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According to the Consumer Technology Association (CTA), more consumers than ever plan to give technology gifts this season. CTA says that 68 percent, or roughly 170 million people – plan to buy technology gifts this holiday season, a six percent increase over last year, according to the latest annual research from the CTA. The 23rd Annual Consumer Technology Holiday Purchase Patterns Study shows emerging technologies including drones, virtual reality and wearables will pervade holiday wish lists this year. According to CTA's holiday retail forecast, spending on tech will increase 3.1 percent to reach $36.05 billion during the 2016 holiday season. The forecast also shows overall retail sales in November and December, excluding gas and restaurant sales, are expected to increase a strong 3.8 percent to $824.8 billion year over year. Read More



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