5G is about to be launched, and now global technology companies are laying out smart wearable devices, which is also the product of the vision of future life, for the future is quite enhance the user experience of the existence. And wearable devices, from a certain point of view, is also to open the 5G Internet of Everything a key chess piece.
Current market size of wearable devices
According to IDC data, in 2018, the global shipment of wearable devices reached 172.2 million units, and the product field covers watches, bracelets, headgear, wearable headsets, clothing, etc. In 2019-2020, 5G networks will be commercialized and become the super information channel of the Internet of Things, and wearable devices, as the people contacting the the closest IoT terminal, will be rapidly popularized.
(Wearable device industry chain)
Wearable device products, mode, market level will be in-depth development, fitness and sports and digital medical wearable devices ushered in the development opportunities
With the gradual enhancement of consumers' requirements on the quality of life, the future development of wearable devices will not only be technological progress, but also in the product, commercial and business sectors.
From the point of view of market segments, digital medical wearable device applications combined with the call for help positioning function, will be very suitable for the elderly or special groups market. Therefore can be used as software for smart phones, but also equally suitable for wearable devices. From the experience of foreign countries that have applied it, medical-related products, although useful, face the problem of low user stickiness. Unless it is y combined with online medical applications, the public channel is not suitable for the promotion of such products for the time being. Therefore, it may be more appropriate to choose system-level integration with smart device manufacturers through modular implantation.
Safety wearable device application technology threshold is low, targeting a clear consumer group, to meet the rigid demand, based on the GPS positioning security applications are likely to become the wearable device following the health, sports monitoring outside the next big direction. Safety and first aid software can be applied to smartphones and wearable devices. For children, the elderly, and disease and other special groups will be divided into different segments. Especially for the elderly and children, the launch of the main health, safety and first aid combination of wearable products market prospects.
Educational wearable device applications belong to the education technology products, so that students can more naturally interact with the surrounding environment, to complete a new type of learning mode, that is, "experiential" learning. At the same time, students have access to more diverse educational resources and more personalized learning guidance.
Fitness and sports wearable device applications, due to the sports monitoring function is like a smartphone schedule management applications, exercise a lot of people, but the need to put everything in a well-organized layout of the people are very few; in addition, the market price of the product is high for a number of wearable devices, but also enough to pay for the user to pay for a cycle of fitness in the gym, on the cost-effective and the need for sports monitoring function market is not as manufacturers expected Functional market is not as broad as manufacturers expected. Therefore, for sports wearable device manufacturers, in addition to the traditional sports monitoring function, they also need to expand the product function from other more aspects, such as personalization, social functions, etc., in order to enhance the competitiveness of their products.
But consumers are now showing strong interest in wearable technology for healthcare and fitness control, both in terms of hardware and software. And this type of can also be treated as a future growth opportunity for wearable devices. According to the survey, more than half of the respondents expressed interest in devices and applications for health monitoring, fitness tracking, or personal safety monitoring, and that interest is growing.
According to statistics, the size of China's fitness and sports wearables market was about 15.5 billion yuan in 2017, and it is expected that by 2023 this market is expected to exceed 30 billion yuan. With the future popularization of the 5G network, such devices will have a deeper development space worth exploring in the two aspects of medical health and fitness and sports.