General situation of smart watch industry

First, advantages

1, investors from all walks of life are optimistic about this industry.

Smart watch is a very popular concept in recent years and is favored by many investors. With the participation of domestic investors, the development environment of smart watch industry will be further mature, and the scale of industry enterprises will continue to expand, improving the overall strength of the industry.

2. Demand continues to grow.

There is still much room for growth in the demand for smart watches in China. With the improvement of domestic consumption level, the market capacity of smart watches in China will maintain a steady growth trend in the future.

Second, shortcomings.

1, the backward related technology and weak technical force of domestic enterprises are one of the main reasons that hinder the development of China's smart watch industry.

2. Lack of internationally renowned brands and weak competitiveness in the global market.

3, market disorder, shanzhai and counterfeit products have been repeatedly banned, disrupting consumers' sight.

Third, opportunities.

China has a large population. With the development of China's economy and the improvement of people's living standards, the improvement of residents' consumption level will drive the development of domestic smart watch industry. Therefore, the smart watch market in China is a market with great potential, and domestic smart watch products have great development opportunities.

Fourth, threats.

1, the competition of foreign brands, the sales volume of foreign smart watch brands in China market is increasing every year, which has caused more and more impact on industry enterprises.

2. The development of large local enterprises will have a certain impact and threat on other enterprises in the industry.