Wearable technology has seen a surge in popularity in recent years, with smartwatches leading the way. According to data compiled by Statista, there were 216 million smartwatch users worldwide in 2022. That same year, the global smartwatch market reached a revenue of $38.6 billion. Apple has dominated the wearables market since 2017, when it surpassed Fitbit and officially became an industry leader. In large part, this was thanks to the Apple Watch. First released in 2015, the Apple Watch has
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