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25 Sep 2014
Smart Watches Rise In Demand As 45 Million Expected To Be Shipped By 2017

Our prime-tech device set to witness a gigantic 350% growth at the end of 2014

Watches today have a new term added to them-SMART. By clicking the screen on their wrist, the evolution of smart watches changed the purpose of using watches vastly; the current users of these watches get everything updated just. Gone are days when watches were mere time showing devices; they may be today highly upgraded technology devices that are expected to get a mammoth increase in sales from being the current small sector. The sales of these smart watches are expected to cross a whopping 350% by the end of this year and if the experts are to be trusted, this is just the start. Wholesale Smart Watches

The smart watch industry recorded a shipment of 20,000 wearable branded devices from the first one half of 2013. The same shipment numbers jumped by a brow raising 700% and recorded a shipment of 1.6 million devices including different brands. These units are becoming more famous among its users because the count of tech geeks by using these wearable devices is increasing worldwide. The shipments are estimated to seal at over 8 million at the end of 2014. The device is predicted with an additional 15 million sales just in a year because the shipment units will likely reach an enormous 23 million through the close of 2015.

Fitness monitoring is the leading application found in these smart watch devices despite the fact that the amount of users today is fairly low; it will definitely jump as health awareness and healthcare segment is developing fast thus making the utilization of such advanced technology for constant monitoring necessary. According to the market research, specialists from the segment indicate that the current year 2014 will be the game changer for these smart brands and place their demands to unprecedented rates for the years to come.

As stated before, fitness is the major concentrated segment for this smart watch market as personal self-health monitoring was first made a reality in early 2013. Fit-bit launched the first health tracker and holds a dominating share of 58% from the total market demand since its introduction during 2013. The company has its variants such as Flex and Force that have massive introductions in October and May respectively. The smart wearable maker is then Jawbone UP which holds a 21% market share and Nike's Fuel-band variety of devices with a share of 13%.

According to the shipment records of these hi-tech devices; Samsung rules the market with its Galaxy Gear product which held a share of 54% through the second half of 2013. The maker pushed this product using a nickname "Smart Band" which as expected transformed into a craze among its users. A list is accompanied by Sony using a 19% share and Pebble which posted 16% sales for the year 2013. Others together displayed a notable performance with an 11% sale. Wholesale Smart Watches

Licia Margarete has a desire for writing and has chosen it as her fulltime profession; she actually is a Content Analyst at Bharat Book Bureau; a market information aggregator. This organization provides vital data by means of research reports, country reports and company profiles from across industries all across the globe. Licia is an experience hand at drafting informative content as she is performing it since last five years. Food, Travel, Lifestyle and Drinks, Technology, Manufacturing are some of the topics that interest her the most.


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