You’ve likely heard of so called ‘smart watches’ which are with functionality enhanced beyond timekeeping, often with features comparable to a PDA. Juniper’s latest report looks at this emerging technology in detail. Their latest report, ‘Next Generation Smart Watches: Market Prospects 2013-2018’ argues that the entrance of Apple and Samsung into this sector – as suggested by recent trademarks and patents – will help to validate the category and act as a catalyst for other competitors to enter the space. The net result is that app-enabled smart watch shipments will reach 36 million per annum by 2018, compared to just over 1 million this year.
Here’s what report author Nitin Bhas had to say about the report:
“By educating and publicising this device segment to the consumer, Apple and Samsung will indeed act as a catalyst to the market. In addition, being a key influencer, these player’s entry into the smart watch segment will benefit existing smart watch players – providing an increase in awareness and adoption of other wearable devices”.
Key points in the report include:
- Significant opportunities will arise for app developers – across the health, fitness, sports and communications segments.
- App-enabled mobile wireless accessory shipments to approach 170 million by 2018
Needless to say, this is going to be a big market going forward. The report is a very interesting read and worth your time to look at.
Related
This entry was posted on August 27, 2013 at 7:16 am and is filed under Commentary with tags Juniper. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
App-enabled Smart Watch Shipments to Reach 36 Million by 2018: Juniper
You’ve likely heard of so called ‘smart watches’ which are with functionality enhanced beyond timekeeping, often with features comparable to a PDA. Juniper’s latest report looks at this emerging technology in detail. Their latest report, ‘Next Generation Smart Watches: Market Prospects 2013-2018’ argues that the entrance of Apple and Samsung into this sector – as suggested by recent trademarks and patents – will help to validate the category and act as a catalyst for other competitors to enter the space. The net result is that app-enabled smart watch shipments will reach 36 million per annum by 2018, compared to just over 1 million this year.
Here’s what report author Nitin Bhas had to say about the report:
“By educating and publicising this device segment to the consumer, Apple and Samsung will indeed act as a catalyst to the market. In addition, being a key influencer, these player’s entry into the smart watch segment will benefit existing smart watch players – providing an increase in awareness and adoption of other wearable devices”.
Key points in the report include:
Needless to say, this is going to be a big market going forward. The report is a very interesting read and worth your time to look at.
Share this:
Like this:
Related
This entry was posted on August 27, 2013 at 7:16 am and is filed under Commentary with tags Juniper. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.