Apple Watch leads make-or-break year for smartwatches
If the Apple Watch is a flop, it could spell doom for all smartwatches, according to CCS Insight. The research firm says that 2015 will be a “make-or-break year” for smartwatches, led by the launch of the Apple Watch in April. CCS Insight projects that Apple (AAPL) will account for a quarter of the wearables market in 2015, selling around 20 million Apple Watches by the end of the year. That is equivalent to about 7% of those who own a compatible iPhone at the time of the product’s launch, CCS Insight said in a press release Tuesday. Smartwatches are expected to be the second-largest category of wearables this year, after fitness bands from companies such as Fitbit, Jawbone and Garmin (GRMN). Wearable cameras such as those from Go Pro (GPRO) are a distant third in the wearables market. Sales of wearables will more than double from 29 million units…