The Chinese wearable device market has begun to grow substantially. According to iiMedia Research's index, China's wearable device shipments reached 13 million last year, an annual increase of 150.0%. This year, China's wearable device shipments increased by 169.2% to 35 million.
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By 2017, China's wearable device shipments will reach 98 million.
This year, China's wearable device sales are expected to reach 10.56 billion yuan ($1.72 billion), an annual increase of 132.1%. By 2017, China’s spending on wearables will reach 30 billion yuan ($4.88 billion).
What is included in wearables is still an open question, and many analyses show that Apple's goal is to provide high-end Apple Watch for the Chinese market, but most Chinese are not sure if they need it.
Compiled from: eMarketer Translator: Sun Ying
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