Market researcher IDC has reported that Apple Watch expected to capture up to two thirds of the smart wearable device market in 2015. Though there are already plenty of wearable devices in the market, Apple watch leads the market both by choice and performance. Another market researcher Canalys has forecasted the sales of Apple watch to reach 20 million in the year of 2015. There are also news reports predicting even more higher sales for Apple watch. And it's been reported watch is the most successful product launch by Apple.
The trends driving wearables include simple to use features, fashion and style factor, doing some activity without the help of/connecting to smart phones. At the ongoing event Computex 2015, wearables is the craze.
While the smart watch devices are being sold well in the market, there is also demand for applications for Smart Wearable Devices. IDC reported the number of third-party applications designed to run on smart wearable devices is expected to grow from 2,500 at the end of 2014 to 349,000 in 2019.