There is no doubt that China is the global R&D and manufacturing center of smartwatches. Most high-quality smartwatch factories are concentrated in Shenzhen, a first-tier developed city in China. Shenzhen is the technology R&D center of China, so most factories choose Shenzhen and surrounding cities. In recent years, the shipments of China’s smartwatch industry have been increasing year by year, with a compound annual growth rate of 29.6% from 2014 to 2019. According to IDC, a total of 35.86 million children’s and adult smartwatches were shipped in China in 2019, according to preliminary estimates. Smartwatch shipments in China reached 40.21 million units in 2020.
Chinese smartwatch makers have partnered with brands around the world to meet growing demand. Here are the 7 Best Smartwatches Manufacturers and Suppliers.
Smartwatch is one the most popular smart devices in the market, compared to other traditional industry smartwatch that is new in the market. Strictly speaking, smartwatch industry development history is quite short in China but increasing speed is super fast.
In this post, you will have a general idea about the smartwatch industry and will be helpful for you if you want to sell or buy a smartwatch. Follow us to see smartwatch history in China and understand its near future.