PROSPECTS AND OPPORTUNITIES
Positive outlook for wearable electronics with plenty of room to grow
Sales of wearable electronics are expected to continue seeing strong growth in volume terms over the forecast period overall. Volume growth will likely be fuelled by new formats, specifically smart rings and glasses.
New technology will remain a feature of the category
Format innovation, specifically rings and glasses, will underpin new product development and innovation over the forecast period. Both formats are in the infancy stage of development but offer undoubted potential in terms of healthcare, fitness and lifestyle tracking.
Competition will remain fierce as demand grows
The competitive landscape for smart wearables will likely see further fragmentation over the forecast period, as the competition heat ups. That being said, Apple is expected to hold on to the top spot.
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Overview:
Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Norway 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 Norway, 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 Norway 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 Norway?
- Which are the leading brands in Norway?
- How are products distributed in Norway?
- 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 Norway - Category analysis
KEY DATA FINDINGS
Smart rings and glasses bring a new dimension to wearable electronics
Apple remains on top in a highly contested market
E-commerce remains the focus of sales
Positive outlook for wearable electronics with plenty of room to grow
New technology will remain a feature of the category
Competition will remain fierce as demand grows
Consumer Electronics in Norway - 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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