Smart watches are wrist-worn gadgets with a variety of tasks such as detecting heart rate, blood pressure, emails, and text messages. The Internet of Things (IoT) is a crucial development that is driving the smart watch market. Young folks and health-conscious people make up the majority of the market crowd. According to a report by Maximize Market Research, 36.5 percent of adults in the United States aged 18 to 44 wear smart watches. Apple maintained its strong No. 1 position in terms of sales, but its market share fell somewhat compared to the same period last year due to growing competition from Chinese and Indian competitors.