Retail sales of wearable electronics are expected see further strong retail volume and value (constant 2024 prices) growth across the forecast period, with smart wearables continuing to lead the way. The uptake of wearable electronics in Malaysia is expected to benefit from increasingly sophisticated health monitoring features and greater affordability, with consumers drawn incrementally into brand ecosystems.
Electronic payments provide another demand driver for wearable electronics. Wearable electronics that facilitate the rapid adoption of electronic payments for consumers and businesses are set to perform well, in line with the move towards a cashless society.
Refurbished/used units are also gaining popularity in wearable electronics in Malaysia, as they offer cost savings and reduce waste. Shopee Malaysia’s designated "Refurbished Zone" offers local consumers refurbished electronics with warranties from a register of genuine sellers.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Malaysia 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 Malaysia, 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.
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