Demand for wearable electronics continues to rise 2023 despite high inflation and the increasing cost of living in the UK, which is negatively impacting consumers’ disposable incomes and therefore, their purchasing decisions. However, this growth is attributed to two product categories: analogue activity watches and smart wearables. On the other hand, demand for activity bands and digital activity watches continues to decline. Activity bands follows a longer-term trend, whereby this format is be...
Euromonitor International's Wearable Electronics in United Kingdom report offers a comprehensive guide to the size and shape of the in-home, portable and in-car consumer electronics products markets at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, distribution or pricing issues. Forecasts illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Wearable Electronics market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Wearable Electronics in the United Kingdom
Euromonitor International
July 2023
List Of Contents And Tables
WEARABLE ELECTRONICS IN THE UNITED KINGDOM
KEY DATA FINDINGS
2023 DEVELOPMENTS
Demand rises in 2023 despite current economic situation
Analogue activity watches gains further share from digital options
Competition remains dynamic among Android smart wearable players
PROSPECTS AND OPPORTUNITIES
Smart wearables set to record further dynamic growth over forecast period
Greater accuracy, wider range of health insights and premiumisation expected
Smart rings are growing in popularity
CATEGORY DATA
Table 1 Sales of Wearable Electronics by Category: Volume 2018-2023
Table 2 Sales of Wearable Electronics by Category: Value 2018-2023
Table 3 Sales of Wearable Electronics by Category: % Volume Growth 2018-2023
Table 4 Sales of Wearable Electronics by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Wearable Electronics: % Volume 2019-2023