Facts about Consumer Electronics
Global revenues total 1.1 trillion U.S. dollars by the end of 2023
1NCE is used most prominently for wearables, pet and bicycle tracking and smart home appliances
Top regions: US, UK, Germany, Italy, South Korea, Japan, and China
Facts about Consumer Electronics
Global revenues total 1.1 trillion U.S. dollars by the end of 2023
1NCE is used most prominently for wearables, pet and bicycle tracking and smart home appliances
Top regions: US, UK, Germany, Italy, South Korea, Japan, and China
Consumer electronics (CE) are going to expand in the upcoming years, resulting in earnings of approximately 1.1 trillion U.S. dollars worldwide by the end of 2023 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. We are supporting our customers globally across the US, UK, Germany, Italy, South Korea, Japan, & China.
Learn more about specific IoT use cases within the consumer electronics industry:
Category | Subcategory | Use Case |
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 |
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 |
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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Want to know more about IoT success stories? Explore the Customer Insights.
