A mode switching method of wearable equipment and the wearable equipment are disclosed. The method comprising: confirming a current mode being a sleep mode, detecting an accumulated time of a motion state, judging whether the accumulated time is greater than a first predetermined time period and switching to a fake sleep mode if it is; and detecting an accumulated footsteps and a sleep state, which by judging whether the accumulated footsteps in a second predetermined time period is greater than a threshold footsteps and switching to the motion state if it is; and judging whether the second predetermined time period is experienced in the sleep state and switching to the sleep mode if it is. The present invention can improve the accuracy, while reducing power consumption.