While consumers like the health monitoring features offered by smart wearables, they are also concerned about personal health data collection. According to Euromonitor International’s Voice of the Consumer: Lifestyle Survey, 46% of Canadian respondents reported actively managing their personal data and privacy settings while online in 2022.
Smartwatches with location tracking technology are popular with parents of young children. Parents want to be aware of their children’s whereabouts, but do not want to give their children expensive smartphones that they can lose, view explicit content on, or become addicted to.
As the population of older adults has continued to grow in Canada, there are significant opportunities for health monitoring and assistance products and services. Activity watches and smartwatches with health monitoring capabilities can monitor heart rate, breathing patterns, body temperature, aerobic exertion, and other metrics, as well as helping older people to monitor current health conditions, informing users of changes in health, and assisting in the maintenance of fitness routines.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Wearable Electronics industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Electronic devices designed to be worn by the user, typically on the wrist or head. The category only covers products designed for retail sale and consumer usage. Products designed for use in medical, military and any other profession such as diving are excluded.See All of Our Definitions
This report originates from Passport, our Wearable Electronics research and analysis database.
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