Of course, that doesn't really tell the whole story. First of all, Glass is still in beta, and has a very small user base. It shouldn't be a surprise that developers aren't jumping at the chance to build apps for a $1,500 beta product. Additionally, it should be noted that when building for Glass, developers need to create all new apps. That is not the case with Android Wear. The majority of current Android Wear apps are what Google first suggested - extensions of smartphone apps. Add to that the usual crapware that comes to all app stores (e.g. five different flashlight apps for Wear), and the number of Wear apps may not strike many as all that impressive.
Still, with developers this eager to offer options for Android Wear, it speaks to the viability of the platform. We've said it plenty of times before: you never want to be stuck with a platforms without enough apps. No apps means no users, which means developers won't build apps, and around you go in the vicious cycle. While the quality of Android Wear apps is still in need of work, the more apps the better.
source: Android Central