Yes it was but they didn't explode it and make it into something unbelievably good.I would contend that the wearables market, watches specifically, was bad technology before Apple stepped in.
Instead they made a watch that nobody knows what it's really for. App makers put apps on it but that was silly and now they're deprecating or removing them. It tells the time, you can make dick tracy phone calls on it, and it works like a FitBit. A five hundred dollar fitbit that you charge every night and throw in the garbage in a few years.
You will know it when an industry is revolutionized because everything is turned on its' head and you have no idea how you functioned before you had the new product.
People said that about the original iMac, people said that about the iPod+iTunes ecosystem, and people say that about the iPhone and iPad.
But those were 20, 15, and 10 years ago respectively. Since then, crickets. And a watch that can make phone calls.