Market Trends

Smartwatch Market Overview: Apple Inc., a global leader in the smartwatch market, publicly declared that it now sells more Apple Watches than the entire Swiss watch industry combined. Internet of Things (IoT), since its inception, has enhanced the conduct of our daily routines starting from communication, lifestyle, travel to trade. Smartwatch is another example of a traditional, mechanical wristwatch converging with the Internet and failing to retain its original identity. A smartwatch can be defined as a computerized device, fashioned to be worn on the wrist with operations matching up to those performed by thermometers, accelerometers, and pedometers. A smartwatch offers functionality and competences identical to those of a smartphone and executes numerous functions like providing internet connectivity, running mobile apps, making calls, messaging via text or video, checking caller ID, accessing stock and weather updates, delivering health monitoring updates, and offering GPS coordi