China Wearable AI market is estimated to grow significantly at a CAGR of 29.6% during the forecast period. There are a lot of opportunities available in AI technology in China. AI technologies such as robotics and wearable AI are growing at a rapid speed. According to Asia Business Council, in 2017, China’s State Council announced that over next decade, China would expand its prevailing business and focus to become a prominent player by 2030 in the domains such as virtual reality, self-driving cars, smart robots (that can learn from their surroundings and build on their capabilities based on inbuild knowledge) and military applications.
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The market is segmented on the basis of product type and application. Based on the product type, the market is segmented into smartwatches and fitness bands, eyewear, earwear, and others. AI-based smartwatches and fitness bands segment is estimated to hold a significant share and is estimated to show optimistic growth during the forecast period owing to the increasing product launches for AI-based smartwatches and fitness bands. Further, on the basis of application, the market is segmented into consumer electronics, gaming, enterprise, and others.
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Market Segmentation
China Wearable AI Market by Product Type
- Smartwatches and Fitness Bands
- Eyewear
- Earwear
- Others
China Wearable AI Market by Application
- Consumer Electronics
- Gaming
- Enterprise
- Others
Company Profiles
- Apple, Inc.
- Garmin Ltd.
- Google LLC
- Huami Corp.
- Huawei Technologies Co. Ltd.
- iFlytek Co. Ltd.
- LG Electronics, Inc.
- Microsoft Corp.
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