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Women Buy More Gadgets Than Men

It might come as quite a shock to the lads out there who think all toys are for boys because latest research from the US is showing that women, not men, are the leading purchasers of wireless gadgets.

According to industry body, the Consumer Electronics Association (CEA), women are outspending men by shelling out $55bn a year compared to $44bn for men. Woman_gadget This is a real turnaround in an industry stereotypically fuelled by gadget-obsessed men. In addition, women are influence almost 90 per cent of all purchases. The results come from the U.S. Consumer Electronics Sales and Forecasts 2002-2007 report and have been announced today as part of International Women’s Day on March 8. Overall, the industry is looking good – better than expected.

Todd Thibodeaux, CEA's senior vice president of industry relations, said sales have exceeded earlier conservative forecasts.

“We originally forecast eight percent growth, but when all was said and done, we saw an impressive 13 percent growth for the year. Consumers started the year investing in innovative consumer electronics products and seemingly never stopped. With the 2007 forecast, we see the consumer love affair with technology continuing at a healthy clip.”

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