Increasing Demand of Wearable Technology To Drive Use of Smart Watches in the world
Smart watch is an enhancement to a personal digital assistant (PDA) device. A Smart watch is a computerized functionality which can perform tasks such as translation, calculations, and game-playing, compass, speaker, GPS navigation, and camera among the others. Smart watches allow connectivity to a smartphone wirelessly and thus reliability and simplicity to use are key trends driving the smart watches market currently. A basic consideration for the smart watches market to sustain is the suitability to wear it all day.
The global smart watches market is witnessing high research and development by the leading companies such as Apple, Sony, Samsung, among the others which is expected to increase the demand of smart watches in near future.
Factors such as increased use of smart phones, tablets, innovations related to development of compact sensors, computer chips, and screens, among the others are projected to drive the smart watches market during the forecast period. Small display screen size, complexity to use, and high price is restricting the adoption of smart watches by the customers and thus affecting the market growth. Thus, smart watches could uphold the market by providing features such as response to voice controls, tracking movement and activity of an individual which can be considered as opportunities for the smart watches market.
The smart watches market is segmented on the basis of clock face type, and mobile platform type. Further the clock face type segmented is classified as digital and analog. The mobile platform segment is sub-segmented as android, windows phone, and iOS. The prominent players of the smart watches market include Google, Qualcomm, Kreyos Meteor, Samsung, Apple, and Casio, among the others.
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