Taipei, Friday, Feb 23, 2018, 22:38

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

Demand for Driverless Cars and Smart Driver Assistance Systems Expands Facial Recognition Applicatio

In line with the megatrend towards smarter and informative vehicles, automakers have aggressively developed new technolo...

China’s Top 4 Brands See Steady Growth While Xiaomi Resuming Momentum

The Chinese smartphone market has paced faster since 2011, reaching 460 million units in 2017, according to Taipei-based...

"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

623 viewed

comments powered by Disqus