Wearable Tech Market in Europe Poised for Robust 15% CAGR Growth to Exceed $60B by 2031 - Smartwatches and Healthcare Driving Demand
• Europe wearable technology market to reach $61.72 billion by 2031 with 15.5% CAGR (compound annual growth rate)
• Wrist wear leads market share; smartwatches most popular device
• Healthcare top end-use segment amid demand for health monitoring
• UK, Germany, France major country markets based on tech-savvy consumers
• Apple, Samsung, Garmin lead competitive landscape marked by constant innovation