Wearable electronics is expected to maintain solid retail volume growth rates in Singapore in the forecast period. A significant shift is expected towards aesthetic design and style as a driving force, alongside traditional technological advances.
The push for healthier lifestyles amongst consumers is poised to drive innovation in wearable electronics. With an increasing number of individuals placing a premium on their wellbeing, the demand for wearable devices that can monitor and support various facets of health and fitness is on the rise.
In Singapore, retail e-commerce has emerged as a significant channel for the distribution of wearable electronics in recent years, and its growth trend is likely to continue in the forecast period. The surge in e-commerce growth has been remarkable, fuelled by increased investment from key manufacturers and major retailers, particularly during the COVID-19 pandemic, when consumers spent more time at home.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Singapore 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 Singapore, 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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