The market for wearable electronics in South Korea is set to decline over the forecast period, in retail volume terms. One of the challenges facing the industry is the long replacement cycle of these devices, due to their durable components and robust functionality, which can delay the need for a new purchase.
Following the introduction of the Galaxy Ring, a cutting-edge wearable designed to integrate seamlessly with Samsung’s ecosystem of devices, there is potential for a variety of new wearable devices to enter the market. Innovations such as smart glasses could represent the next frontier in wearable technology, offering new functionalities and applications.
Within wearable electronics, there is a growing preference for customised, portable models that prioritise functionality and ease of use over an abundance of premium features. Consumers are increasingly looking for devices that fit seamlessly into their lifestyles, without the bulk and complexity of high-end models.
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Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in South Korea 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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