Wearable electronics will be the best performing consumer electronic over the forecast period. Demand for functionality will continue to shift volume sales away from activity wearables towards smart wearables over the forecast period.
The brand Xplora which manufactures smartwatches for children is expected to launch in Hungary over the forecast period and could shake up the competitive landscape somewhat. Xplora is continually innovating and offers high resolution for gaming, as well as extended battery life and accurate and secure GPS tracking.
Smartwatches will continue to innovate over the forecast period. While these wearables are mainly appreciated for their health tracking benefits, increasingly other features will also be in demand such as payment tools and music streaming.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Hungary 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 Hungary, 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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