UBS expects Apple Watch market to grow 40% year-over-year in 2019

UBS expects the Apple Watch market to grow even more next year with a 40% year-over-year increase to about 33 million watches.

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The analyst firm thinks Apple Watch growth could account for about 5% increase in revenue for Apple next year, a data point it compares to selling 15 million more iPhones.

UBS also thinks the increased price of the Apple Watch Series 4 with its redesigned display will increase AppleCare sales. After all, folks are going to want to insure the pricey smartwatch.