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China's wearable devices market size to top 2 bln yuan in 2014

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2014-12-15 GMT+8:00

BEIJING, Dec. 15 (Xinhua) -- China's wearable devices market will see its annual business scale exceed two billion yuan this year, according to a recent forum held in Shanghai, the Xinhua-run cnstock.com reported on Saturday.

Statistics show the market size was 900 million yuan in 2013, growing 80 percent year on year.

An official with Shanghai's science and technology authority said wearable devices are expected to become the second most popular terminal following smartphones and become another important portal to mobile Internet.

The maturity of wearable devices market is expected to boost the development of the whole industrial chain, benefit the transformation of traditional hardware industry, and bring new opportunities for the industries related to new monitoring, sensor and material technologies.  (Edited by Li Xiaoyu, Lixy@xinhua.org)

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