Connected Wearables Shipment will Reach 239 Million

Growing at a compound annual growth rate (CAGR) of 15.4 percent, total shipments of smartwatches, smart glasses, fitness & activity trackers, smart clothing, mobile telecare and medical devices as well as other wearable devices are forecasted to reach 238.5 million units in 2023.

via Digital Lifescapes

Data from Wearables will Transform Healthcare Policy

The gradual change in direction for fitness wearables to become essential healthcare devices will lead to over 75 million Americans using dedicated activity trackers by 2021 — that’s over double the current user base, according to the latest market study by Juniper Research.

Source: Digital Lifescapes

Global Wearables Market will Reach $30 Billion in 2016

Fueled by a frenzy of hype, funding and global interest, IDTechEx believes that wearable technology was catapulted to the top of the agenda for technology vendors spanning the entire value chain across the globe.

Source: Digital Lifescapes

How Investment in mHealth Drives Medical Big Data Apps

Activity tracker shipments continued to grow in 2015 — up almost 80 percent over 2014. Shipment totals will top 87 million in 2021 as these devices continue to lead consumers into the emerging wearable wireless connected health and well-being market, according to ABI Research.

Source: Digital Lifescapes

Emerging $5.5 Billion Market for Sensors in Wearable Tech

Sensors are an essential component of most Internet of Things (IoT) use-case scenarios. Sensors also enable the key applications in wearable devices. This is why made-for-wearable sensors are being developed around the world, and the market is already primed for significant growth.

Source: Digital Lifescapes

How Fitness Apps are Driving Wearable Tech in America

eMarketer estimates that 39.5 million American adults will use wearables during 2015 — including smartwatches, fitness trackers and other smart devices. That’s an increase of 57.7 percent over 2014.

Source: eMarketer

Wearable Device Usage will Grow by 60 Percent in 2015

In 2015, 39.5 million U.S. adults will use wearables, including smart watches and fitness trackers. That’s an increase of 57.7% over 2014. While penetration among U.S. adults is just 16% this year, eMarketer expects that to double by 2018, reaching 81.7 million users.

Source: eMarketer

Healthcare Wearable Device Apps Gain Momentum in 2015

In 2015, the wearable technology market will reach $24.2 billion. However, 74 percent of that growth will be with mature wearable product categories — such as smart watches, wireless earphones and blood glucose test strips, according to the latest market study by IDTechEx Research.

Source: Digital Lifescapes

Fitness Apps Drive Consumer Wearable Market in Spain

Fitness is a frequent reason for consumers to be interested in wearable devices. In Spain, the situation appears no different, with wearable device users selecting smart bands over other alternatives — and emphasizing health monitoring as a reason to buy.

Source: eMarketer

The Wearable Technology Market will Reach $74 Billion in 2025

The emerging applications for IoT sensors that are designed to be worn will become vast. The wearable technology market is forecast to rise from $24.2 billion in 2015 to three times that size in ten years — creating a market of $74 billion in 2025, according to IDTechEx Research.

via Digital Lifescapes