Samsung leads the smartwatch race with a 71% market share

Samsung has reportedly captured a 71 percent share of the emerging smartwatch market, while other device makers are still struggling to release their products.

Market research firm Strategy Analytics has revealed that Samsung has already shipped 500,000 smartwatches across the world in the first quarter alone. To put things in perspective, only 1 million wearables were sold in the entire year of 2013.

Various other device makers have revealed plans for launching their own wearable devices, including smartwatches and other products. However, other than Samsung's Galaxy Gear series of smartwatches or the Galaxy Fit line of fitness tracking devices, there aren't many devices for consumers to choose from -- something which has greatly helped Samsung capture the majority market share.

Manufacturers such as Nike have already decided to step out of the wearable tech market. But other companies have taken a different approach to wearables; like Pebble, which recently introduced its classically-designed Pebble Steel smartwatch and which has seen plenty of success from more keen enthusiasts. But as stated earlier, these companies do not have a global presence like Samsung, who are selling their wearable products in almost every country where the Galaxy Note 3 and Galaxy S5 are available.

It will be interesting to see how the wearable market shapes up once more companies launch their products and make them widely available. LG, Motorola, HTC and Asus are expected to launch wearable devices with the Android Wear ecosystem over the next few months. LG may launch its G watch at the upcoming G3 event on 27th May as a companion to the smartphone similar to Samsung's set of products.

Source: SamMobile | Image via DigitalTrends

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Well the pebble is one of the only smartwatch that do actually show time, always and visibly lol. I like my pebble doesn't drain my cel phone battery too much

So Apple will have to release their smartwatch soon so they can claim they've innovated it and sue Samsung for copying them.

I don't like Samsung. Samsung made me not to like android. My nexus 5 is OK but its always an underdog device. That's why I use 1520 as my main device. Can't wait for surface watch

Considering there isnt much out there, who cares. Means little ATM. HTC was big when Android first came out and had the majority marketshare. Look how quick that changed once more competition came out.

Small potatoes right now. It'll be interesting to see who gets it right though, I know Apple is the heavy favorite, but without Jobs leading the way I'm a little more skeptical of their ability to deliver innovation. Personally I don't expect to have any real interest for the next few years while their working it out.

The Apple watch will appeal to people trying to get in shape. It will make you lose weight by burning your fat away to power itself and also recharge your iPhone wirelessly.

I use it for the notifications. It's really useful to be able to just see at a glance a text message or email that has just come in. It also has a function to find your phone, which is great for me as I regularly forget where I put my phone.

To me the more interesting direction is that of the Gear Fit with the heart rate monitor and curved display. But really, I don't know what functionality there is that could be added to a smartwatch that would make it a compelling purchase for the average person - I wouldn't have bought one if I didn't get it free. Google Glass on the other hand looks extremely promising.

Pebble was a goofy Kickstarter project for smart watch enthusiasts.

The Samsung Galaxy Watch S or whatever they're calling it is just a toss in for Galaxy S5 sales. AT&T was giving a free watch to S5 buyers here.

Enron said,
Pebble was a goofy Kickstarter project for smart watch enthusiasts.

The Samsung Galaxy Watch S or whatever they're calling it is just a toss in for Galaxy S5 sales. AT&T was giving a free watch to S5 buyers here.

My wife has a pebble and seems to love it. She just recently bought the Pebble Steel. She's standing over my shoulder as I type this and said she didn't think it was goofy at all...lol