Facts about Consumer Electronics
Global revenues total 1.1 trillion U.S. dollars by the end of 2023
Comprises 7% of 1NCE customer base
1NCE is used most prominently for wearables, pet and bicycle tracking and smart home appliances
Top regions: France, Great Britain, Hong Kong (China), Poland, Germany, Netherlands, Switzerland, Spain, Greece, Italy
Facts about Consumer Electronics
Global revenues total 1.1 trillion U.S. dollars by the end of 2023
Comprises 7% of 1NCE customer base
1NCE is used most prominently for wearables, pet and bicycle tracking and smart home appliances
Top regions: France, Great Britain, Hong Kong (China), Poland, Germany, Netherlands, Switzerland, Spain, Greece, Italy
Consumer electronics (CE) are going to expand in the upcoming years, resulting in earnings of approximately 1.1 trillion U.S. dollars worldwide in the end of 2024 and achieving a growth rate exceeding 4% according to Statista. From smart homes to wearables, IoT is changing the way we interact with devices, prioritizing connectivity and convenience in Consumer Electronics field. The rapid growth of consumer electronics, driven by its ability to enhance user convenience, improve efficiency, and offer personalized experiences, aligns with 1NCE client base's evolving needs and preferences, making it highly relevant to IoT. Over 7% of our customers come from Consumer Electronics from France, Great Britain, Hong Kong (China), Poland, Germany, Netherlands, Switzerland, Spain, Greece, Italy, and other markets.
Source: Transforma Insights
Learn more about specific IoT use cases within the consumer electronics industry:
IoT Wearables
IoT-powered and smart devices like smartwatches, fitness trackers, and health monitors that help to transmit real-time health, fitness, and location data.
Consumer Asset Tracking IoT
IoT-enabled solutions that give insights on the location and status of people and assets like bikes, luggage, and vehicles.
Service Robotics IoT
Connected robots that support with tasks across infrastructure, healthcare, and retail sectors.
Pet Tracking IoT
Pet tracking and smart pet care technology is often lifesavers – a built-in compass with a benefit knowing pets are safe on their adventures. Generating constant alerts and defining geographic perimeters helps to reduce anxiety and uncertainty as well as the possibility of accidents when pets are missing.
Below find some other popular use cases within the industry:
Category | Subcategory | Use Case |
Wearable Devices | Smart Watches | Health monitoring and fitness tracking |
| Fitness & Activity Tracking | Personal fitness and activity monitoring |
| Smart Glasses | Augmented reality and heads-up displays |
| Head-mounted Displays | Virtual reality and immersive experiences |
| Connected Clothes | Wearable tech integrated into clothing |
Consumer Asset Tracking | General Asset Tracking | Tracking of valuable items and assets |
| Family Locators | Location tracking for family safety |
| Child Trackers | Child safety and location monitoring |
| Pet Tracking | Pet safety and location tracking |
Service Robotics | Home Assistance | Home cleaning and assistance robots |
| Elderly Care | Robots for elder care and health monitoring |
| Retail Assistance | Robots for retail and store assistance |
Connected PNDs | Personal Navigation | Personal navigation and location services |
Smart Home | Home Automation | Smart home automation and control |
People Monitoring | Home Security | Home security and surveillance |
| Caregiver Tracking | Monitoring family members and caregivers |
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1NCE has updated its executive team, naming Sven Adler as CFO, Arne Aßmann as CSO, Jennifer Haag as CHRO, Nicolas Martinez-Fresno as CSMO, and Ivo Rook as Co-CEO.
Frost & Sullivan gave 1NCE its Customer Value Leadership Award, which recognizes companies that offer products or services customers find superior for the overall price, performance, and quality.
Visit the 1NCE Shop and start connecting your IoT devices easily. Simply order your SIM cards, choose the desired type of SIM card and fill out all required forms. After the payment has been approved you get your cards within two to three business days.
