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Industry Dynamics

Smart wearable devices could break 10 billion in the next two years

Update time: 2019-11-20     Sources of information: Dongguan Fuminghui Watch Product Co.,Ltd.     Number of visitors: 1221

OFweek wearable device network news: the notice on the implementation of 2013 mobile Internet and 4G industrialization issued on October 8 proposed a number of measures to boost 4G and other hot areas, a bright spot is the reference to intelligent wearable devices. Analysts believe that as the next hot spot of intelligent terminals, with the continuous maturity of the basic conditions of mobile Internet, wearable devices will be more widely used in the future. With the advent of 4G era, wearable devices are expected to be applied in more fields, which will inject more themes into the intelligent terminal industry chain.

The industry is still in its infancy

According to the relevant notice of the national development and Reform Commission, it is required to strengthen the application oriented to the mobile Internet, develop a large-scale commercial multi-type wearable device, and focus on supporting the research and development of low-power wearable device system design technology, new human-computer interaction technology and new sensor technology oriented to wearable devices, interconnection and sharing technology between wearable devices and intelligent terminals, wearable device applications and The supporting system technology realizes the industrialization of wearable equipment products.

With the innovation space of smart phones gradually narrowed and the market increment close to saturation, smart wearable devices as the next hot spot of smart terminal industry have been widely recognized by the market. In the early stage, the launch of wearable devices by companies such as fanda technology and Jiuan medical has aroused strong market repercussions, while the recent launch of smart watch gear by Samsung, a consumer electronics giant, indicates that smart wearable devices have entered a new stage.

Samsung and LG, two of the biggest electronics giants in South Korea, have announced that they will launch smart phones with flexible OLED panels, which are expected to expand to applications such as wearable devices. It is reported that after Samsung, apple is also following up on Intelligent wearable devices, not excluding the release of wearable electronic products similar to Iwatch in the future.

At present, China's wearable device market is still in its infancy, but there is a huge market growth space in the future. According to the 2013 China wearable device Market Research Report released by AI media consulting, the market scale of China's wearable device reached 610 million yuan in 2012, and it is estimated that the market scale of China's wearable device will exceed 10 billion yuan in 2015, reaching 11.49 billion yuan.

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