Smart Watches have been around for the last decade. But this wearable computing device has failed to take off for one reason or another. They were unattractive, too bulky, had weak functionality, or the battery life was too limited for extended use. However, over the last nine months a number of new smart watches have emerged that could change consumer perceptions about the value of these devices. Moreover, demand is developing in the marketplace. According to the latest market study by ABI Research, more than 1.2 million smart watches will be shipped in 2013. "The strong potential emergence of smart watches can be attributed to several reasons," said Joshua Flood, senior analyst at ABI Research . Contributing factors include the high penetration of smartphones in many world markets, the wide availability and low cost of MEMS sensors, energy efficient connectivity technologies such as Bluetooth 4.0, and a flourishing software app ecosystem. The wearable computing de...
TMT Market Research and Analysis