KPMG: China's smart wearable market reached 105.3 billion yuan in 2025, with a compound annual growth rate of 11%.

Zhito Finance APP has learned that KPMG has released the "2026 China Smart Wearable Market Insight Report." The report points out that China's smart wearable market is maintaining rapid growth, increasing from RMB 69.5 billion in 2021 to RMB 105.3 billion in 2025, with a compound annual growth rate of 11% during the period, close to the global level of 12.2%. Wrist-worn devices are the most mature and largest core category. In the first quarter of 2026, China's wrist-worn market shipments reached 18.14 million units, a year-on-year increase of 3.5%, accounting for 38.6% of global wrist-worn market shipments, continuing to maintain its position as the world's largest wrist-worn device market.