{"id":2705,"date":"2016-02-28T12:15:17","date_gmt":"2016-02-28T12:15:17","guid":{"rendered":"https:\/\/www.firstclasswatches.co.uk\/blog\/?p=2705"},"modified":"2018-10-03T12:24:16","modified_gmt":"2018-10-03T11:24:16","slug":"swiss-made-watches-smartwatches","status":"publish","type":"post","link":"https:\/\/www.firstclasswatches.co.uk\/blog\/2016\/02\/swiss-made-watches-smartwatches\/","title":{"rendered":"Swiss Made Watches or Smartwatches?"},"content":{"rendered":"<p align=\"LEFT\">If we were still in any doubt that 2015 was the start of the smartwatch revolution then the figures from Strategy Analytics certainly crushed it! In the last three months of 2015 we saw the first time in history that shipments of smartwatches exceeded those of Swiss made watches.<\/p>\n<p align=\"LEFT\">The figures from Strategy Analytics show that global smartwatch shipments reached 8.1 million units, slightly ahead of Swiss watch shipments at 7.9 million. This marks a very important period in the history of the smartwatch which is now starting to become a serious player in the watch industry.<\/p>\n<h2 class=\"western\">What Is a Smartwatch?<\/h2>\n<p><a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Moto360Cropped.jpg\"><img loading=\"lazy\" class=\"aligncenter size-medium wp-image-2706\" src=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Moto360Cropped-300x209.jpg\" alt=\"640px-Moto360Cropped\" width=\"300\" height=\"209\" srcset=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Moto360Cropped-300x209.jpg 300w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Moto360Cropped.jpg 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>There are many different definitions of a smartwatch and the number of different watches included in the description will vary depending on which you choose. Generally any watch which incorporates extra features over and above telling the time are defined as smartwatches. This definition would include the <a href=\"https:\/\/www.firstclasswatches.co.uk\/casio-casio-edifice-watches-c-518_640\/\" target=\"_blank\" rel=\"noopener\">Casio Edifice series<\/a> but would not include GPS watches by Casio and Seiko.<\/p>\n<p>Strategy Analytics have a sightly different definition of a smartwatch: \u201ca computerized wristwatch with a high-level or expandable operating system produced and shipped from any country worldwide.\u201d This definition will not include the Casio Edifice series as they do not incorporate an expandable operating system.<\/p>\n<p>While this is probably self-explanatory, Swiss watches are defined as \u201ca wristwatch produced and shipped from Switzerland\u201d<\/p>\n<h2 class=\"western\">The Apple Factor!<\/h2>\n<p><a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/smart-watch-821559_1920.jpg\"><img loading=\"lazy\" class=\"aligncenter size-medium wp-image-2707\" src=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/smart-watch-821559_1920-300x200.jpg\" alt=\"smart-watch-821559_1920\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/smart-watch-821559_1920-300x200.jpg 300w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/smart-watch-821559_1920-1024x683.jpg 1024w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/smart-watch-821559_1920-321x214.jpg 321w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/smart-watch-821559_1920-140x94.jpg 140w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/smart-watch-821559_1920.jpg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>As expected, the <a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/2015\/12\/apple-watch-2-rumours-can-they-top-the-original-apple-watch\/\" target=\"_blank\" rel=\"noopener\">Apple Watch<\/a> has made a huge impact in the smartwatch market. As with MP3 players, watches and tablet devices Apple seem to have opened the market up to people who wouldn&#8217;t have previously been interested.<\/p>\n<p>We have previously reported on figures which appeared to be slightly below expectations, but they are clearly dominating the smartwatch market. In the final three months of 2015 Apple Watches made up 63% of smartwatch shipments, which equates to around 5.1 million watches. Although Apple have not yet released any official sales for their watches so all figures are estimates.<\/p>\n<p>Strategy Analytics figures suggest a small dip in their market share from quarter 2, when the watch was released. At that time Apple held a 75% share of the market, although it is expected that such a drop would occur after the initial release.<\/p>\n<h2 class=\"western\">Smartwatch Also-Rans<\/h2>\n<p><a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Sony_MN2-1.jpg\"><img loading=\"lazy\" class=\"aligncenter size-medium wp-image-2708\" src=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Sony_MN2-1-300x169.jpg\" alt=\"640px-Sony_MN2 (1)\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Sony_MN2-1-300x169.jpg 300w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Sony_MN2-1.jpg 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>The rest of the smartwatch market is primarily held by Samsung, who hold a 16% market share, giving Samsung and Apple a combined 80% share. This demonstrates that the smartwatch industry is currently very similar to the smartphone industry, which is also dominated by Samsung and Apple.<\/p>\n<p>In an amongst the other 20% of the market share are watches from Sony, LG and Huawei. Worryingly, all of the Swiss smartwatch manufacturers combined only make up a tiny 1% of the smartwatch market. It&#8217;s a long way for Swiss manufacturers to go in order to catch up to the big boys in the smartwatch industry.