Wearable Electronics Marketplace Examined in Euromonitor International Report Recently Published at MarketPublishers.com
23 Feb 2016 • by Natalie Aster
LONDON – Within the overall consumer electronics, sales of wearable electronic devices are poised to explode and turn into the most rapidly growing category. The role of wearables is being changed by a range of factors like luxury goods, fashion and consumers’ obsession with health.
Ageing populations, in particular in developed regions, and enhanced affluence are stimulating consumers to look after their health. Passive wearables like fitness trackers assist users in achieving optimum exercise intensity. Meantime, affordable jewellery and luxury products are growing in popularity as people are not very willing to spend excessive amounts of money. Wearables are viewed as an economical way to draw other people’s attention.
The increasingly connected world is propelling the demand for wearables. With the appearance of so many devices on which one can easily access the Internet, the value proposition of wearable electronics is easily sold to customers.
With the booming demand for wearables, manufacturers are launch function-specific products designed for certain sports and/or activities and various consumer demographics rather than all-in-one devices like smartphones.
New research study “Wearables as Fashion Accessories” developed by Euromonitor International offers consistent and incisive overview of the consumer electronics with a focus on wearable electronic device sector. The report casts light on emerging geographies, leading growth categories and trends and also the hottest industry issues and white spaces. It gives accurate information on the leading companies and brands, and gives a strategic analysis of the major forces having a bearing on the market –new product developments, lifestyle and/or economic influences, pricing or distribution issues. Additionally, extensive forecasts describing how the industry is most likely to evolve in the years t to come and the criteria for success can also be found in the report.
Wearables as Fashion Accessories
Published: February, 2016
Price: US$ 1,325.00
More reports by this publisher can be found at by Euromonitor International page.