Category: Wearable Electronics
Wearable Electronics market research reports by Euromonitor International
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Traditional and Connected Watches in Australia
Traditional and Connected Watches in Australia In 2023, traditional watches is set to witness a stronger decline in volume sales and slower growth in current value terms than in the previous year in Australia. This deceleration can be attributed to consumers curtailing their spending on discretionar ... Read More
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Wearable Electronics in India
Wearable Electronics in India Wearable electronics in India continues to experience robust growth, driven by falling unit prices, technological advancements and growing consumer awareness of health and wellness. Intense competition among existing players and new entrants has given rise to aggressive ... Read More
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Wearable Electronics in Germany
Wearable Electronics in Germany Wearable electronics have proven to be versatile in their various functions in the daily lives of many consumers, providing a configurable, simple, and affordable tracker for basic physical conditions through their easy connection to smartphones. However, wearable ele ... Read More
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Wearable Electronics in Hong Kong, China
Wearable Electronics in Hong Kong, China Wearable electronics is the boom category in 2023, seeing excellent volume growth, and with smart wearables as the best-performing category. On the other hand, sales of activity bands continued to plateau. The decline in the popularity of activity bands/activ ... Read More
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Wearable Electronics in Romania
Wearable Electronics in Romania Alongside the rising preoccupation for health and wellness among the population, consumers are becoming increasingly knowledgeable and want to track more of their health parameters (eg heart rate, oxygen blood level, burn calories, water intake, sleep quality etc). Th ... Read More
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Wearable Electronics in Taiwan
Wearable Electronics in Taiwan Wearable electronics continued to see a healthy performance in retail volume terms in 2023, supported by increased purchases of activity watches and smart wearables. Prevailing health and wellness trends and the high levels of convenience and functionality offered by t ... Read More
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Wearable Electronics in Norway
Wearable Electronics in Norway Wearable electronics is seeing a small overall volume decline in 2023, although smart wearables is enjoying small positive growth. This dynamic is created by the shift away from activity wearables, towards smart wearable electronics. This is being driven by consumer de ... Read More
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Wearable Electronics in Sweden
Wearable Electronics in Sweden There has been an increased focus on healthy tech that supports physical and mental health since the pandemic with many consumers keen to keep track of their fitness and health vitals. This continues to support demand for wearable electronics while it is also setting t ... Read More
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Wearable Electronics in Australia
Wearable Electronics in Australia Sales of wearable electronics continues to see strong growth in retail volume terms despite the challenging economic environment. The category received a boost during the pandemic as consumers became more health conscious and showed an increased interest in monitori ... Read More
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Wearable Electronics in South Africa
Wearable Electronics in South Africa During the review period, consumers across South Africa became more aware of the importance of leading healthy lives. This trend was facilitated by the COVID-19 pandemic which gave them more time to reflect on their lifestyles. Such a development gave rise to an ... Read More
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Wearable Electronics in Denmark
Wearable Electronics in Denmark Volume sales in wearable electronics are on the marginally-positive side of flat in 2023, which is slightly lower than the volume sales seen in 2022. The main trends in the category are connected to the shift from activity wearables to the greater functionality offere ... Read More
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Wearable Electronics in China
Wearable Electronics in China Wearable electronics is seeing small positive volume sales in 2023. 2022 was a hard year for almost all consumer electronic categories in China, as the government’s tightened pandemic control measures, thus limiting economic activities. Wearable electronics was no excep ... Read More
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Wearable Electronics in Portugal
Wearable Electronics in Portugal Wearable electronics experienced a modest decline in retail volume terms in 2023. Demand continued to be impacted by the high cost of living, at least during the first half of the year, which led to more guarded discretionary spending. As in 2022, smart wearables wer ... Read More
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Wearable Electronics in the Netherlands
Wearable Electronics in the Netherlands Wearable electronics is set to record volume growth in 2023 thanks to smart wearables and activity watches (analogue). Smart wearables, such as smartwatches, are driving growth during the year, as the penetration rate is low and new consumers are becoming awar ... Read More
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Wearable Electronics in Argentina
Wearable Electronics in Argentina 2023 saw wearable electronics remain one of the most dynamic categories in Argentina’s consumer electronics industry, with the very strong performances recorded in smart wearables and activity watch (digital) underpinning a strong increase in demand from a low sales ... Read More
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Wearable Electronics in Israel
Wearable Electronics in Israel Smart wearables is set to be the most dynamic performer within wearable electronics in volume growth terms in 2023. Mainly represented by smartwatches, the category has continued to benefit from increasing appreciation for the convenience, versatility and connectivity ... Read More
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Wearable Electronics in Mexico
Wearable Electronics in Mexico In 2023, smart wearables is expected to see double-digit retail volume and current value growth; faster than the increments recorded in 2022. Consumers in Mexico are more aware of the importance of a healthy lifestyle in the wake of the Coronavirus (COVID-19) crisis. I ... Read More
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Wearable Electronics in Canada
Wearable Electronics in Canada Wearable electronics experienced modest growth in retail volume terms in 2023. Demand continued to be impacted by a high rate of inflation, at least during the first half of the year, which led to more guarded discretionary spending. Continuing the established trend of ... Read More
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Wearable Electronics in Saudi Arabia
Wearable Electronics in Saudi Arabia Electronic wearables is the winning category in Saudi Arabia in 2023, with double-digit volume growth. This is thanks to the success of smartwatches, which dominate activity-monitoring technology, as consumers value the analysis connected to health monitoring whi ... Read More
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Wearable Electronics in South Korea
Wearable Electronics in South Korea Consumer demand for wearable electronics continued to rise in 2022, and volume growth is set to be maintained in 2023, driven by increasing awareness of health, and the desire to track fitness goals. This trend was boosted by the pandemic, and has been sustained i ... Read More
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Wearable Electronics in Indonesia
Wearable Electronics in Indonesia As wearable electronics continues to evolve, a marked and persistent shift from basic activity bands to more sophisticated activity watches and smart wearables is being observed in Indonesia. Smart wearables and advanced activity watches offer a wide spectrum of fea ... Read More
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Wearable Electronics in Greece
Wearable Electronics in Greece While overall wearables are expected to register a decline in volume sales, smartphones are expected to register volume growth. Sales of activity bands and activity watches are expected to register significant volume decline, as consumers migrate to smartwatches. In ad ... Read More
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Wearable Electronics in Morocco
Wearable Electronics in Morocco Wearable electronics are becoming increasingly popular with the category set to record a double-digit increase in volume and current value sales in 2023. Preventative health is the main driver of value sales of wearable electronics, as consumers look to lead active, h ... Read More
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Wearable Electronics in Thailand
Wearable Electronics in Thailand Wearable electronics continued to see positive growth in volume terms in 2023, albeit at a slower rate than the previous two years. This was driven by a number of factors, not least the health and wellness trend, which was facilitated by COVID-19. Wearable electronic ... Read More
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Wearable Electronics in Singapore
Wearable Electronics in Singapore In line with review period trends, demand for wearable electronics in Singapore continues to rise in 2023. The primary driver is smart wearables, recording another year of double-digit retail volume growth, while dynamic current value growth is supported by price hi ... Read More