In the realm of quartz devices, consumer preferences are currently divided between quartz digital technology and quartz analogue watches, with each choice being driven by distinct factors. The surge in the health and wellness trend is boosting the demand for quartz digital technology, particularly in the context of those with basic fitness tracking properties, although they will continue to be outperformed by smart wearables in this regard.
2023 has witnessed a remarkable surge in the demand for high-end luxury timepieces priced above USD1,000. This upswing in demand can be attributed to a growing inclination towards viewing these watches as investments.
In 2023, Fossil introduced a new smartwatch called the Gen 6 Wellness Edition, powered by Wear OS 3. This watch enables users to monitor various health metrics such as SpO2 levels, VO2 Max, and heart rate through a dedicated wellness app.
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Traditional and Connected Watches
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