PROSPECTS AND OPPORTUNITIES
Workplace wellness initiatives are expected to support growth in wearable electronics
Sales of wearable electronics in Canada are expected to see low-level growth over the forecast period. A key factor supporting sales is the growing emphasis on employee wellbeing, as companies continue to address retention challenges that have persisted since the outbreak of COVID-19.
AI, battery life, and miniaturisation is set to drive innovation in wearables electronics
Wearables electronics in Canada remains highly competitive, fast-moving, and constantly evolving. Strong consumer demand, coupled with rapid technological advancements, means that even established players must continuously innovate to maintain their relevance and market position.
There is potential for wearable electronics to play an expanding role in healthcare in Canada
When healthcare systems prioritise keeping populations healthy and treating conditions at the earliest possible stage, outcomes improve across the board, for providers, patients, and society as a whole. Wearable electronics are expected to play an increasingly important role in this shift, with a growing variety of applications in both diagnostic and therapeutic settings.
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Overview:
Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Canada 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 Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Wearable Electronics in Canada report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Wearable Electronics in Canada?
- Which are the leading brands in Canada?
- How are products distributed in Canada?
- How is the rise of e-commerce changing the retail landscape?
- How has COVID-19 and accordant macroeconomic and retail disruption impacted consumer demand?
- How are considerations such as urban development and the rise in single-person households driving sales growth?
- Where is technology taking the market? Which products are pioneering growth? Which face obsolescence?
- Where is future growth expected to be most dynamic?
Wearable Electronics in Canada - Category analysis
KEY DATA FINDINGS
Volume sales recover as smart wearables lead growth in 2025
Fitbit leads in 2025 while Samsung and emerging brands drive growth
The Costco and Fitbit partnership boosts sales through warehouse clubs
Workplace wellness initiatives are expected to support growth in wearable electronics
AI, battery life, and miniaturisation is set to drive innovation in wearables electronics
There is potential for wearable electronics to play an expanding role in healthcare in Canada
Consumer Electronics in Canada - Industry Overview
Consumer electronics in 2025: The big picture
2025 key trends
Competitive landscape
Channel developments
What next for consumer electronics?
DISCLAIMER
The following categories and subcategories are included:
Wearable Electronics
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- Activity Bands
- Activity Watch (Analogue)
- Activity Watch (Digital)
- Smart Wearables
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 definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Wearable Electronics research and analysis database.
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