U.S. Tech Market to Reach $537B in 2025 Amid AI Boom; Tariffs Threaten Laptop Sales

January 6, 2025
U.S. Tech Market to Reach $537B in 2025 Amid AI Boom; Tariffs Threaten Laptop Sales
  • The U.S. tech market is forecasted to grow by 3.2% in 2025, reaching $537 billion, up from $520 billion in 2024, unless a trade war arises due to proposed tariffs by President-elect Donald Trump.

  • However, the potential impact of these tariffs could severely affect sales, with projections indicating a possible two-thirds decline in laptop sales and significant repercussions for game console sales.

  • In the realm of artificial intelligence, a recent survey revealed that 93% of U.S. adults are familiar with generative AI, and 61% have actively used an AI tool.

  • The AI retail market is set to expand to $7 billion, driven in part by virtual try-on technology, which is expected to generate $2 billion as 64% of consumers report using AI tools for online shopping.

  • Gen Z, representing 32% of the global population and 27% of the OECD economic workforce, is the first digital native generation, with 60% of this demographic being early technology adopters in the U.S.

  • As the modern enterprise evolves, advancements in computing and AI technology are becoming crucial, highlighting the importance of software for maximizing semiconductor performance.

  • Moreover, various sectors are witnessing advancements towards autonomy, particularly in self-driving vehicles and aircraft.

  • Human security trends are expected to shape technology's future, focusing on energy transition and infrastructure resilience, with significant investments in nuclear power to support the rising demand for AI.

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