Hampshire, UK: 13th October 2015: A
new survey by Juniper Research has
found that smartphone users, regardless of their mobile preference, consider
Apple the ‘coolest brand’ for wearable technology. Apple was followed by other
technology brands – Samsung, Google, LG and Sony.
Key findings
- Only
1 in 5 consumers would be willing to pay more than $175 for a wearable of
any sort.
- Tech
are brands still considered the best for wearables, fashion and sports
brands lag behind.
- Smartwatch
market moving towards a duopoly of Apple-Samsung - with over 75% of
respondents preferring either Apple or Samsung.
Tech Brands Dominate
Despite
the prevailing opinion that wearable devices need to be more fashion oriented,
it was apparent that non-technology brands were not popular - with no fashion
or sports brand supported by more than 3% of respondents.
The, Juniper Research Consumer Wearables
Market Survey, asked over 2,000 smartphone users (1,003 in the UK,
1,028 in the US) aged 14 and over about their use of and attitudes towards
wearable technology.
Coolest Wearable Brand
Ranking – Q3 2015
1.
Apple
|
8.
UnderArmour
|
15.
Adidas
|
2.
Samsung
|
9.
TAG Heuer
|
16.
Omega
|
3.
Google
|
10.
Ralph Lauren
|
17.
Breitling
|
4.
LG
|
11.
G-Shock
|
18.
Huawei
|
5.
Sony
|
12.
Chanel
|
19.
Garmin
|
6.
Nike
|
13.
Microsoft
|
20.
Pebble
|
7.
Rolex
|
14.
Motorola
|
21.
Xiaomi
|
Wearables: Mysterious, Expensive Tech Toys?
The survey also revealed that, even with tech savvy buyers, the value
proposition for wearable devices still remains unclear for many. Juniper cites
the lack of a convincing use-case as being one of the main barriers. Conversely
fitness wearables have a very clear use-case, and have consequently become the
most popular wearables category e.g. Activity trackers have a definite purpose
and use-case.
‘As
well as a more definite use, fitness devices also win on value. They are the
least costly wearables in the market, and the only category consistently under
$175, which our survey identifies as the price ceiling for most
consumers.’ added Juniper Research Analyst James Moar.
Other key findings
- Battery
life was relatively unimportant, only deterring 4% of respondents from
buying a wearable
- While
iOS users were more likely to buy a wearable in the near future than
Android users, there was little difference in the type of device they were
likely to buy.
The
survey forms part of Juniper’s ongoing analysis of wearable technology and is
now available to download from the Juniper Research website.
Juniper
Research provides research and analytical services to the global hi-tech
communications sector, providing consultancy, analyst reports and industry
commentary.
Source:Juniper press release