Wearable electronics has great scope for future potential, as overall penetration of such products is relatively low, and there is an ongoing movement towards busy, active, on-the-go lifestyles, alongside the growth of connected and smart trends. Health features in smart wearables will also continue to play a major part, whether for monitoring exercise or for monitoring health.
We expect to see ongoing polarisation between premium and lower-priced devices in electronic wearables. Apple and Samsung will remain in high demand due to their incredibly loyal community of customers, despite their high prices.
E-commerce and the omnichannel model are set to remain key over the forecast period. However, it is noted that jewellery retailers may also start selling analogue models.
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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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