According to IDC report, in the fourth quarter of 2020, China’s wearable market shipped 30.26 million units, a year-on-year increase of 7.7%. The shipments of basic wearable devices (wearable devices that do not support third-party applications) were 25.18 million units, an increase of 10.3% year-on-year. However, shipments of smart wearable devices hit 5.08 million units, a year-on-year decrease of 3.6%.
As per the record, the Chinese giant Huawei continues to maintain its No. 1 position in the market this quarter. Its main source of growth is the headset product line (Freebuds Pro) and the GT Watch series (Watch GT Pro).
Xiaomi ranked in the second position, Apple third with Apple Watch product line growth basically because of the Series 6 and Series SE.
Despite the US ban Huawei still remains on the top with its smart products. Recently, Yu Chengdong, Huawei’s consumer business CEO announced on Weibo that its wrist wearable market share is the highest in the world. The wrist wearable segment includes smartwatches and smart bands.
Yu Chengdong also said that in the future, more of Huawei’s smart wearable products will be tested at the lab. The only products that will eventually hit the market are those that will pass the tests. The company will collaborate with local sports health innovation capabilities to create an innovative, leading, and open Huawei sports health ecosystem. In addition, Huawei plans to build another sports health laboratory in Songshan Lake, Dongguan.
