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Consumer Electronics
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 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. 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
Consumer Electronics and IoT Use Cases
Learn more about specific IoT use cases within 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
Where do pets roam when they are out and about? Did they eat when their family is away? Are there any health concerns they cannot speak up about? Pet tracking and pet care is like having a front-row seat to pets’ secret life, while keeping them safe on wild explorations.
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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