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.

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.

Some of the major players in the China market include Samsung Electronics Co. Ltd., LG Electronics, Inc., Google LLC, Microsoft Corp., Apple, Inc., Garmin Ltd., and others. In July 2018, iFlytek, China-based AI technology company has further enhanced its healthcare offerings by leading the Pre-A round investment into Cyrcadia Asia, a company indulged in manufacturing smart wearable vest that provides accurate early breast cancer detection. In February 2018, Xiaomi Corp. and Microsoft Corp. signed a memorandum of understanding (MoU) to develop advanced cloud computing solutions, AI and hardware and to integrated it with Xiaomi’s products. Hence, in the forecast period, China is expected to be the leading country in the wearable AI market in the region as there are a lot of growth opportunities available.

Research Methodology

The market study of China Wearable AI market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for IT companies, healthcare companies, research institutes, hospitals, and government organizations, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of the market size and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. China Wearable AI Market Research and Analysis by Product Type
2. China Wearable AI Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the China Wearable AI market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China Wearable AI market.
• Insights about market determinants which are stimulating the China Wearable AI market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.