Canalys released a report saying that in the fourth quarter of 2020, TWS headsets and wearable watches have become important ancillary equipment for smartphones.
Canalys’ latest statistics show that, as two market segments in the consumer internet of things, personal smart audio and wearable wristband devices will reach new heights in 2020. In 2020, personal smart audio devices will grow by 20% to 432 million units, while wearable wristband devices will grow by 10% to 185 million units.
The report points out that driven by strong consumer demand and strategic shifts in supplier ecosystems, TWS headsets have emerged as the two dominant categories, accounting for more than half of the shipments in their respective market segments.
Canalys stated that, on the other hand, the wearable wristband device market will begin to tilt significantly towards wearable watches by the end of 2020. Considering that the supply chain is constrained by component shortages.
Canalys predicts that personal smart audio will increase by 15.6% to 500 million units, and wearable wristband devices are expected to expand by 10.2% to 204 million units.