On the morning of December 26,IDC released the report on China's wearable device market in the third quarter of 2019, which showed that the shipment volume of China's wearable devices in that quarter was 27.15 million units, an increase of 45.2% year-on-year, with Xiaomi, Huawei and apple in the top three market shares.
IDC sends Q3 China's wearable equipment shipments
In addition, IDC said that with the summer vacation and the beginning of the third quarter, the young talents of step-by-step high ushered in the peak selling season of children's watches, ranking first in the children's watch market. After acquiring Kido, Qihoo 360 still takes 360 as its main shipping brand, ranking fifth at present.
Forecast for the next five years
IDC said that the large-scale shipment of Xiaomi Bracelet 4 in the third quarter was an important factor to ensure Xiaomi's stable first place. Similarly, the launch of Huawei Bracelet 4E and children's watch and other products helped it achieve the same and month on month growth, while Apple also attributed to the launch of new products such as airpods pro.
On the functional side, the LTE version will gradually increase, with 28 per cent of adult watches expected to have independent communication functions by 2023, and headphones will gradually be equipped with independent computing chips. Wearable devices will have more access to the IoT ecological platform, and by connecting to home, mobile and on-board smart devices, they will be more inclined to IoT.. in terms of application scenarios
It is worth mentioning that although the top five rankings of the quarter remained largely unchanged, their market share rose to 70.2% from 598% last year, while the share of the corresponding other manufacturers shrank sharply. (Yu Ze)