Technology sales to see modest declines

PORT WASHINGTON, N.Y. — The NPD Group expects 2022 and 2023 will see 6% and 3% year over year revenue declines, respectively, but remain above 2019 industry sales as a result of higher average selling prices (ASPs). Looking forward to the 2022 holiday season (Q4), consumer technology industry revenue is expected to be down vs. 2021,