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Country Report

Wearable Electronics in

Wearable Electronics in Hungary

Oct 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Increasing focus on health and aesthetics

Wearable electronics continued to record another year of double-digit growth in both retail volume and current value terms in 2020 due to Hungarian’s greater interest in following healthier lifestyles. The COVID-19 pandemic has showed the importance of good health, perhaps also spurring an increase in sales of wearables in the year.

Smart wearables will continue to appeal to tech-driven younger Hungarians

Smart wearables continued to record a strong performance in 2020, although its higher unit prices compared to activity wearables, even analogue activity watches, meant that its overall share within wearable electronics remained lower. However, with greater interest in following healthier lifestyles, in addition to the rising trend for smart technology, smart wearables continues to attract a certain affluent consumer segment of young tech-driven Hungarians who demand better quality devices with screens and greater functionality.

Xiaomi leads, entering smart wearables in 2020

Xiaomi Corp retained its leadership of activity wearables in 2020 and continued to gain strong retail volume share, offering consumers innovation with affordability. The player’s performance was given a boost with improving sales for its Xiaomi Amazfit series, which benefits from consumers’ perceived offer of good value for money.

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Overview

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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.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Wearable Electronics industry in Hungary 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 Hungary, our research will save you time and money while empowering you to make informed, profitable decisions.

The Wearable Electronics in Hungary market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Wearable Electronics in Hungary?
What are the major brands in Hungary?
What is the growth rate for Wearable Electronics in Hungary?

Why buy this report?

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

This industry report originates from Passport, our Consumer Electronics market research database.

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Wearable Electronics in Hungary - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Increasing focus on health and aesthetics

Smart wearables will continue to appeal to tech-driven younger Hungarians

Xiaomi leads, entering smart wearables in 2020

RECOVERY AND OPPORTUNITIES

Healthy living to support future growth

Increasing affordability to boost sales to 2025

Strong growth of hearables expected

CATEGORY DATA

Table 1 Sales of Wearable Electronics by Category: Volume 2015-2020
Table 2 Sales of Wearable Electronics by Category: Value 2015-2020
Table 3 Sales of Wearable Electronics by Category: % Volume Growth 2015-2020
Table 4 Sales of Wearable Electronics by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Wearable Electronics: % Volume 2016-2020
Table 6 LBN Brand Shares of Wearable Electronics: % Volume 2017-2020
Table 7 Distribution of Wearable Electronics by Channel: % Volume 2015-2020
Table 8 Forecast Sales of Wearable Electronics by Category: Volume 2020-2025
Table 9 Forecast Sales of Wearable Electronics by Category: Value 2020-2025
Table 10 Forecast Sales of Wearable Electronics by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Wearable Electronics by Category: % Value Growth 2020-2025

Consumer Electronics in Hungary - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

Table 12 Sales of Consumer Electronics by Category: Volume 2015-2020
Table 13 Sales of Consumer Electronics by Category: Value 2015-2020
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2015-2020
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2015-2020
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2016-2020
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2017-2020
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2015-2020
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2020-2025
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2020-2025
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2020-2025
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2020-2025

Megatrends

Country Report

Wearable Electronics in Hungary

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Increasing focus on health and aesthetics

Smart wearables will continue to appeal to tech-driven younger Hungarians

Xiaomi leads, entering smart wearables in 2020

Overview

Why buy this report?

Samples (FAQs about samples):

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Table of Contents

Wearable Electronics in Hungary - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Increasing focus on health and aesthetics

Smart wearables will continue to appeal to tech-driven younger Hungarians

Xiaomi leads, entering smart wearables in 2020

RECOVERY AND OPPORTUNITIES

Healthy living to support future growth

Increasing affordability to boost sales to 2025

Strong growth of hearables expected

CATEGORY DATA

Consumer Electronics in Hungary - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on consumer electronics

COVID-19 country impact

Company response

Retailing shift

What next for consumer electronics?

MARKET DATA

DISCLAIMER

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

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