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.…
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The “relatively young” wearables sector grew into a “respectable category,” said Managing Director Sara Warneke.