In today’s technology-driven climate, smart wearables have experienced a surge in popularity, exceeding 490 million
. Smart wearables are not merely pieces of technology that are worn, they also have the programming ability to sync with a mobile device or cloud and display information in an app or web browser. The smart wearables industry includes fitness-tracking bands, smartwatches, smart glasses, smart clothing, and smart headphones. These products make use of modern tracking methods to monitor health and fitness levels.
Asia-Pacific smart wearables market
In recent years, the Asia-Pacific region overtook North America to become the biggest market in terms of
smartwatch shipments worldwide, with China and India alone making up about 40 percent of the market. Alongside increased levels of consumerism, the share of connected smart devices throughout the Asia-Pacific region is set to increase.
Xiaomi,
Huawei,
Samsung,
Apple, and
Fitbit are among popular brands in the APAC region that produce smart wearables. It appears popularity among smart wearables across the Asia-Pacific region has increased with the progression of the possible functions smart wearables can demonstrate. Interestingly, a vast share of consumers across the region have cited fitness functions as the biggest factor in using smart wearables. At the same time, South Korean consumers have listed easier accessibility to smartphones as a
motivation for purchasing smart wearables.
Smart wearables outlook
The future of smart wearables in the Asia-Pacific region appears to be promising.
Revenue of the Internet of Things in major markets such as China, South Korea, and India was forecast to keep growing. Almost all wearable device segments look likely to continue growth worldwide, with smartwatches and ear-worn devices leading the categories. Smart clothing and augmented reality devices also have huge growth potential.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.
