LAS VEGAS: Global spending on consumer technology is expected to slip this year due to factors including a strong US dollar and political uncertainty prompted by Brexit and President-elect Donald Trump.

Consumer Technology Association senior director of market research Steve Koenig revealed the US trade group’s new forecast here late Tuesday, predicting the amount of money people around the world spend on smartphones and other gadgets this year would tally $929 billion as compared to $950 billion in 2016.

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