Pebble proved there was a market for smart watches by breaking records on KickStarter to fund its project. And now Google wants a piece of the smart watch pie. Business Insider is reporting that the technology giant might be working on its own Android-based wrist watch.

Rumors started brewing last October about a Google device after the company acquired patents for a smart watch with a flip-up display. In the filing, the device was described as being able to give directions, retrieve product information, and display e-mail notifications. 

What's more, analysts like Gene Munster believe these devices will eventually replace smartphones. "Technology could progress to a point where consumers have a tablet plus wearable computers, like watches or glasses, that enable simple things like voice calls, texting, quick searches, navigation, etc. through voice control," he said.

[via Business Insider]