First generation smart watch

Taking touchscreen technology to a whole new level this smart watch from Sony works on battery with Android platform.
The growth drivers: while evaluating the future we must understand the driving forces behind the demand and supply segment.
1. Busy lifestyle: probably the main need originates from our busy lifestyle. In the era of information explosion everybody wants to catch up with all the information but in abbreviated manner. Everybody would love the ability to have alerts right on the wrist to glance at really quickly. This is with the desire not to miss something urgent or needing attention right at that moment.
2. Stylish way: An intelligent device on the wrist is always an ultimate style statement and reflects ones status and position
3. Easy alarm/ reminders: Alerts set on the phone is often missed because it is set in silent/ vibrating mode, its not nearby or placed inside a pocket. A small vibration at the wrist would be impossible to miss. Having Siri integrated right into the watch would make setting reminders, tasks, and appointments a super easy and powerful feature to have available instantly right at my wrist.
4.Alternate authentication mechanism: smart watches can be designed to pair with a mobile device,. That pairing offers an easy way to set up advanced authentication. This could replace a passcode on an smartphone or on laptop/ desktops. The pairing technique can either be Bluetooth or by NFC..
5. Additional security: A third level of authentication like bio-metric sensors or face recognition can easily be implemented through a smart watch.
6. Ethical issues: People consider it less offensive when the look at the wrist during meeting or conversation than looking at a mobile. The comfort level is higher as this is worn like an attire.
7. Health parameters: It is easy to implement heart beat monitors, body temperature measurements and mood assessments as it is worn on a vital point of the body like wrist
The picture below describes the possible architecture of a smartphone. Though it is shown in the context of a specific smart watch (iWatch) it can also be applied in a generic way.