Although the wearable market has been in a downturn in the past two years, many manufacturers’ products have suffered from the market’s heavy losses, and smart watch companies Pebble and Vector sell at low prices to seek self-protection. The recent loss of Jawbone, the originator of the bracelet, has also caused all manufacturers in the industry to have New thinking.
After several shuffles, the market eventually returned to rationality. After four years of market education, users’ acceptance of smart watch bracelets is still much higher than other wearable devices. At this stage, the reason why smart watch bracelets are in a downturn is because product innovation and application scenarios are temporarily caught in the bottleneck. As long as there are new innovations and technologies, smart watches will be a huge market.
IDC mentioned in the report at the end of last year that the wearable market will achieve more vigorous growth within five years, while the growth of smart watch shipments is inevitable, and it is expected that the growth will more than double. The 2017 Q1 global wearables shipments totaled 24.7 million units, an increase of 17.9% year-on-year, showing that the market is picking up.