Do you think smart watches can replace traditional watches? Are smart watches useless or necessary?
The questioner has two questions, I will answer them separately for you!
Are smart watches useless or just necessary?
First of all, I personally think that smart watches have the basic function of telling time, and they are also a fashionable decoration on the wrist. Smart watches can not only conveniently check, reply to messages, and answer calls, but also are more convenient than mobile phones. , small and exquisite, easy to carry. Sometimes it is inconvenient to pick up the mobile phone to check. You can view the map app, temperature, date, environmental noise, to-do list, fitness exercises, etc. by lifting up the smartphone. It is equipped with exercise sensors to monitor sleep and snoring, etc. It can be viewed anytime and anywhere, which is better than when the mobile phone is out of power. Therefore, smart watches still have broad prospects, and there is still a strong market demand for people who want to wear smart watches.
Do you think smart watches can replace traditional watches?
No. Smart watches, like smartphones, have accurate time and many functions, but they are updated quickly and will become electronic waste in a few years. Mechanical watches are expensive and will stop if they are not wound or left for a long time. Not to mention compared with smart watches, even a children's electronic watch worth 5 yuan is more accurate than a mechanical watch. However, mechanical watches are composed, artistic and exquisite in mechanical combination, full of connotation and taste, and have a high value retention rate.
Although it will not be replaced, the space will be squeezed. Many people I know around me have switched to smart watches. The mechanical watches they usually wear usually cost between 2,000 and 3,000 to 10,000 yuan. At this price, you can’t show off anything. They are not as practical as smart watches. Compare each other. When we meet, we always ask each other how many steps we have run, which is quite healthy.
Personally, I think smart watches are pretty good, but have you noticed that wearing a traditional watch brand is very important and a symbol of one’s status, but smart watches can almost be ignored, they are almost the same, which proves that you are a technology trend. Fan can greatly shorten the distance with everyone and generate self-confidence, which should become a necessity in the near future.
The above is my opinion, I hope it will be helpful to you.
Shipments are growing rapidly
Smart watches are one of the smart wearable devices that major technology companies have focused on in recent years. Since 2017, with the gradual enrichment of smart watch functions and As prices have fallen, global smartwatch shipments have increased significantly, from 32 million units in 2017 to 1.275 units in 2021, with an average annual compound growth rate of 41.28.
Apple has obvious advantages, with North America being the largest market
In terms of brands, Apple is currently the leading company in the global smart watch field, with market shares of 32 and 32 in 2020 and 2021 respectively. 37. Followed by Samsung and Huawei, Samsung's market share in 2021 is 10, a year-on-year increase of 1 percentage point, while Huawei's market share is 8, a year-on-year decrease of 3 percentage points.
In terms of regions, North America will be the world’s largest smartwatch market in 2021, accounting for about 30% of the global smartwatch market. China ranks second due to its huge demand for children’s smartwatches, occupying the second place. It has a market share of approximately 24% in the global smart watch market, while the market shares in Europe, Asia-Pacific (excluding China and India), and India are 19, 14, and 10 respectively.
From the perspective of operating systems, in the global smart watch market in 2021, smart watch proprietary operating systems or RTOS will still dominate. With the popularity of Apple Watch, WatchOS accounts for nearly one-third of the market share, and as Samsung's smartwatch operating system switched from Tizen to WearOS, WearOS's market share rose to 10, ranking second. The market shares of Huawei and AMAFIT are both 5.
The Indian market is developing rapidly
As the largest developing country after China, India’s consumer electronics market has also maintained a rapid growth rate in recent years; in 2021, India’s smart Watch shipments increased by 274% year-on-year, much higher than the growth rate of the Chinese and North American markets; in the first quarter of 2022, India’s smartwatch shipments increased by 173% year-on-year.
——The above data refers to the "China Smart Watch Market Prospect Forecast and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute
What are the prospects for the future development of smart watches
From 2012 to the present, domestic attention to the smart watch industry has experienced a rollercoaster-like change. After the rise of the concept in 2014 and the market expansion in 2015, this year the smart wearable industry, especially smart watches, has experienced an obvious overall decline. situation.
According to the "China Wearable Device Industry Market Prospects and Investment Strategic Planning Analysis Report", judging from the market weakness and industry status quo, smart watches have basically reached a temporary bottleneck period before they have become mainstream. . Especially after many data agencies recently released information about the current status of the global smart watch market, there has been a wave of need to stand under the media public opinion, but in my opinion, this is only a temporary bottleneck.
Although the development of the smart watch industry may not be smooth in 2016, the entire wearable device field will definitely usher in growth in 2017, because many new technologies and more advanced chips invested this year will Will appear one by one, I believe the smart watch market will reach a new height.