According to Euro monitor, after beginning of wearable smart device market in 2013, market is growing a lot, from AUD 8 million to AUD 700 million in 2017.
Smart watch, such as, Apple watch and Galaxy watch, includes many functions just like as a smartphone, but because of the limitation, for instance, more than $500, heavy product compare with activity band, more activity bands are selling in Australia.
Most of customers brought smart wearable devices in offline market, which is opposite as other electric appliances. Because, many people want to research various product line-up from different brands, and they want to wear it before purchase a product.
Information from KOTRA(Korea Trade-Investment Promotion Agency)
