Wearable technology has evolved from niche gadgets to essential consumer products. Smartwatches, fitness trackers, and connected devices are now a major force in consumer electronics, with global sales climbing every year. For wholesalers, resellers, retailers, and refurbishers, the wearable tech market represents a significant profit opportunity — but it also carries critical data security and compliance challenges.
Every wearable device processed in the secondary market is either an opportunity to strengthen a company’s reputation through secure, accredited handling or a risk that could lead to a damaging data breach. That’s where Blackbelt360’s WatchWipe comes in.
Request a demo to see how WatchWipe can help secure your wearable device workflows from the start.
According to MarketsandMarkets, the global wearable technology market will grow from $70.3 billion in 2024 to $152.8 billion by 2029, making it one of the fastest-growing device categories in the world. Businesses that act now to secure their operations and meet compliance standards will be best positioned to capture this growth.
The rising popularity of wearables means an increasing number of devices are entering trade-in, refurbishment, and resale channels. High-demand models such as Apple Watch, Samsung Galaxy Watch, and Fitbit devices are now standard in B2B secondary market inventories.
For wholesalers, resellers, and refurbishers, this growing supply can:
Retailers that integrate wearables into trade-in programs can also drive repeat foot traffic and position themselves as end-to-end technology providers.
Wearable devices present unique and complex security risks. These devices are designed to collect, store, and share sensitive personal and corporate data, including:
The Deloitte 2025 Connected Consumer Survey found that 58% of consumers are concerned about device tracking and misuse of their data, while only 34% believe companies are transparent about how data is handled. For businesses in the secondary market, failing to address these concerns is not only a compliance risk but a competitive disadvantage.
In the European Union, the wearable device market is governed by multiple overlapping regulations. Compliance is not optional — it is a legal requirement and a business differentiator.
General Data Protection Regulation (GDPR)
Governs all personal data processing, including biometric data stored on wearables.
Impact: Accredited erasure processes with tamper-proof certification are essential for legal and commercial credibility.
Medical Device Regulation (MDR)Impact: Operators must confirm classification before resale and adjust workflows accordingly.
Payment Services Directive 2 (PSD2)Impact: Payment data must be securely and permanently erased.
Waste Electrical and Electronic Equipment (WEEE) DirectiveImpact: Businesses must track defective or non-functional devices to final disposal.
Despite these regulations, wearable devices often pass through the secondary market with less scrutiny than smartphones or laptops. Common vulnerabilities include:
Each of these creates an opening for data leaks and compliance violations.
WatchWipe is purpose-built for the secure processing of wearable technology, meeting the most rigorous global and EU compliance standards.
Key features:
By embedding WatchWipe into your device lifecycle processes, you can handle wearable tech with the same security standards applied to smartphones and laptops — protecting your business and your customers.
The wearable tech sector is one of the fastest-growing segments in consumer electronics, and the secondary market is poised to capture significant value. In the EU, compliance with strict data privacy, medical device, payment, and environmental regulations is essential. The businesses that get it right will not only avoid fines but also strengthen customer trust and secure higher-value B2B contracts.
Blackbelt360’s accredited lifecycle management software, including WatchWipe, enables wholesalers, resellers, retailers, and refurbishers to process wearables securely, meet global compliance standards, and maintain full control over device data from intake to resale.
With the wearable market set to more than double by 2029, now is the time to secure your supply chain, protect your reputation, and increase profitability.
Request a demo to see how we can help you turn wearable technology into a safe, profitable, and compliant category for your business.