BMW partners with Vector to introduce special edition of Smartwatch
United States: BMW, a German luxury vehicle manufacturing
company has entered into the partnership with Vector, a United state based
smartwatch designer & developer, to create a special edition of smartwatch
to rejoice the car giant’s all-electric i3 & I8 motors.
The
smartwatch strap consists of leather that are used for the seats in i3 & i8
motors along with the BMW logo embossed on the strap. The framework of the
smartwatch is much-like standard vector watch with black stainless steel case.
The
vector smartwatches are preferable in gold and Rose-gold version, however for
BMW edition, the vector watch is featured with leather strap with iconic BMW
blue stitching. The smartwatch also have long battery life of around 30-days. In
addition, the introductory price of the smartwatch would be around USD 589 for
only 150 special editions.
TechSci
Research depicts that with the growing adoption of smartwatch in the developing
countries, the demand for smartwatch is anticipated to grow manifold.
Manufacturers of smartwatch are bringing latest innovation solution and
technology enabled smartwatches at considerable price which would enhance the
demand of smartwatch across the globe.
According
to the recent report published by TechSci Research “Global
Smartwatch Market By
Type, By Application, By Operating System, Competition
Forecast and Opportunities, 2012-2021”, the global
market for smartwatch is projected to grow at a CAGR over 25% during 2016-2021. Personal assistance application
dominated global smartwatch market, on account of increasing usage of
third party application in connected devices and rising demand for
technologically advanced products. North
America was the major demand generator for smartwatches across the globe, due
to increasing number smartphone users, growing shift towards standardized
connectivity coupled with increasing usage of smart functions. Apple Inc., Samsung Electronics Co.
Ltd., Pebble Technology Corp., Garmin Ltd., etc., are few of the leading
players in global smartwatch market.