Smartwatch Group

Samsung, Nike and Garmin Most Successful Smartwatch Companies

With 3 million smartwatches sold in 2013 compared to 0.3 million in 2012, the global smartwatch industry has multiplied tenfold in the last year. The ten leading smartwatch companies reached a market share of 82%. An exploding number of hardware vendors and the definition of app standards will result in a continued high growth in 2014. Software will outpace hardware as the key value driver. These are the most important findings of independent research company Smartwatch Group. - February 22, 2014