The demand for functionality is set to continue the shift volume sales from activity to smart wearables, despite the improved and more advanced offering of activity wearables. Smart wearables are expected to accommodate this shift with a wider array of models across price points.
The return to normality as the pandemic situation continues to ease is expected to support wearable electronics. These products are closely tied to health and wellness and fitness, with the fuller return to gyms and other sport and fitness activities boosting the use of products positioned as wellbeing trackers.
Additionally, the ongoing moves to a cashless society support smart wearable usage. The implication of payment apps with smart wearables offers users the convenience and security of not having to carry cash/bankcards on one’s person.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Norway with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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If you're in the Wearable Electronics industry in Norway, 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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