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What's Next For CES?

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    Consumer Electronics Association CEO Gary Shapiro weighs in on the future of consumer electronics.

  • Duration 3:54
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-- -- thanks so much Laurie -- this year's Consumer Electronics Show is on track to be the biggest ever but.

What next year Microsoft announcing this will be their final CES.

Will others dropout CO.

Shibani Joshi is in Las Vegas for -- three CDS of Consumer Electronics Association CEO and president -- -- -- as a money.

Qaeda -- right yes certainly in -- Microsoft announced in the fourth CS even began really.

Starting to shot Herat V -- that they talk I had at CES but.

-- so -- 2000 and -- -- to a great -- -- -- conference overall here to talk about the trends the impact and Microsoft an overall where he believes that consumer electronics is going Gary Shapiro the president and -- CEO of the Consumer Electronics Association.

Welcome thank you very.

Thanks for coming back great to have you -- thank you for having us back that we we we talk every single year.

And and really this gives us a really important gauge what will happen overall with the industry house conference in this -- and what's your big take away.

-- the big take away is never been more upbeat never been more innovation and never even been bigger we have more people more space.

More innovation exciting launches from so many major companies that this is clearly become the apex of innovation.

The world you don't have final tally and numbers yet do you say that this is the largest -- in terms of the number exhibitors numbers weren't my -- Absolutely we set records this year unquestionably which is nice it's a good harbinger of things for the year of the for the economy you know -- outpace the economy in terms of growth and technology out and we're projecting about three point 9% growth for -- for this year when he twelve.

Let's talk about the big announcement came ahead of CS is that Microsoft announcing that this is his last year to.

At ten CES one what is your response that you how you gonna -- the way.

First must not -- the announcement was that they are not -- -- the only company that she noticed about a dozen years zero.

And we simply agreed we needed change for our industry is about change.

So we mutually agreed that they were not you know next year they said they will be back and have a presence maybe not a business will be here W with a lot -- several hundred people we don't know what that don't have somebody presents they said they could not decide it's time to sign up for the it was so that was deserted -- done on this whole floors -- got on here.

Others to companies that DISH Network and a great Echostar company yes and also a Chinese company licenses thing.

All right they're already pushing for an already reacting to the news and a positive way while the way there that the system works -- is -- to.

Make a decision quickly we have to jump in Microsoft that could make that decision that they said they're gonna be here at this there was several.

There's always sort of also in part of the conversation Microsoft yes now making this announcement.

Companies that don't exhibit here Google apple face above the mean what is your thought on that -- everything and these companies will show -- and does -- -- matter.

You know it doesn't matter here's what the role here that I just introduced the when the top people.

I'm sorry YouTube -- noting her show.

On Google is here Eric Schmidt was -- -- -- we have apple is here with 300 companies as part of the apple ecosystem.

700 people and every one of those companies are seeing some cases over a thousand people.

Look we're probably about 8000 people in the industry -- 6000 what was.

Over 40000 people abroad yeah I messed up.

No it's -- we don't miss a visit every company makes your own decision about how to.

Have a marketing -- if they have nothing -- to show.

Maybe they shouldn't executing on the floor but they don't want -- that's not their marketing strategy doesn't exist yet but look we're almost always sold out for next year and we had a huge.

Put me so.

We're doing fine greatest innovations and finance all the companies you.

Well that's good -- hearing Gary Shapiro CEO -- is an electronics association if there's anyone who certainly has.

His polls on the -- at what's happening with consumer electronics and scary and it is alive and thinking as you can tell by -- his words and certainly -- in the presence surrounding.