Wearable electronics is seen to have a bright future in Israel with healthy growth projected in retail volume terms. Consumers are expected to become increasingly familiar with the functions offered by these products and more consumers are likely to look for multifunctional products that have multiple features in one device, especially when it comes to smart wearables.
Brand loyalty is likely to remain a key factor for many consumers when it comes to buying wearable electronics. For example, those with iPhone or Samsung smartphones are more likely to stick with an Apple Watch or a Samsung product, although the same is also true of Xiaomi.
Given the economic impact of COVID-19 and rising rates of inflation, cheaper products may well gain traction in the coming years. This is likely to benefit Huawei and Xiaomi, with their success in wearable electronics closely related to their performance in smartphones.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Israel 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 Israel, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Wearable Electronics
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 DefinitionsThis report originates from Passport, our Wearable Electronics research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!