Smart wearables in the Asia-Pacific region - statistics & facts

Asia-Pacific smart wearables market

Although North America used to lead with the highest share of wearable device sales, the Asia-Pacific region overtook in the past year. 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 Asia Pacific 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.

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