The COVID-19 pandemic isn’t over and judging by the latest reports, it won’t be over anytime soon. And while the situation is dire and the death toll keeps on rising, there’s one unexpected effect that will supposedly boost the smart accessory market. The latest forecast from technology market analyst firm Canalys expects shipments of smartphone accessories, namely wearable bands and TWS devices, to exceed 200 million units and 350 million units respectively in 2021.
“Consumers’ attention to health and wellness has increased significantly during the pandemic, which is a great opportunity for wearable devices, such as those from Xiaomi, Garmin, Fitbit, and Huami, etc. Engagement in indoor activities such as remote learning, working from home and home entertainment, as well as outdoor sports and recreation also continued to rise. This ushers in greater than expected growth, particularly for TWS headphones, such as those from Apple, Samsung, Jlab, and QCY, etc,” Canalys Research Analyst Cynthia Chen comments.
There’s also a psychology angle to all this. People are scared of the virus and try to stay healthy, exercise more, and be physically active in general. A smart band or a smartwatch can act as an additional motivator for doing this. And since the virus is here to stay (at least until we figure out a vaccine) sales of smart accessories will most likely increase significantly.
Source: Phonearena
Easy access to direct links at the highest speed
Includes: Official ROMs, Unofficial ROMs, Combinations, Custom recovery and ...
Professional online support for customers who need guidance.
Guaranteed returns money if you have trouble downloading or download links
Comments