It does seem as though the smartwatch market is set to explode in the coming years, and if existing trends are taken into consideration, we could very well see it make its way to the masses in a far more engaging manner compared to netbooks. Smartwatches are the standard bearers for the wearable tech market at the moment, and Samsung does seem to be ahead of the rest of the pack in terms of market share at press time. Strategy Analytics has come up with a report that states how Samsung happens to control 71% of the smartwatch market in the first quarter of the year alone, having successfully shipped half a million smartwatches throughout the trimester.
Of course, one ought to take into consideration that shipping 500,000 smartwatches to retailers does not necessarily translate into over the counter sales. Still, there is obvious cause to be optimistic, as the second generation of Samsung’s wearables, including the Gear 2 and the Gear 2 Neo, arrived on store shelves in April 11th this year, which would make up part of the Q2 figures eventually. Considering how the Gear 2 and the Gear 2 Neo are a whole lot superior to the Galaxy Gear, Samsung looks set to consolidate their position in this market despite having to face against some stiff competition such as the Moto 360 and the LG G Watch.
Filed in . Read more about Samsung and Wearable Tech.