Why would anyone try to enter the smartwatch market at this time? Unless you are already in the game, you really missed your chance. Android wear, applewatch, pebble, and the Gear watches are it.
There is going to be so much attention given to the applewatch in the next few months that even the other "players" are in trouble. By the end of the year you will see a massive amount of people wearing applewatches. I really believe the applewatch will revolutionize the smartwatch market. Not by creating anything completely new, but by the massive amount of people it will attract simply b.c it is apple branded.
It will even be good for people who have android phones. Android wear sales will probably increase once the applewatch is released.
Well its not just the Apple Brand... The problem is also that beautiful smatwatches like the Moto 360 is not compatible with the iPhone which is a huge deal breaker for alot of people.
I currently dont use a watch, but if i was to get one, then obviously i'd choose the Apple watch cause of its functionality and its capability to pair to my phone.