In recent years, the number of companies entering wearable electronics increased, due to high demand from consumers interested in monitoring their health and fitness more closely than ever before. However, overall sales of wearable electronics are expected to see only moderate growth in the coming years.
Smart wearables is currently all about devices worn on the wrist, but various innovations are also likely to explore other possibilities in the future, including smart glasses. However, there will remain inherent obstacles to growth for such products, given the relatively data sharing-averse environment in Germany.
Smart wearables are normally used in combination with a smartphone, creating data for analysis on the phone, or receiving messages or phone calls from the mobile phone. However, if comparing sales of smartphones with sales of smart wearables, there is still a big gap to fill in terms of having every smartphone connected to a smartwatch.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Germany 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 Germany, 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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