The outlook for wearable electronics is broadly positive, but volume growth will moderate over the forecast period. With an increasing number of Hungarian consumers interested in sporting activities, activity wearables that track various health functions are expected to gain ground over the forecast period.
One of the most important functions of smart wearables is monitoring blood sugar level, which is expected to be launched on devices over the forecast period. Many consumers, which normally use an individual device for blood measurement have requested this feature.
Wearable electronics could face a potential competitive threat from the introduction of smart rings. These devices are very small but offer similar functions to wearable electronics and design options for consumers.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Hungary 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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