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Why Your App Should Target Smartwatch WearablesSmartwatch popularity is growing fast. Don't risk losing out on this aggressively growing market.

ByMichael Frederiksen

Opinions expressed by Entrepreneur contributors are their own.

Tim Robberts | Getty Images

It's no secret that the popularity of mobile phones has been growing aggressively since Apple introduced the iPhone in 2007. Today,83 percentof the U.S. population has a mobile phone, and the number is still growing. Apple is now the most popular choice as theleading mobile phone vendor, with close to 46 percent of U.S. mobile phone subscribers using an iPhone, followed by Samsung in second place with a 25 percent market share.

Smartwatch wearableswere made popular by Samsung when it introduced its Samsung Galaxy Gear in 2013. Apple took notice and quickly started its own R&D, which introduced the Apple Watch in 2015.

Smartwatch wearables are now seeing the same trend as mobile phones in popularity, with a projected increase from over66 millionunits sold worldwide in 2019 to over 105 million sold units in 2023.

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