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Wearable Electronics in South Korea

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    Report

  • 21 Pages
  • July 2024
  • Region: South Korea
  • Euromonitor International
  • ID: 3102302
The market for wearable electronics in South Korea will register an improved performance in 2024, following the sharp decline in sales volumes seen in 2023. The latter was largely due to economic uncertainties, which discouraged consumers from investing in new technology. Additionally, the replacement cycle for wearable electronics tends to be relatively long, as these devices are not considered essential and are replaced less frequently compared to smartphones.

The Wearable Electronics in South Korea report offers a comprehensive guide to the size and shape of the in-home, portable and in-car consumer electronics products markets at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, distribution or pricing issues. Forecasts illustrate how the market is set to change.

Product coverage: Activity Wearables, Smart Wearables.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Wearable Electronics market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Renewed interest in affordable wearable electronics
  • Growing levels of health awareness drive interest in fitness-oriented wearables, although sensor accuracy remains an issue
  • Xiaomi continue to lead sales
PROSPECTS AND OPPORTUNITIES
  • Players will need to overcoming long replacement cycles through continuous innovation
  • Emergence of new, cutting-edge wearable devices
  • Preference for customised, portable models over premium features
CATEGORY DATA
  • Table 1 Sales of Wearable Electronics by Category: Volume 2019-2024
  • Table 2 Sales of Wearable Electronics by Category: Value 2019-2024
  • Table 3 Sales of Wearable Electronics by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Wearable Electronics by Category: % Value Growth 2019-2024
  • Table 5 NBO Company Shares of Wearable Electronics: % Volume 2020-2024
  • Table 6 LBN Brand Shares of Wearable Electronics: % Volume 2021-2024
  • Table 7 Distribution of Wearable Electronics by Channel: % Volume 2019-2024
  • Table 8 Forecast Sales of Wearable Electronics by Category: Volume 2024-2029
  • Table 9 Forecast Sales of Wearable Electronics by Category: Value 2024-2029
  • Table 10 Forecast Sales of Wearable Electronics by Category: % Volume Growth 2024-2029
  • Table 11 Forecast Sales of Wearable Electronics by Category: % Value Growth 2024-2029
CONSUMER ELECTRONICS IN SOUTH KOREA
EXECUTIVE SUMMARY
  • Consumer electronics in 2024: The big picture
  • 2024 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer electronics?
MARKET DATA
  • Table 12 Sales of Consumer Electronics by Category: Volume 2019-2024
  • Table 13 Sales of Consumer Electronics by Category: Value 2019-2024
  • Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2019-2024
  • Table 15 Sales of Consumer Electronics by Category: % Value Growth 2019-2024
  • Table 16 NBO Company Shares of Consumer Electronics: % Volume 2020-2024
  • Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2021-2024
  • Table 18 Distribution of Consumer Electronics by Channel: % Volume 2019-2024
  • Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2024-2029
  • Table 20 Forecast Sales of Consumer Electronics by Category: Value 2024-2029
  • Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2024-2029
  • Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 1 Research Sources