<\/p>\n<h2 class=\"western\">Effect on the Swiss Watch Industry<\/h2>\n<p><a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/Victorinox_Swiss_Army_Mens_241424_Dive_Master_500_Chrono_Black_Dial_Watch-14.jpg\"><img loading=\"lazy\" class=\"aligncenter wp-image-2709 size-medium\" src=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/Victorinox_Swiss_Army_Mens_241424_Dive_Master_500_Chrono_Black_Dial_Watch-14-300x225.jpg\" alt=\"Victorinox_Swiss_Army_Men's_241424_Dive_Master_500_Chrono_Black_Dial_Watch-14\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/Victorinox_Swiss_Army_Mens_241424_Dive_Master_500_Chrono_Black_Dial_Watch-14-300x225.jpg 300w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/Victorinox_Swiss_Army_Mens_241424_Dive_Master_500_Chrono_Black_Dial_Watch-14.jpg 512w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>It&#8217;s tough to really measure the impact of the impact of smartwatches on the Swiss watch industry. As we have reported before, the \u201csmartwatch crisis\u201d which was widely predicted in the run up to the release of the Apple Watch <a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/2015\/06\/has-the-apple-watch-affected-the-swiss-watchmakers\/\" target=\"_blank\" rel=\"noopener\">never happened<\/a>. However it is looking likely that there is at least a minor impact from smartwatches on the Swiss made watches industry.<\/p>\n<p>In 2015 the smartwatch market has grown by a whopping 300%, but the Swiss watch industry saw shipments fall by 5% in the final months of 2015. Is this the first signs of a smartwatch crisis?<\/p>\n<p>It&#8217;s difficult to tell, especially as it is impossible to see how many people would have bought a Swiss watch otherwise. It is just as likely that smartwatches appeal to people who would not be interested in buying Swiss made watches anyway.<\/p>\n<h2 class=\"western\"><i>What&#8217;s Next For Smartwatches?<\/i><\/h2>\n<p><a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/pexels-photo-3.jpg\"><img loading=\"lazy\" class=\"aligncenter wp-image-2711 size-medium\" src=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/pexels-photo-3-300x200.jpg\" alt=\"Swiss Made Watches\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/pexels-photo-3-300x200.jpg 300w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/pexels-photo-3-1024x683.jpg 1024w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/pexels-photo-3-321x214.jpg 321w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/pexels-photo-3-140x94.jpg 140w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/pexels-photo-3.jpg 2048w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>It has been predicted that a successor to the Apple Watch may be <a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/2015\/12\/apple-watch-2-rumours-can-they-top-the-original-apple-watch\/\" target=\"_blank\" rel=\"noopener\">just around the corner<\/a>. This would certainly be the biggest smartwatch release in 2016 and would cement Apple&#8217;s place at the top of the smartwatch tree.<\/p>\n<p>Casio are also entering the smartwatch market at the end of March with the <a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/2015\/07\/casio-smartwatchon-your-wrist\/\" target=\"_blank\" rel=\"noopener\">Casio WSD-F10<\/a>, the smart outdoor watch. This watch is a full Android watch aimed at those who love the outdoors. It will be interesting to see how Casio&#8217;s release performs in comparison to other smartwatch manufacturers. Especially as Casio have gone with a very traditional watch design rather than the typical little black screen.<\/p>\n<p>Samsung have already released their newest offering, the Samsung Gear 2, but expect this to be pushed strong over the next few months. It is likely that a newer offering will hit shelves by the end of 2016 in order to compete with the Apple Watch 2 at Christmas.<\/p>\n<h2 class=\"western\"><i>What&#8217;s Next For Swiss Made Watches?<\/i><\/h2>\n<p><a href=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Sony_MN2-1.jpg\"><img loading=\"lazy\" class=\"aligncenter wp-image-2708 size-medium\" src=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Sony_MN2-1-300x169.jpg\" alt=\"640px-Sony_MN2 (1)\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Sony_MN2-1-300x169.jpg 300w, https:\/\/www.firstclasswatches.co.uk\/blog\/wp-content\/uploads\/2016\/02\/640px-Sony_MN2-1.jpg 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>The most important date in the Swiss made watches calendar is just around the corner as we await Baselworld 2016. All of the top Swiss watch manufacturers will descend on the Messe Basel between the 17<sup>th<\/sup> and 24<sup>th<\/sup> of March.<\/p>\n<p>There will certainly be a lot to look forward to at this years edition of Baselworld as all of the top manufacturers will be there. It is unlikely that many (if any) Swiss manufacturers will be looking to directly compete with smartwatches this year by releasing their own smartwatches.<\/p>\n<p>However it is important to note that many observers, including Neil Mawson of Strategy Analytics, have suggested that Swiss manufacturers have been slow to react to the development of smartwatches. He said \u201cThe Swiss watch industry has been sticking its head in the sand and hoping smartwatches will go away&#8230;and they are long way behind Apple, Samsung and other leaders in the high-growth smartwatch category.\u201d<\/p>\n<p>Whether of not this is another \u201cquartz crisis\u201d is something we do not yet know. But many will hope that Baselworld will produce some announcements which go some way to fighting the smartwatch threat.<\/p>\n<p><strong>Images: <span class=\"mw-mmv-author\"><a title=\"User:Raysonho\" href=\"https:\/\/commons.wikimedia.org\/wiki\/User:Raysonho\">Raysonho<\/a><\/span>, <a title=\"User:Alexsh\" href=\"https:\/\/commons.wikimedia.org\/wiki\/User:Alexsh\">Alexsh<\/a>, <a class=\"extiw\" title=\"en:User:MMuzammils\" href=\"https:\/\/en.wikipedia.org\/wiki\/User:MMuzammils\">MMuzammils<\/a>, <b><span class=\"description en\" lang=\"en\"><span class=\"licensetpl_aut\"><a class=\"extiw\" title=\"en:wikip\u00e9dia:User:Fourdee\" href=\"https:\/\/en.wikipedia.org\/wiki\/wikip%C3%A9dia:User:Fourdee\">Fourdee<\/a><\/span><\/span><\/b>, <\/strong><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>If we were still in any doubt that 2015 was the start of the smartwatch revolution then the figures from Strategy Analytics certainly crushed it! 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