The Global Wrist Wearable Market
With a focus on the aesthetic sense of users and health
parameters, the global wrist wearable market is expected to grow in terms of
shipment and in terms of revenue. Apple and Samsung are the leading
manufacturers of wrist wearable devices in the market as of 2016, according to Technavio.
I can also observe that, this market
is fragmented and competitive with an increasing number of new vendors entering
the market with low entry barriers.
Fitbit is
leading the momentum, and new entrants like Xiaomi may be a threat to the existing leading
vendors in the future.
According to
Technavio, Top seven wrist wearable
market vendors include: Apple, Fitbit,
Garmin, Jawbone, Lenovo, Samsung Electronics and Xiaomi.