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

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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

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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.

Wearable health tech firm Mio Global secures $15 million in series B funding

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Canada-based Mio Global, a company which provides wearable health technologies, has announced $15 million in funding led by Hydra Ventures with participation from private investors.

The company is seeking to impact the global health scenario with its new Personal Activity Intelligence (PAI) personal health metric and Mio SLICE wrist-based fitness tracker.

PAI uses heart rate to track the body’s response to all types of physical activity while providing actionable and...

By Wearable Tech, 20 October 2016, 1 comment. Categories: Devices, Fitness, Health Monitoring, Health & Wellness.

TomTom Touch is a bold wearable that doesn't quite fit

You've probably heard of TomTom, but the likelihood is you remember them for some of the best in-car satellite navigation systems. The rise of smartphone apps with connected features and constant updates has muscled in on TomTom's once large market and driven the company to explore more future-proof efforts. 

TomTom believes it has something to offer...

By Ryan Daws, 14 October 2016, 0 comments. Categories: Devices, Health Monitoring, Health & Wellness, Trackers.

This company has just been named the enterprise wearable device of the year

Picture credit: Vuzix

US-based Vuzix-owned next generation M300 Smart Glasses has been awarded the Enterprise Wearable Device of the Year by Compass Intelligence, a market analytics and consulting firm that specializes in metrics-driven market intelligence, advisory, marketing support, and insights for the mobile, IoT, and high-tech industries.

The Vuzix M300 is designed to address customer feedback from more than two years of productive use of the earlier M100 Smart Glasses. Its advanced ergonomic design and...

By Wearable Tech, 13 October 2016, 0 comments. Categories: Devices, Enterprise, Workplace.

ABI Research: Global wearable device shipments to hit more than 500m by 2021

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A new report from ABI Research predicts that the global wearable device shipments will increase from 202 million in 2016 to more than 501 million by 2021.

Analysts say that 17% of the shipments are attributed to enterprise end users in 2016, which will see the segment to nearly double at a CAGR of 35% by the end of the forecast period. It is also estimated that more than 16 million wearables – from activity trackers to healthcare monitors and from 3D motion trackers to...

By Wearable Tech, 12 October 2016, 0 comments. Categories: Devices, Enterprise.

This company claims to have launched the first UV-focused smartwatch

Picture credit: Dipitr/YouTube

Dipitr Technologies has launched O'We, the first smartwatch that aims to monitor sun exposure. The fitness watch is currently available for pre-order at an early-bird discount of 40%.

The new smartwatch has a feature called SunTrack that tracks sun exposure, and will soon launch on the crowdfunding website Kickstarter. Apart from the sun exposure monitor, the watch has other fitness features including measurements of daily...

By Wearable Tech, 28 September 2016, 0 comments. Categories: Devices, Health Monitoring, Health & Wellness, Smartwatches.

Apple Watch leads in smartwatch sector – but overall growth “slow”, argues Kantar

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The latest Kantar Worldpanel ComTech data on wearable device usage, as of July 2016, argues that while Apple still leads in smartwatch sales, overall sector growth is slow.

15.2% of US consumers own a smartwatch or fitness band, with the EU4 (France, Germany, Italy, UK), with an 8.1% penetration. Excluding fitness bands, adoption of smartwatches remains slow with 3.2% in EU4 and 4.7% in the US.

In the quarter ended July 2016, 47% of total wearable sales in the US were in the smartwatch...

By Wearable Tech, 23 September 2016, 0 comments. Categories: Devices, Research, Smartwatches.

Teva and Intel to develop wearable device that helps in Huntington’s disease treatment

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A new wearable device and a machine learning platform developed by Teva Pharmaceuticals and Intel Corporation is said to analyse and measure the development of Huntington’s disease (HD) that will help improve treatment evaluation.

Intel’s specialty in analytics and algorithm development for movement detection will melded with Teva’s specialty and deep knowledge in HD treatment and research, the companies claim.

In order to enhance and better understand the...

By Wearable Tech, 20 September 2016, 0 comments. Categories: Devices, Health Monitoring, Health & Wellness.