Consumer technology sales boomed during the Covid pandemic as at-home workers, students and consumers shifted spending from services and experiences to digital technology. Now the shift is going the other way, as consumers spend more on services (experiences such as travel, restaurant meals, hotel stays) as stay-at-home restrictions have eased.
That trend reversal could affect home broadband net additions, mobile phone sales, mobility subscriptions, streaming video subscriptions or other data center, connectivity and app trends built on more stay-at-home pursuits.
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