Most people wouldn’t even pay $200 for a smartwatch

With how much attention the market for wearable gadgets has been getting recently, you’d think it was a lucrative market with tons of people willing to pay hundreds of dollars for the latest fitness trackers or smartwatches, but that’s far from the case. In fact, a recent survey done by Juniper Research found that most smartphone owners in the United Kingdom and United States wouldn’t even pay $200 for a wearable. A mere 20% of the 2,000 people that were surveyed said that any more than $175 (£115) is too much for a wearable device, even a high-end smartwatch.