Monday, March 28, 2016

#Samsung launches three new #Gear S2 #smartwatch variants in India

With the 3 new offerings, the Samsung Gear S2 is now available in 5 variants in India – Gear S2 Classic Black, Gear S2 Classic Rose Gold, Gear S2 Classic Platinum, Gear S2 Black and Gear S2 White.
The global market for smartwatches is extremely competitive and is primarily dominated by large global players like Apple and Samsung. To gain traction in this market, many vendors are now forming strategic partnerships with other industry players to attract new customers to the wearable market. Since this market is still in its growth stage, many new players are expected to enter the market as it has a huge growth potential.
The leading vendors in the market are Apple,Fitbit,Pebble,Samsung.Sony.Other prominent vendors in the market include ASUSTeK Computer and PolarElectro.Analyst predicts the global smartwatch market to grow at an impressive CAGR of approximately 12% by 2020.Presently US accounts for more than 68% of the total smartwatche market share.