Global smartwatch report 2017
Despite offering expensive smartwatches, Apple holds the largest share of the global smartwatch market today. This is mainly because of their aesthetics and consumers' preferences for Apple's smart wear products.
These premium smartwatches provide advanced features such as a powerful processor, built-in GPS, and waterproof housings. However, to remain competitive in the market, many vendors have reduced the prices of smartwatches.
Premium smartwatch vendors
Apple offers mobile communication and media devices, personal computers, portable digital music players, related software, networking solutions, accessories, third-party digital content, and applications globally.
Samsung offers a range of products as smart wearable smart devices under its Gear smartwatch portfolio. These include the Samsung Gear, Gear 2 Neo, Gear S, Gear Fit, and Gear 2 range of smartwatches. Samsung Gear S has a high popularity as it is able to operate without a smartphone and uses its own SIM card.
Lenovo is a Chinese multinational company that has expanded its business globally. The Lenovo smartwatches are featured as Motorola Moto 360 Sport. The watches have Wi-Fi connectivity, Android Wear OS, includes heart rate sensors, and dual digital microphones.
Smartwatches offered by Garmin have GPS, built-in sports apps, and activity trackers. Garmin smartwatches are compatible with multimedia entertainment apps, Bluetooth-enabled devices, and support notifications such as alerts for calls, texts, e-mails, and calendar items while pairing with smartphones.
Fitbit sells smart wearable products under the brand names Zip, One, Flex, and Charge. Zip is a clip-based electronic device that tracks steps, distance, and calories burned. It syncs the statistics with computers and selected smartphones. One tracks steps, stairs climbed, distance, and calories burned.
Pebble Technology manufactures and sells smartwatches and smart wear that can connect with Android smartphones and Apple iPhone. The company sells smartwatches through a strong network of retail stores and its online website. The key retail stores of the company are AT&T, Amazon UK, Target, Swisscom, Mediamarkt, Coolblue, Alternate, Crystal Media, and Dick Smith.