Last month, we posted about the Apple Watch expecting to have over 5 million initial orders. There were reports that Apple is ordering that number of units to fill shelves everywhere when the Apple Watch hits stores next month in April.
Now, research firm Strategy Analytics is predicting that Apple's first ever wearable device will soon lord over the smartwatch market. In its forecast, Strategy Analytics is saying that there will be a total of 15.4 million Apple Watch units shipped in 2015. That figure would grant the company a dominant 54.8 percent of the global smartwatch market.
As for other smartwatch brands, they will ship a combined 12.7 million units this year, as further added by Strategy Analytics. Regardless, the total number of smartwatch shipments worldwide will explode to never-before-seen levels. Strategy Analytics thinks that the launch of the Apple Watch will increase the volume of smartwatch shipments from 4.6 million units in 2014 to a whopping 28.1 million units in 2015. That would be equivalent to a 511 percent improvement upon last year's figures.
Many industry experts agree that the Apple Watch is a game changer, just like other earlier products by Apple that also shook the industry years before when they first came out, like the iPod and the first iPhone. The company is expected to reveal more information regarding the pricing details and availability of its wearable device during an Apple event happening in March 9th.
The Apple Watch may be generally considered by everyone as the one to ignite the smartwatch industry, but still, Apple's wearable device will facing some tough competition. As the Mobile World Congress wraps up in Barcelona, Spain, we have already seen many device makers showcase their own upcoming smartwatch offerings (here's looking at you, LG and Huawei).
And as impressive as the Apple Watch may seem, it is still far from being perfect. Moreover, other device makers have already had a head start in producing smartwatches, while it is Apple's first foray into wearable device territory. On the positive side, the Apple Watch can only get better. Which means by the time we get to the second generation Apple Watch, the technicians at Apple may have already taken care of most of the kinks of the first model.
Needless to say, the coming months will be most exciting, not only for fans of smartwatches and wearable devices, but also for the device makers as well. As much as Apple's competitors might want the Apple Watch to be a dud, they can't deny that a lot is riding on the success of this particular smartwatch. Whether they like it or not, they are all in this together.
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