Over the forecast period, smart wearables is predicted to record further double-digit growth rates in both retail volume and value terms (at constant 2023 prices). One of the reasons for this performance is linked to the growing focus on wellness among UK consumers and the use of technology to track their activities.
Today's technological advancements in smart wearables enable these devices to provide consumers with substantial information and insight into their health. However, one of the key objectives for players in the coming years is to improve the tracking accuracy of these products, thereby offering consumers more precise and actionable insights.
Although the offer of smart wearables in the UK mainly consists of a watch format, other types, including smart glasses and smart rings, are starting to emerge. While the concept of smart glasses features innovative technology, the format is not anticipated to gain significant penetration over the forecast period due to still being in the development stage and some reluctance among local consumers due to privacy concerns.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in United Kingdom 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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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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