New Market Report: Wearable Electronics in Mexico

From: Fast Market Research, Inc.
Published: Sun Dec 20 2015

Between mid-2014 and early 2015 leading brands like Sony, Samsung, LG and Motorola launched smartwatches in Mexico. These competitors wanted to position themselves among Mexican consumers and gain first-mover advantages before the arrival of the most eagerly awaited device: Apple Watch. In mid-2015, Apple finally launched in Mexico, with three models of the Apple watch distributed through main retailers, such as Liverpool and Palacio de Hierro, as well as Apple Stores. The other main competitors, Pebble, Garmin and Asus, mainly distributed their products through online retailers, engaging in a fierce race to gain more followers and buyers.

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Industry Prospects

As with tablets and smartphones, wearable electronics are expected to gain popularity as prices start to decrease and become affordable for more consumers. The growing sales of smartphones with broadband service will also drive demand. Wearable electronics is projected to see an 85% retail volume CAGR over the forecast period to reach 4.8 million units by 2020.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Wearable Electronics industry in Mexico 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 Mexico, our research will save you time and money while empowering you to make informed, profitable decisions.

The Wearable Electronics in Mexico 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 Mexico?
* What are the major brands in Mexico?
* What is the growth rate for Wearable Electronics in Mexico?

Reasons to Get 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

About Fast Market Research

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You may also be interested in these related reports:

- Wearable Electronics in Austria
- Wearable Electronics in Australia
- Wearable Electronics in China
- Wearable Electronics in the US
- Wearable Electronics in Norway

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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