German Wearables Revenue Surpassed $1.3B Last Year: gfu
German wearables unit volume reached 6.8 million in 2020, a 22% increase from 2019, reported gfu Tuesday. Revenue rose 20% to more than 1.1 billion euros ($1.3 billion). German consumers spent just under 170 euros ($206) on the average device.…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
The “relatively young” wearables sector grew into a “respectable category,” said Managing Director Sara Warneke.