PROSPECTS AND OPPORTUNITIES
Product development and demand to monitor health and fitness set to drive growth
Sales of wearable electronics in Vietnam are forecast to rise steadily, with a CAGR of 8% over the forecast period, reaching 3.2 million units.
Rising demand for wearable electronics to ensure child safety and physical activity
In recent years, wearable electronics designed for children have garnered significant attention in Vietnam, driven by parents’ growing desire to maintain continuous connectivity with their offspring. These devices are mainly used for location tracking, monitoring physical activity, and observing basic health metrics such as steps taken, heart rate, and sleep patterns.
Features to monitor different aspects of health expected to become more widely available
Wearable electronics in Vietnam are set to see significant advancements, particularly in devices catering to individuals with overweight and obesity issues. Trusted brands such as Samsung and Huawei have already introduced relevant devices, like the Samsung Galaxy Watch 6 and Huawei Watch D, which incorporate bioelectrical impedance analysis (BIA) technology to measure body composition, including body fat percentage, skeletal muscle mass, water retention, and BMI.
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Overview:
Understand the latest market trends and future growth opportunities for the Wearable Electronics industry in Vietnam 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 Vietnam, 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 Vietnam 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 Vietnam?
- Which are the leading brands in Vietnam?
- How are products distributed in Vietnam?
- 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 Vietnam - Category analysis
KEY DATA FINDINGS
Smart wearables drives sales and growth due to a greater focus on health
Thanks to a wide product range and promotions, Samsung sees its share rise
Additional benefits from purchasing online drive growth for retail e-commerce
Product development and demand to monitor health and fitness set to drive growth
Rising demand for wearable electronics to ensure child safety and physical activity
Features to monitor different aspects of health expected to become more widely available
Consumer Electronics in Vietnam - 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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