Concept by The Guardian
Expect more app-enabled smart watches in your future. According to Juniper Research’s report called “Next Generation Smart Watches: Market Prospects 2013-2018”, shipment of these wearable gadgets will be up to 36 million per annum by the year 2018, compared to over 1 million sent out this year.
What is going to drive this dramatic increase in shipment in the next five years will be the new multi-function segment because the next-gen smart watches are expected to be equipped with functionalities such as tracking sports and fitness activities as well as for payment or ticket purposes. And this will be pushed further by the involvement of Apple and Samsung in the segment.