Currently major players gear Pebble & Samsung
Mobile industry, Canalys analysts estimated that some 200,000 bands wearable smart shipped in Q1-Q2 2013. However, it expected shipments around the world of smart wearable bands are on the rise. The market is set to grow by more than 500 percent in 2013 Q3-Q4. However, despite a growing interest in the category, products to date have been very limited. Canalys anticipates that 2014 will be the turning point for smart devices usable. Market expansion will occur with the launch of improved technologies.
Chris Jones, Vice President and principal analyst of Canalys, noted, "the promotion and marketing of Samsung with the Galaxy team efforts resulted in shipments of more than 800,000 units in its first two months on sale, establishment of the company as the new leader of the market."
He continued, "pebble continues growing rapidly with its smartwatch. iOS 7 integration and an SDK updated with additional APIs give Pebble partners a great opportunity to increase the appeal of the watch keeping its excellent battery life."
Canalys analyst Daniel Matte, added, "a successful wearable device depends on the connectivity of a Smartphone, which serves as the new digital Center for mobile users more and more".
"Wearable involve a unique set of restrictions for the sellers and owners of platform more experienced with the markets phone and tablet smart".
"Smart wearables market is extremely dynamic."This space is going to be very different within 12 months, said mata.
Canalys expects significant progress in the following key areas:-
Systems on a chip (SOC) health and fitness sensorsLow power operating displaysMobile (OS) systems materials and designCanalys argues that there are excellent opportunities to take advantage of these technology needs and address market gaps.
Existing smart phone SoCs are poorly adapted to wearables and not hand over the life of the battery that consumers demand.
These components must be designed specifically for wearables, working together with the axis of the sensor will help to reduce the current absorbed.
The integration of new types of sensors not included in smart phones, like all of monitoring heart rate, it will be another important trend.
Screens with advances in energy efficiency will also be vital, requiring hardware and software optimizations. The existing mobile operating systems will be scaled to run on wearable.
Finally, retailers employ more sophisticated materials and place a greater emphasis on design than current products.
Canalys highlights most promising companies, products and technologies in space wearables as part of its analysis of Appcessory service.
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