Market research firm ON World predicted in the latest report that the market economy of the global wearable device industry will reach $50 billion in the next five years. ON World refers to wearable devices including smart watches, smart glasses, and a variety of other wearable sensor devices. ON World predicts that in the next five years, global wearable device shipments will reach 700 million units. The analyst firm also predicts that by 2018, global smartwatch shipments will reach 330 million units, significantly exceeding the nearly 3 million units in 2013. ON World predicts that hardware will become a major revenue-generating channel in the wearables space over the next five years, although monitoring services, mobile applications and other subscription services will also see growth. The agency also predicts that sales of smart watches, smart glasses and wearable sensors will exceed wearables with health and wellness as its primary function, and by 2018, smart watches, smart glasses and wearable sensors will account for More than two-thirds of the revenue of the entire wearable device market. ON World believes that smart watches will subvert the current technology market and claim that "smart watches will replace the application needs of many smartphone users." The analyst also surveyed 1,000 consumers and found that about 55% of respondents prefer to use smart watches instead of other wearable devices; in addition, about 38% of respondents intend to use health-oriented Technology application. Although Apple's smart watch may not be released until this fall, ON World's survey found that "Apple's iWatch smart watch has not yet released, but it has become the most popular smart watch for consumers." After investigation, ON World also found that price is also a major factor affecting consumers' purchase of wearable devices. About 40% of respondents are willing to pay $99 or more to purchase tracking blood pressure, heart rate and other activities. At the same time, only 8% of users are willing to pay $299 or more to purchase these wearables. ON World estimates that about 70 different companies will compete in the wearable device market in the future, and about half of them mainly produce smart watches. ON World said in the report: "In 2013, the top five manufacturers of the global smart watch market were Samsung, Nike, Pebble, Sony and Garmin. In 2014, more new companies will join the ranks, including LG, Motorola, Nissan, etc." The following are some of the smart watches produced by some of the leading companies in the market (some are still not available), such as: Apple's iWatch, will be configured with iOS 8 operating system, with biometrics and other sensor functions, the display is said to be between 1.3 and 2.5 inches; Samsung's fourth smart watch, Gear Live, will be equipped with Android Wear system with 1.63 inches display; Nike+ Sportwatch GPS; The Pebble; Sony's SmartWatch; Garmin's Fenix ​​2; LG G Watch and Motorola Moto 360 Wait. Panasonic provides extremely dependable electronics assembly equipment in the areas of SMT (surface mount technology), PTH (pin through-hole), and processes involving microelectronics back-end packaging of any-mix circuit manufacturing. We offer first-class equipment ranging from screen printers and dispensing, through component placement and inspection, up to axial and radial insertion, die bonding, die attach and flip chip. Our equipment is used all around the world to enable the production of the most modern technology. Panasonic Smt Machine,Panasonic Chip Mounter,Smt Panasonic Machines,Panasonic Smt Equipment Shenzhen Keith Electronic Equipment Co., Ltd. , https://www.aismtks.com
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