Wearable electronics is expected to see healthy growth in retail volume terms over the forecast period, with smart wearables and analogue activity watches leading the way. A growing consumer awareness of the benefits of these products will continue to drive demand, supported by continuous technological development and further segmentation by the leading players.
Health concerns are set to be an ongoing driver of wearable electronics over the forecast period. One of visible effects of COVID-19 was an increase in physical and outdoor activity among the Portuguese population and this presents significant opportunities in terms of the monitoring of key fitness and health metrics .
Sustainability is expected have an impact on wearable electronics, with consumers paying increasing attention to details as reusability, durability, recycled materials, energy efficiency and product lifecycles. In 2023 Apple launched its own certified refurbished programme in some European countries, and other players are expected to do the same in the near future.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Portugal with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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