Commentary

Wearables Have To Be Cool

A new survey by Juniper Research has found that smartphone users in the US and UK, 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 brands are 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

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, says the report.

Top Ten Coolest Wearable Brand Ranking, Q3 2015

Rank

Brand

1.

Apple

2.

Samsung

3.

Google

4.

LG

5.

Sony

6.

Nike

7.

Rolex

8.

UnderArmour

9.

TAG Heuer

10.

Ralph Lauren

Source: Juniper Research, October 2015

The survey also revealed that, even with tech savvy buyers, the value proposition for wearable devices still remains unclear for many. The report cites the lack of a convincing use as being one of the main barriers. Conversely fitness wearables have a very clear use, 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 the survey identifies as the price ceiling for most consumers.

Additional findings include:

  • 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 Juniper 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.

For additional information from Juniper Research, and access to the whitepaper, please visit here.

 

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