According to relevant data, before the end of 2021, wearable devices can provide mobile operators with annual revenues of up to 12 billion US dollars, and the average annual compound growth rate between 2018 and 2021 is about 36%.Between 2018 and 2021, wearable device shipments are expected to increase at a compound annual growth rate of approximately 22%.

　　By the end of 2021, the market value of wearable devices will be as high as 450 billion U.S. dollars, and annual shipments will exceed 250 million U.S. dollars. In terms of annual wearable device shipments, the top five manufacturers such as Apple, Xiaomi, Fitbit, Samsung, and Garmin accounted for over 55% of the market.

　　Researchers point out that mobile connectivity and related advanced features, such as VoLTE, are increasingly being integrated into consumer-centric wearable devices such as smart watches.

　　With wearables connected to key trends such as healthcare, fitness, messaging, and social networking, wearable technology ecosystems are attracting more and more companies. Researchers point out that companies such as smart phone OEMs, mobile operators, health insurance companies, retailers, and small startups are striving to gain a place in this field.

　　In the coming months and years, wearable devices are expected to accelerate adoption of mobile Internet of Things standards such as NB-IoT (narrowband Internet of Things) and eMTC (Enhanced Machine Communications), and 5G NR (New Radio) air interface It plays a key role in the new wireless connectivity technology within.