Advantage
1. Investors from all walks of life are optimistic about the industry
Smart watches are a very popular concept in recent years and are favored by many investors. With the addition of domestic investors, the development environment of the smart watch industry will further mature, and the scale of industry enterprises will continue to expand, improving the overall strength of the industry.
2. Demand continues to grow
There is still a lot of room for growth in the demand for smart watches in China. With the promotion of domestic consumption levels, the market capacity of smart watches in my country will maintain a steady growth trend in the future.
Disadvantage
1. The backward technology and weak technical strength of domestic enterprises are one of the main reasons hindering the development of my country’s smart watch industry.
2. Lack of well-known international brands and weak competitiveness in the global market.
3. The market order is chaotic, and counterfeit and counterfeit products have been repeatedly banned, disrupting the sight of consumers.
Chance
my country has a large population. With the development of my country’s economy and the improvement of people’s living standards, the improvement of residents’ consumption levels will drive the development of the domestic smart watch industry. Therefore, my country’s smart watch market is a market with great potential. Great development opportunities.
Threaten
1. The competition of foreign brands, the sales of foreign smart watch brands in the Chinese market continue to grow every year, causing an increasing impact on industry enterprises.
2. The development of large-scale local enterprises will cause certain impacts and threats to other enterprises in the industry.