Beyond fitness and lifestyle applications, the government is actively investing to incorporate healthcare, brain training, adventure and photography in smart wearables. Through the Agency for Science, Technology and Research (A*STAR), the government supports research and development that meets national needs and provides competitive advantages as a nation.
While smart wearables enjoy strong growth, activity watches (analogue) continue to record the highest growth rates in wearable electronics. Coupled with strong government initiatives, there is an increased awareness of healthy living and consumers in Singapore are keeping themselves physically active to ensure a healthy lifestyle.
Apple South Asia Pte Ltd continued to lead wearable electronics in 2019. The company remains active in development and innovation with its trials of one of the largest heart-screening studies, in which the Apple Watch is used to spot patients with undiagnosed heart-rhythm problems, producing low error rates.
Fitbit Singapore Pte Ltd remained the leading player in activity wearables in 2019. Fitbit has successfully defended its leading position with good marketing and its extensive efforts to spread awareness and target a growing audience in activity wearables.
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Discover the latest market trends and uncover sources of future market growth for the Wearable Electronics industry in Singapore with research from Euromonitor's team of in-country analysts.
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This industry report originates from Passport, our Consumer Electronics market research database.