Smart watches are a fast-growing market for wearables - Industry news

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Smart watches are a fast-growing market for wearables

Our Admin
2017-12-23
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Fit Watch smart watch

          2017 is nearing completion. Looking back to the smart wearable device market of the past year, the smart bracelet will undoubtedly be the biggest winner if shipments are taken as the reference standard. There are reports that the global shipments of wearable devices this year is expected to be 1.132 billion units in 2021 will reach 222.3 million units at a CAGR of 18.4%.

          Among them, the basic smart bracelet shipments this year is expected to be 45 million, accounting for 39.8% of the overall wearable device market, and by 2021, is expected to be 47.7 million shipments, the overall wearable device market 21.5%.

          From the above data is not difficult to see that the smart bracelet is still the market's most recognized class of wearable devices. However, we also noticed that the growth curve of such devices will gradually stabilize in the future.

          At the same time, smart watches shipments are on the rise, gradually eroded the market share of smart bracelets.

          Smart wearable devices manufacturer-Dongguan Fit-Watch reports.

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