Smartwatches have been around for a long time, probably longer than you could ever imagine. Before technology really took off, smartwatches were used frequently, although we may laugh at their primitive use, at the time, it was a big deal.
The first real smartwatch was released in 1976 and it was called the Pulsar Time Computer Calculator. It frankly doesn’t compare to modern standards, but in the 70s, it was a very high-end product and retailed for about £450. The fact that it could do more than just tell the time was astounding.
Smartwatches have come a long way since 1976. A lot of that development came in the mid-2010s when powerhouse Apple released its very own version of the product.
The Apple Watch took the world by storm and its capabilities back then seemed ludicrous. Tech powerhouses like Google, Samsung, and Amazon have all developed their own versions of the smartwatch, pushing the advancement in the technology forward.
One of the reasons for this is the rising global trend of health and fitness after witnessing the Covid-19 pandemic over the past few years. But this is just one of many benefits that smartwatches can bring to our lives in the future. Here are some others:
The improvements in smartwatches grant us another option to consume entertainment whilst on the go, and one industry, in particular, can benefit from this.
Online casinos are becoming more and more popular, with the ease of access provided by mobile devices a key factor. You can play classic casino games like online blackjack at Paddy Power whenever you want on your smartphone. The technology in your phone makes it a seamless experience that can rival any computer.
It is quite common to see most people engaging in some form of entertainment when on the move. Whether it’s listening to music while walking down the street or being glued to your phone on the bus, we are all invested in some kind of technology.
Technology has spoiled us; we are now able to have direct access to any source of entertainment, wherever and whenever we want. Now with the advancement of smartwatches and the ability to use them on the move, it opens up a lot of opportunities for entertainment companies to capitalise on. One of the biggest industries that can benefit from this is the world of iGaming.
You also get the added benefit of being discreet when using your smartwatch, especially for people who like to gamble whilst on public transport.
Although the adaption of this medium of entertainment for smartwatches is in its infancy, it has the potential to boost an already booming industry.
Socializing is a vital part of our lives, especially now with the huge presence of social media, we need to know what’s happening at all times.
A big benefit of owning a smartwatch is that you can receive and view push notifications faster than on any other technological device. This is hugely beneficial to the gambling industry, as it gives customers optimal time to place and react to bets that they have or will make.
A real-life example of this can be found in the sports betting market. A game can change suddenly, and you need to be able to adapt as quickly as possible, especially if you have the option to cash out.
You could also have the option of receiving notifications and updates on classic casino games like blackjack or roulette through your smartwatch. Promotions and bonuses are constantly being updated in online casinos, this gives you the chance to take advantage of them all.
The world moves fast, and it is easy to miss out on what’s happening. With a smartwatch, you can not only receive calls and texts without having to dig into your pockets but access social media as well.
You can access Twitter and Instagram with your smartwatch, as well as a few others. But you do not have access to a wide range of apps like on your smartphone, this is where huge growth can be made.
As time goes on, more apps will be adapted for use on smartwatches, and as that number increases, so will the market valuation.
Our lives have been streamlined in a sense by constantly improving technology, everything we do has been made easier, and the smartwatch will only improve this in the future. The market for smartwatches has jumped dramatically over the past few years and is set to skyrocket over the coming decade. In 2019, the global market for smartwatches was worth £18 billion and is forecasted to be upwards of £85 billion in the year 2021.
Smartwatches will help us in every aspect of our life, and these features demonstrate that. There is also the benefit of contactless payment and note-taking apps, which haven’t even been touched on.
From blackjack to social media and everything in between, it is obvious why the predicted forecast show so much improvement in the market.
The benefits of owning a smartwatch are numerous, and as time goes on, that list of benefits will grow longer and longer.