Taipei, Friday, Mar 29, 2024, 22:13

News

Smartwatch is Becoming the Major Growth Driver for Wrist Wearables

Published: Apr 08,2017

With 41.8 million units sold and an annual growth rate of 67% in 2016, smartwatch is expected to sustain an annual growth rate of 50% and achieve a sales volume of 62.7 million units in 2017 whereas the forecasted sales volume for smart wristband is 57.4 million units, according to Taipei-based IT research institute MIC (Market Intelligence & Consulting Institute).

More on This

ChatGPT to Drive Orders for Servers Equipped with AI Accelerator Cards: MIC

Since opening to the public at the end of 2022, ChatGPT`s user base has continued to grow, surpassing 100 million users. Driven by ChatGPT...

Taiwanese Manufacturing industry Concerned about IT Security

TAIPEI, Taiwan - Taiwan's IT research institute MIC (Market Intelligence & Consulting Institute) conducted surveys in la...

"The strong growth can be mainly attributed to the ICT and watch companies` devotion in smartwatch development. Other reasons may include smart wristband vendors joining the playing field, and the general public becoming more aware of smartwatches. As a result, the ASP for wrist wearables is on the rise, in turn expanding the overall market," says Ian Wang, industry analyst with MIC.

CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to en@ctimes.com.tw

1379 viewed

Most Popular

comments powered by Disqus