Home Business News CE Today 10/30/23: News from NEXTBASE, LG, and More

CE Today 10/30/23: News from NEXTBASE, LG, and More

CE Today 10/30/23

Explore the latest trends and news in the CE (Consumer Electronics) space. Stay tuned daily for more updates. 

Nextbase Introduces Nextbase iQ: The Future of Connected Dash Cams

Image courtesy of Nextbase.

Nextbase, the renowned leader in dash cam technology, has unveiled the Nextbase iQ, a cutting-edge, fully connected dash cam designed for all types of vehicles. This innovative device combines the latest AI-powered technology with 4G IoT connectivity, accessible through the iQ app, enabling real-time monitoring and protection on the road and in parking situations.

The Nextbase iQ is a game-changer, offering up to 4K resolution, an integrated interior cabin camera with infrared capabilities, and optional third rear window-mounted POV for comprehensive vehicle coverage. Its unique features include Smart Sense Parking, Witness Mode for cloud-saving and emergency alerts, Emergency SOS, Live View, real-time event notifications, voice activation, and more. Furthermore, it plans to continuously evolve with new firmware updates and additional features, such as Guardian Mode, Push to Talk, Roadwatch AI, and Encrypted Incident Reports. The Nextbase iQ is available exclusively at Best Buy stores and online, with different models and subscription packages to suit various budgets and needs, making advanced connected-car technology accessible to all.

LG Expands Chicago Business Innovation Center

LG Electronics USA has announced the expansion of its Chicago Business Innovation Center (BIC), aiming to offer resellers and end customers an immersive space to explore the company’s latest commercial displays and innovative business solutions. The upgraded BIC features over double the floor space, emphasizing solutions-based showcases, enabling business-to-business (B2B) partners and customers to envision their spaces equipped with LG’s cutting-edge digital signage displays and technologies.

The 5,500-square-foot BIC, located in the Chicago suburb of Lincolnshire, serves as the focal point of LG Business Solutions’ U.S. headquarters and is divided into areas dedicated to hospitality, medical, IT, and more. Visitors can explore LG’s diverse product range, from DVLED displays to medical monitors, autonomous robots, IT monitors, and LG gram laptops. The BIC showcases LG’s commitment to innovation and business growth and houses the LG | U educational program, offering product instruction and technical training to commercial integrators, technicians, and partners.

Global Wireless Headphones Market Thrives with $12.3 Billion Forecast by 2030

The global Wireless Headphones market is experiencing steady growth, with an estimated value of US$7.7 billion in 2022 and a projected size of US$12.3 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6% between 2022 and 2030. The market encompasses various wireless headphone categories, including In-Ear Wireless, On-Ear Wireless, and Over-Ear Wireless.

In particular, the In-Ear Wireless segment is expected to achieve a 5.9% CAGR, reaching US$6.7 billion during the analysis period, while the On-Ear Wireless segment is poised for growth with a 5.4% CAGR. The United States and China play significant roles in this market, with the U.S. market valued at US$2.5 billion in 2022, and China forecasted to exhibit robust growth, reaching a projected market size of US$2.2 billion by 2030, driven by an impressive CAGR of 8.6%. The report covers market trends, segments, geographical analysis, competition, and key drivers, offering valuable insights for businesses in this evolving wireless headphones market.