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 in Consumer electronics is changing the way we interact with devices, prioritizing connectivity and convenience in the sector. The rapid growth of consumer IoT applications, 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 for the consumer electronics industry:
IoT Wearables
IoT-powered consumer IoT devices like smartwatches, fitness trackers, and health monitors transmit real-time data on health, fitness, and location, enhancing personal wellness and safety. They enable proactive health management and instant data control via IoT connectivity and software.
Consumer Asset Tracking IoT
IoT in Consumer Asset Tracking implies solutions which provide real-time tracking and monitoring for assets such as bikes, luggage, and vehicles. They ensure remote management, device/inventory security, and usage efficiency.
Service Robotics IoT
Connected robots with IoT technology perform automated tasks in infrastructure, healthcare, and retail, providing precision, productivity, and overall service quality. They utilize data to adapt, learn, and operate effectively in dynamic environments.
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.
Connected PNDs
Connected Portable Navigation Devices (PNDs) utilize IoT technology to deliver real-time navigation, traffic updates, and location-based services. They integrate live data, offering personalized route recommendations, and ensuring connectivity with other smart devices.
Smart Home
IoT-powered smart home systems connect devices such as lights, thermostats, cameras, and appliances to provide automation, remote control, and real-time monitoring. They enable a secure, energy-efficient, and customizable living environment through centralized management via apps or voice commands.
People Monitoring
People monitoring solutions using IoT technology track real-time location, movement, and health data using wearables or connected devices. Data delivered from trackers is often used within healthcare and workforce management, ensuring timely alerts and quick actions.
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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 choose the desired type of SIM card, order your SIM cards, and fill out all required forms. After the payment has been approved you will receive your cards within two to three business days.
