IDC wearables analysis: Fitbit continues to lead way amid alarming Apple decline

Picture credit: Fitbit

The latest figures from IDC show Fitbit continues to lead the way in global wearable device sales, but Apple slides alarmingly down the table.

According to the most recent Worldwide Quarterly Wearable Device Tracker analysis, Fitbit sold 5.3 million units in Q316, up from 4.8m this time last year, while the company’s overall market share has risen to 23.0% from 2.14% in Q315.

This rise can partly be attributed to Apple’s relative demise. With 3.9m units shipped in the third...

By James Bourne, 07 December 2016, 0 comments. Categories: Devices, Research.

Gartner warns of wearable device drop out in latest missive

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The latest research note from analyst firm Gartner argues that wearables need to be more useful and dropout is a ‘serious problem’ for the industry.

The 2016 Gartner Personal Technologies Study showed that the abandonment rate of smartwatches is 29% and 30% for fitness trackers as people do not find them useful, they get bored of them or they break.

Angela McIntyre, research director at Gartner said: “Dropout from device usage is a serious problem for the industry. The...

By Wearable Tech, 07 December 2016, 0 comments. Categories: Data & Analytics, Devices, Smartwatches.

Pebble declined $740m from Citizen last year, now it's reportedly selling to Fitbit for $34m

(Image Credit: iStockPhoto/Mlenny)

Pebble was the original Kickstarter success story and remains today as one of the most-funded campaigns in the crowdfunding platform's history. The device helped to propel wearables forward, and subsequent updates have kept the company's devices sharing the main stage with players such as Apple and...

By Ryan Daws, 01 December 2016, 0 comments. Categories: Devices, Smartwatches.

IDTechEx argues wearable tech market to exceed $30bn in 2016 and $150bn by 2026

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A three year research report from IDTechEx estimates that the global wearable technology market will be worth over $30 billion in 2016. The report says that the market will grow in three stages: 9% annually to over $40 billion in 2018, but then accelerating to 23% through to over $100 billion by 2023, before slowing to 10% to reach over $150 billion by 2026.

The report details IDTechEx's coverage of the wearable technology ecosystem, which looks at the industry from many different...

By Wearable Tech, 09 November 2016, 0 comments. Categories: Devices, Fitness, Health & Wellness, Research.

Canalys gives more optimistic view on smartwatch shipments

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If there’s one thing analyst companies like to do, it’s disagree with each other. Gartner and IDC recently had slightly different paths over the future role of the CIO – and now Canalys is disagreeing with IDC over wearable shipments.

According to a note issued at the end of last week, Canalys argued that Apple shipped 2.8 million smartwatches in the third quarter, making a specific point that shipments compared favourably “despite reports to the...

By James Bourne, 08 November 2016, 0 comments. Categories: Devices, iOS, Smartwatches.

Amazfit Arc launched, offers ‘comprehensive’ tracking and 20 day battery life

Picture credit: Amazfit

US-based wearable technology company Amazfit has introduced the new Amazfit Arc, a new heart rate, activity and sleep tracker that can follow a user’s progress in real-time. The Amazfit Arc features a scratch-resistant OLED touchscreen and a 20-day battery life for an introductory price of $49.99.

The Arc joins the recently announced, ceramic-based Moonbeam and Equator wearables by the company, which are the slimmest and most lightweight activity trackers on the market today. All...

By Wearable Tech, 01 November 2016, 0 comments. Categories: Devices, Ecosystems.

LVL breaks $1 million Kickstarter mark for 'first wearable hydration monitor'

Picture credit: BSX Technologies

BSX Technologies has announced that the Kickstarter campaign for its LVL wearable device has surpassed $1 million in funding with an original goal of $50,000, putting it in the top 0.06% of the crowd-funding site’s initiatives.

Integrated with smart sensor and patented red light technology, LVL can monitor the user’s present hydration levels and then recommends the exact volume needed to achieve optimal hydration. The device also tracks heart rate, sleep quality,...

By Wearable Tech, 21 October 2016, 0 comments. Categories: Devices, Fitness.