Despite fears that the launch of the Apple Watch might affect global wearable shipments early this year, the first quarter showed no signs of slowing down. IDC reported earlier this month that more than 11 million wearable devices shipped in Q1 2015, up 200% over the same quarter a year ago to record their eighth consecutive quarter of growth. In […]
Wearables
Strong growth for wearables in Q1 2015
Fears that the upcoming launch of the Apple Watch would cause consumers to hold off buying wearables in Q1 2015 have proven unfounded according to IDC. Instead, the worldwide wearable device market grew for the eight consecutive quarter, even bucking the usual trend of slowing sales following the holiday shopping season. Wearable shipments hit 11.4 million units, up 200% from the same quarter a […]
Enterprise wearables shipments to top 27 million units by 2020
Wearables such as fitness trackers and smartwatches are making inroads in the consumer market. A recent report expects that the overall wearable computer market will top 235 million units by 2020. Tractica, a market research firm, expects that enterprise wearables is also poised for substantial growth over the next few years. Defined as wearables used in a corporate setting, they are […]
Ads on smartwatches to be worth US$70 Million by 2019
Smartwatches may have only caught on with a small portion of consumers to date but advertisers are already looking at opportunities to bring their ads to wearables. According to Juniper Research, advertising on smartwatches will be worth US$68.6 million by 2019. In comparison, such advertising is expected to only reach about US$1.5 million this year. US$70 million is less than […]
Recharge your batteries with motion-powered fabrics
The perenial complaint about the battery life of our mobile devices has found new life with wearables. With most smartwatches needing to be recharged nightly, consumers continue to voice their wish for longer battery life. Could another wearable be the answer that everyone has been looking for? Scientists at the Sungkyunkwan University, South Korea have come up with a motion-powered […]
IDC: Smart wearables shipments to top 25 million units in 2015
Smart wearables, devices capable of running third-party applications, are one of the most exciting areas of mobile technology these days. New devices are announced almost every day as companies rush in to grab their slice of the pie. Devices like the Moto 360 and Samsung Gear line helped shipments reach 4.2 million last year. Market research firm IDC expects that […]
Wearables adoption in India to take time
The Apple Watch is widely expected to be the kind of “halo” device that gives wearables an additional aura of credibility among consumers. It should not be any different in India and in fact may be a “booster shot for the nascent wearable category.” As one would expect though, not everyone believes that wearables are about to explode. Indian device […]
Fossil Group wearables coming this year
High-end watchmakers are not the only ones jumping into the wearables space. Fashion companies are also rushing in. The latest to announce plans to offer what it calls connected accessories later this year is the Fossil Group. Greg McKelvey, Fossil’s chief strategy and marketing officer, yesterday outlined the company’s plans to analysts. Fossil plans to offer ‘multiple accessories and price points” both […]