategy.
 
Gary Shapiro, president and CEO, CEA, delivered the State of the Consumer Electronics (CE) Industry address Tuesday morning. Shapiro projected that CE industry revenues will reach a record-high $209.6 billion, domestically, up nearly three percent from an estimated $203.9 billion for 2012. He compared the strength of the 2013 CES to the success of the global technology industry which will exceed $1 trillion in 2013.
 
Shapiro also cited innovation as the cornerstone to global industry and economic growth. To stay in front of the pace of innovation, he noted that top companies must operate as an elite strike force, going beyond the ordinary to perform truly extraordinary tasks and take risks along the way.

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