The Chinese wearable device market is steadily dominated by local vendors including Xiaomi, Lifesense and Okii. Emerging wearable device startups represented by Mobvoi , Huami and Bong ramp up.
Chinese vendors move from making exploratory innovation in wearable device functions to translating such innovation into essential functions for most products.
Payment is deeply becoming an indispensable function of Chinese-made wearable devices. Through NFC, QR code scanning and others, Chinese vendors have become both pioneers and bellwethers in the wearable payment field.
2016, Mobvoi and Huami were the first Chinese manufacturers to introduce offline music storage to their smartwatch ranges. This is set to become the next major function for new wearable devices, according to IDC.