As awareness continues to take off and models become more affordable to more people, wearable electronics is projected to see increasingly fast retail volume growth over the forecast period. Smart wearables is predicted to lead retail volume sales and growth, with double-digit increases through the forecast period.
The elevated obesity rate is likely to raise consumer interest in health-monitoring tools, such as wearable electronics. Mexico has a very high obesity rate, and with COVID-19 highlighting the health risks associated with this condition.
Xiaomi is a brand that continues to gain retail volume share in activity and smart wearables in Mexico. In this market, the demand for Xiaomi has accelerated through the review period.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Mexico 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.
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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.
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