"Wearable Electronics in Russia" now available at Fast Market Research

Wearable electronics is a new wave in consumer electronics and perceived as a promising category offering gadgets such as smart watches, fitness trackers and smart bracelets and other smart accessories. So far the biggest interest in this category was received from youngsters and technology enthusiasts, while massive consumer interest is expected to come together with improved design and wider functionality of these gadgets. The most promising and expected functionality are monitoring health parameters and a variety of notification.

Competitive Landscape

Apple Inc is set to lead sales of autonomous wearable electronics in 2015 with an 18% volume share in 2015. Apple is expected to outperform its main competitor Samsung in Russia, which is set to follow with a 13% volume share in 2015. The main restraint to Apple watch growth is its premium price and unappealing design to most of the consumer audience. While Motorola’s smart watch is expected to gain success thanks to it appealing design.

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Industry Prospects

Wearable electronics is expected to see volume sales rise at a CAGR of 53% over the forecast period and reach almost three million devices in 2020. Autonomous wearable electronics is expected to gain substantial share in total wearable electronics and stand at 81% in 2020. This is explained by smart watches gaining more functionality during the forecast period and gradually replacing fitness trackers and smart bracelets. The development of B-brands in wearable electronics will make these devices more affordable to Russian consumers.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Wearable Electronics industry in Russia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Wearable Electronics industry in Russia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Wearable Electronics in Russia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Wearable Electronics in Russia?
* What are the major brands in Russia?
* What is the growth rate for Wearable Electronics in Russia?

Reasons to Get this Report

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