New research from Strategy Analytics WDE (Wearables) service shows global smartwatch prices fell -2% YoY during Q3 2020. This is their lowest level for two years. Smartwatch Prices
Smartwatch prices have been falling as wearable technology becomes more and more commonplace.
As technology improves options expand, and today we can see a massive range of features and designs on offer. There’s more choice than ever before, and even cheap smartwatches are now delivering power previously reserved only for premium devices. From ECG-enabled heart rate monitors to Alexa and Google Assistant compatibility from your wrist, smartwatch sales of all prices now offer an intelligent and intuitive piece of kit for less cash.
Those improvements mean lots of new models, which means lots of great smartwatch prices.
A flood of cheaper Chinese models, from Xiaomi and others, is driving down the industry’s ASP. The smartwatch price wars have begun.
The Apple Watch has now migrated to watchOS 7, which brings a heap of new features including native sleep tracking – and users down to Series 3 can install the latest version. The Apple Watch App Store is also unrivalled in the wearables world.
Wear OS smartwatches (formerly known as Android Wear) haven’t reached the heights of the Apple Watch, but there are still some great options out there if you’re not too worried about fitness and health features, which are weaker than its rivals.
A custom OS may seem like a turn-off, but often they have huge benefits. Amazfit and Huawei smartwatches boast up to 14 days battery life – something the Apple Watch and Wear OS just can’t offer.
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