“U.S. sales of smartwatches are booming,” notes Hodinkee. “They rose 24% in value in the U.S. for the first half of 2019 versus the same period in 2018.” NPD estimated 2018 smartwatch sales at $5 billion. Apple, Samsung and Fitbit are leading the charge, and now are on the top five best-selling watch brands in the US. The other two: Rolex and Patek Philippe. NPD estimates that Apple, Fitbit, and Samsung accounted for 88% of smartwatch unit sales in the U.S. in 2018. “The ability to be truly connected via built-in LTE without the need to have a smartphone nearby proved to be a tipping point for consumers,” NPD’s Weston Henderek said. IDC, another research firm predicts that global smartwatch shipments will tip 91.8 million in 2019.
With all this talk about the Apple Watch, there is a lot of talk about smart watches. Here is a nice and simple primer that gives you a nice overview of all different kinds of smart watches out there. Read This!