Currently, the wearable device market is expanding. The total revenue for 2018 has gone up roughly 36% as compared to 2017.
In the age of smart devices, it is difficult to take your eyes off a smartwatch. In comparison to a smartphone, the price for a smartwatch is quite expensive.
Then, you are told that there’s a monthly subscription.
Is that true?
Read to find the answer.
The answer to your concern: Yes and No
Let’s get straight to the point first.
Yes and No. You may have to and you may not have to.
To be honest, it 100% depends on you.
Smartwatches are now so smart that they are able to help you make a phone call.
Yes, a phone call from your watch, on your wrist.
Like smartphones, in addition to the price of the phone itself, you do have to pay for a separate data plan, don’t you?
It’s the same for smartwatches. If you would like to have cellular connectivity, you are required to cover a certain amount of fee every month.
How much are you expected to pay for a monthly subscription with your smartwatch?
More and more digital technology corporations are penetrating the market by introducing new smartwatch brands. Thanks to the collaboration with telecommunications companies, they offer a wide range of monthly subscription packages.
One common thing is that all companies are waiving the fee for activation. The monthly fee from major network service providers usually starts from $10. Verizon has this price for Apple Watch Series 3 while it’s only $5 for wearable devices from other brands.
There are also up-front plans if you consider using the connected smartwatches in long-term. Below is the current price:
AT&T: from $199.99 to $299.99 for up-front packages in a two-year contract, an additional cost of $40 for 1GB or $460 for 100GB per month.
T-Mobile: $15 per month for the annual device cost, plus $20 per month for the T-Mobile One plan.
Verizon Wireless: from $299.99 to $349 for up-front packages in two years, plus another $35 for 2GB or $110 for 24GB if you want more data.
Please be noted that these numbers are subject to change.
What you will get from a monthly fee of your wearable devices?
Needless to say, a separate data plan helps you stay connected even without your phone.
But that’s not all.
You can use the same number of your phone with your watch if you use AT&T’s NumberSync and Verizon’s NumberShare feature.
Many smartwatches now are equipped with NFC chips, enabling you to get things paid via your watch only. Famous wearable brand names such as Apple, Samsung develop their own mobile-payment system (Apple Pay and Samsung Pay respectively).
On the other side of the world, Android-based watches, for examples: LG Watch Sport, Huawei Watch 2, have Android pay.
By now, you must get the idea of a monthly fee for your smartwatch. It all depends on whether you want a wearable device with built-in cellular connectivity or not. If you do believe you need this feature or it could be useful to you, consider the additional price to pay for that.
Thanks to the emerging market of smart devices, the monthly charge for network service is gradually decreasing.
Having a smartwatch is incredible.
It not only helps you manage your time, monitor your health and body. Now it can also help you stay in touch.
For all these benefits, a monthly fee for smartwatches may not matter that much.