Demand for wearable electronics is predicted to continue growing in Australia over the forecast period, albeit at a slower rate compared to the highs of the review period due to increasing maturity and penetration. As these devices complement consumers’ lifestyles, battery life becomes a crucial element of the purchasing decision for consumers when choosing wearable electronics, as their use and functionality rely mostly on being able to work without problems during their normal day.
As the proportion of Australia’s population aged 65+ years continues to increase over the forecast period, it is important to raise awareness of the benefits of wearable electronics to keep health metrics under control as part of active lifestyles. Features such as a heart monitor and exercise metrics are likely to be beneficial to consumers’ health goals and maintaining awareness of the need to be mindful of potential issues in the coming years as they age.
Australia is investing heavily in the rollout of 5G with it aiming to reach 95% of the population by 2025. The rollout of 5G should help to reduce the dependency on other devices, such as smartphones, as 5G connectivity should facilitate significant improvements in the battery life of wearable electronics.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Australia 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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