APPLE IS SETTING UP THE CONTROL OVER THE SMARTWATCH MARKET.
APPLE IS SETTING UP THE CONTROL OVER THE SMARTWATCH MARKET. Well, we can say that the technology giant apple is ahead in smartwatches sales and analyst computer form will go to onto dominate the market. However, it is said that this type of wearable market will shrink the market without any innovations.
According to the Marco Ricci, writing from the PharmaPhorum it is declared that Apple is leading in the smartwatch market. However, there are signals that the the rate of growth overall for smartwatches is slowing and a significant downturn could occur unless a new and innovative product is produced. Even with its dominance, Apple has not been without its problems Digital Journal’s James Walker recently reported in a review of the apple watch series 2.
Further data from market analysts Strategy Analytics Indicate that the apple watch record a 63% global market share for the fourth quarter of 2016, putting it ahead as compare to other manufacturers like Samsung. Anyways, the Apple stands dominant as the overall market increases only by 1% throughout the quarter. After giving a look towards the landmark sales throughout the periods like the Black Friday and Christmas, the growth figures don’t look too healthy for the wearable devices.
Things look bleaker for Apple’s main rival in the smartwatch stakes. Here Samsung saw a 38% fall in the fourth quarter shipments, as sales ratio started down fall from 1.3 millions in 2015 to 0.8 millions in 2016. Sales of alternative devices, like fitbits , have also become slower than anticipated.
With these it was concluded, that something new and innovative is required for making growth in the smartwatch market. It may include wearables for disease detection or for helping couples conceive, by tracking fertility signs.