Smart wearables will continue to outperform activity wearables over the forecast period. Demand for functionality will continue to shift volume sales away from activity wearables.
Wearable electronics enable the tracking of key health metrics and this will continue to be an underlying driver of volume sales going forward. Colombians increasingly take their health seriously and for the most part try to follow healthy lifestyles.
One factor that will pose an obstacle to volume growth of wearables over the forecast period is that as consumers invest in more premium products, such as smartwatches, the life span of the product will lengthen, and this will dampen volume sales.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Colombia 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.
If you're in the Wearable Electronics industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!