Tag Archive | "wearables"

Worldwide Wearables Market Grows 7.3% in Q3 2017


The worldwide wearables market took another step forward in the third quarter of 2017 (3Q17) with total shipment volume reaching 26.3 million units, up 7.3% year over year, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.

But while the overall market showed continued growth, it also showed a growing trend towards smart wearables (devices capable of running third party applications) and away from basic wearables (devices that do not run third party applications).

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Wearables Won’t Be Slowed Through 2021, Says IDC


Wearables continue to gain momentum despite global market saturation. That’s according to a recent report from IDC regarding the future of wearables.

International Data Corporation (IDC) expects the popularity of wrist-worn devices – including watches and wrist bands – will continue to drive the wearables market forward. Meanwhile, lesser-known wearable products, such as clothing and earwear, will experience market-beating growth in the years to come.

According to a new IDC Worldwide Quarterly Wearable Device Tracker forecast, vendors will ship a total of 121.7 million wearable devices this year, marking a 16.6% increase from the 104.4 million units shipped in 2016. The wearables market is forecast to maintain this pace of growth with shipments reaching 229.5 million units in 2021, resulting in a five-year compound annual growth rate (CAGR) of 17.2%.

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CorSense Aims to Optimize Health and Fitness Without Wearables


Things have kicked into high gear for CorSense thanks to a new Kickstarter campaign.

We’re told that CorSense raised $100,000 globally in 48 hours on Kickstarter.

The device is the brainchild of Elite HRV, creators of the largest heart rate variability (HRV) app and platform.

If you’re not familiar, CorSense is an HRV sensor that slips onto your fingertip and helps optimize nutrition, training, recovery, sleep and stress without any need for continuous wearables.

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IDC: Double-Digit Gains Ahead for Wearables


No signs of slowing. That’s according to a new report from IDC regarding the future of wearables.

International Data Corporation (IDC) expects the popularity of wrist-worn devices – including watches and wrist bands – will continue to drive the wearables market forward. Meanwhile, lesser-known wearable products, such as clothing and earwear, will experience market-beating growth in the years to come.

According to a new IDC Worldwide Quarterly Wearable Device Tracker forecast, vendors will ship a total of 121.7 million wearable devices this year, marking a 16.6% increase from the 104.4 million units shipped in 2016. The wearables market is forecast to maintain this pace of growth with shipments reaching 229.5 million units in 2021, resulting in a five-year compound annual growth rate (CAGR) of 17.2%.

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Samsung Touts New, Enhanced Wearables


Samsung Electronics America, Inc. has just introduced three new devices to its wearable portfolio, and MHW has the details.

New to the line up are:

  • Gear Sport, a sleek and versatile fitness-focused smartwatch that is water resistant;
  • Gear Fit2 Pro, an upgraded GPS fitness band with smart features; and
  • Gear IconX, a second generation of the company’s cord free earbuds.

We’re told that Samsung’s new Gear devices were designed to let consumers get the most out of their day, and help them live a healthier and well-balanced life.

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Visa Makes Headway in Wearables Market


Visa confirmed to MHW today that it is enabling Visa payments on Fitbit’s first smartwatch – Fitbit Ionic.

We’re told that eligible cardholders of participating banks will be able to make payments with Fitbit Pay, Fitbit’s new payment function, when available.

So how does it work?

With Fitbit Pay, Visa and Fitbit are meeting demand amongst the majority of wearable owners who, according to the recent “How We Will Pay” survey* by PYMNTS and Visa, see the opportunity for wearables to improve the way they pay throughout their day with a more secure and seamless cashless payment experience.

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Infographic: The State of Wearables Today


Valencell, a leading innovator in performance biometric data sensor technology, in collaboration with MEMS & Sensors Industry Group, the trade association advancing Micro-Electro-Mechanical Systems (MEMS) and sensors across global markets, recently conducted a national survey in regards to the state of wearables today.

The findings, portrayed in an infographic shared below, revealed interesting statistics about wearables users, including consumer interest in monitoring advanced health metrics like stress, blood pressure, and sunlight exposure.

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