The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreSep 2020
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COVID-19 has had a mixed impact on wearable electronics in China. On the one hand, prevailing economic uncertainty created by the lockdown and other measures being taken to control the spread of COVID-19 has caused some consumers to become more cautious in their spending.
Smart wearables offers the greatest potential for development in wearable electronics. At the end of the review period, smart wearables growth was being driven by demand for children’s phone watches, with several manufacturers launching such products with access to third-party apps and advanced functions, such as video calls and digital payments.
Despite the gradual maturity of activity watch (digital), manufacturers have been launching “smarter” new models to prolong the lifespan of the category, embedding virtual assistant, third-party payments, and even phone calls into the device. On the technological side, the development of eSim cards, supported by Chinese telecom carriers, is promoting the introduction of stronger functions, such as independent internet connection and phone calls, which could serve as a driver of expansion during the forecast period.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Wearable Electronics industry in China with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Wearable Electronics industry in China, our research will save you time and money while empowering you to make informed, profitable decisions.
The Wearable Electronics in China market research report includes:
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This industry report originates from Passport, our Consumer Electronics market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.