It’s November, which means the countdown to the holiday season is on and the days we have for buying gifts are numbered. A new report from ARRIS says that 71% of folks surveyed are worried about how inflation will affect tech prices. Highlights from the report include:
- Nearly 1-in-5 plan on gifting electronics this holiday season
- 50% are planning on buying electronics products around Black Friday
- 71% are worrying about inflation’s impact on tech products
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Consumers are ready to drop some big bucks to get those new features with nearly half planning on spending more than $500 on new technology in 2023, and 14% ready to spend anywhere between $1,000-$2,000.
ARRIS is a company that “empowers the world’s top brands to produce smarter, lighter, stronger, and more sustainable products at scale.”
