Top smartphone makers have a bit of a problem. They got so good at selling smartphones that there aren’t enough people left to buy them at the amazing pace the market has enjoyed over the past few years. The smartphone market is still monstrous, of course, but growth is key and growth is slowing. So for market leaders like Apple and Samsung, it’s time to look for the next big thing. According to a growing number of industry watchers, that “next big thing” is smartwatches and annual sales are already projected to explode into the hundreds of millions of units in the coming years. But are all these companies just trying to make fetch happen, or are wrist-worn devices like Samsung’s new Galaxy Gear smartwatch really the future of mobile computing?
Smartwatches have been around for quite some time, but they have gone largely unnoticed by most consumers. So first and foremost, what is a smartwatch?
In the case of the Galaxy Gear and similar devices, a smartwatch is a smartphone companion device. It serves as an extension of your smartphone and saves you the trouble of having to pull a phone out of your pocket to perform certain functions. Yes that is the pitch, more or less, when it comes to smartwatches right now. You won’t have to pull your smartphone out of your pocket as often.
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