The Apple Watch launched back in 2015, and since then, the device has become incredibly popular for Apple. It now appears that they have sold more than 100 million Apple Watch devices, marking a significant milestone in the wearable tech industry.
The news comes in a report from Avalon, which revealed that Apple hit the 100 million milestone in December 2020.
It took five-and-a-half years for the Apple Watch installed base to surpass 100 million people. As shown in Exhibit 1, the installed base’s growth trajectory has not been constant or steady over the years. Instead, the number of people entering the Apple Watch installed base continues to accelerate. The 30 million new people that began wearing an Apple Watch in 2020 nearly exceeded the number of new Apple Watch wearers in 2015, 2016, and 2017 combined.
The Evolution of the Apple Watch
Since its initial release, the Apple Watch has undergone significant transformations. The first generation, often referred to as Series 0, was primarily focused on fitness tracking and notifications. However, as the years progressed, Apple introduced new features and improvements with each subsequent model. The Series 3 brought cellular connectivity, allowing users to make calls and send texts without needing their iPhone nearby. The Series 4 introduced a larger display and advanced health features like the ECG app, which can detect irregular heart rhythms.
The Series 5 added an always-on display, making it easier for users to check the time and notifications without raising their wrist. The latest Series 6, released in 2020, includes a blood oxygen sensor and faster charging capabilities. These continuous improvements have made the Apple Watch not just a fitness tracker but a comprehensive health and wellness device.
Impact on the Wearable Tech Market
The Apple Watch’s success has had a profound impact on the wearable tech market. It has set a high standard for other companies to follow, pushing them to innovate and improve their own products. Competitors like Samsung, Garmin, and Fitbit have all released smartwatches with similar features, but Apple continues to lead in terms of user experience and ecosystem integration.
One of the key factors contributing to the Apple Watch’s popularity is its seamless integration with other Apple products. Users can easily sync their watch with their iPhone, iPad, and Mac, creating a cohesive and convenient user experience. This level of integration is something that many competitors struggle to match.
Moreover, the Apple Watch has also found a niche in the healthcare industry. With features like fall detection, heart rate monitoring, and the ability to detect irregular heart rhythms, it has become a valuable tool for both users and healthcare professionals. There have been numerous reports of the Apple Watch alerting users to potential health issues, prompting them to seek medical attention and potentially saving lives.
Apple is expected to release another new smartwatch later this year along with the new iPhone range of smartphones. Speculations suggest that the upcoming model may include even more advanced health features, such as blood glucose monitoring, which would be a game-changer for people with diabetes.
The Apple Watch has come a long way since its launch in 2015. With over 100 million units sold, it has not only become a popular consumer device but also a significant player in the healthcare and wearable tech markets. As Apple continues to innovate and improve its smartwatch, it will be interesting to see what new features and advancements the future holds.
Source Above Avalon, MacRumors
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