Samsung hailed the smarwatch as a "fashion icon" and hopes it will usher in a new trend when it goes on sale on September 25.
At the launch Samsung’s chief executive JK Shinsaid said: “Consumers want their daily lives to be easier and more enjoyable.
"Samsung Galaxy Gear benefits consumers by integrating smart device technology even deeper into their everyday lives, and bridges the gap between the mobile device and fashion worlds to create truly wearable technology."
However, despite this optimism, Samsung has come in for criticism over the decision to make the Galaxy Gear compatible only with Galaxy Android devices.
Making the watch more compatible is likely to be one of the improvements incorporated in the Galaxy Gear 2.
Samsung is the world's bestselling smartphone maker and beat a number of rivals to unveil the device, with some predicting demand for the gadget set to soar.
As many as five million smartwatches could be sold in 2014 according to Tech consultancy Canalys.
Reports that Samsung are looking to rush out a second version of the smartwatch could reflect the potential the company sees in the market.
At the launch Samsung’s chief executive JK Shinsaid said: “Consumers want their daily lives to be easier and more enjoyable.
"Samsung Galaxy Gear benefits consumers by integrating smart device technology even deeper into their everyday lives, and bridges the gap between the mobile device and fashion worlds to create truly wearable technology."
However, despite this optimism, Samsung has come in for criticism over the decision to make the Galaxy Gear compatible only with Galaxy Android devices.
Making the watch more compatible is likely to be one of the improvements incorporated in the Galaxy Gear 2.
Samsung is the world's bestselling smartphone maker and beat a number of rivals to unveil the device, with some predicting demand for the gadget set to soar.
As many as five million smartwatches could be sold in 2014 according to Tech consultancy Canalys.
Reports that Samsung are looking to rush out a second version of the smartwatch could reflect the potential the company sees in the market.