Apple Watch to garner 55% share to lead smartwatch market this year

Apple Watch Edition

Apple will ship 15 million units of Apple Watch smartwatch worldwide in 2015, said Strategy Analytics today.

Apple will become the world’s number one smartwatch vendor with 55 percent global market share this year.

Strategy Analytics said that the smartwatch shipments will grow 511 percent to 28.1 million units in 2015 from 4.6 million units in 2014.

“Most of the smartwatch growth will come from the new Apple Watch, which we forecast to ship 15.4 million units worldwide in 2015,” said Cliff Raskind, director at Strategy Analytics.

Apple Watch Edition
Apple’s famous brand, loyal fan base, deep retail presence and extensive apps ecosystem will ensure healthy uptake for its Watch. However,

The report said Apple’s Watch hardware design is less attractive than some rival models such as the Huawei Watch, battery life may not be as long as many traditional wristwatch owners are used to, and Apple’s premium pricing may be challenging for mass-market consumers.

Huawei Watch

Huawei Watch, powered by Android Wear, was launched at the Mobile World Congress (MWC) 2015 in Barcelona.

The fully circular watch features a 1.4-inch touch-sensitive AMOLED display, scratch-proof sapphire crystal lens, cold-forged stainless steel frame, and comes with a built-in heart rate monitor and 6-Axis motion sensors.

Huawei Watch is the first smartwatch in the Huawei wearable family. Compatible with smartphones running Google Android 4.3 OS or higher, Huawei Watch features Qualcomm 1.2GHz processor, 4GB of storage, 512MB of RAM and Bluetooth 4.1.

Anand B
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