Mobile Wearables and Cloud Computing Apps Converge

Adoption of mobile internet access, combined with the development of innovative cloud services and wearable devices, has created a multitude of new consumer and business use cases that will drive demand, according to the latest worldwide market study by IDC.

via Digital Lifescapes

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, that’s up by 7.3 percent year over year, according to the International Data Corporation (IDC).

via IDC

Global Wearables Market will Double in Size by 2021

As the wearables market evolves, total shipment volumes will maintain their growth momentum. Vendors will ship a total of 125.5 million wearable devices worldwide in 2017, that’s a 20.4 percent increase from the 104.3 million units shipped in 2016.

Source: Digital Lifescapes

Smartwatch Reset: Wearable Tech Vendor Reaction

According to the Juniper assessment, multi-functional smartwatches are the most visible smartwatch category overall, but now that initial interest has waned, the segment is consolidating.

Source: Digital Lifescapes

Exploring the Development of Multi-Modal Computing Apps

According to the latest worldwide market study by Juniper Research, gesture and motion control will become vital components for certain forms of human-computer interaction during the next decade.

Source: Digital Lifescapes

Smartwatch Market Demand Fades in Third Quarter 2016

The worldwide smartwatch market growth slowed in 3Q16, resulting in a year-over-year decline in shipment volumes. According to data from IDC, total smartwatch volumes reached 2.7 million units shipped in 3Q16 — that’s a decrease of 51.6% from the 5.6 million units shipped in 3Q15.

Source: IDC

Worldwide Wearables Market Climbs 26.1% in 2Q16

Shipments of wearable devices reached 22.5 million in the second quarter of 2016 (2Q16), according to IDC. Despite a decline in shipments for one of the largest vendors, the overall market for wearable devices grew 26.1% year over year as new use cases are slowly starting to emerge.

Source: IDC

New Hearables Join Wearables in the Internet of Things

A new worldwide market study by Juniper Research has found that revenue from the overall category of ‘smart audio’ hardware will more than triple over the next four years, rising from an estimated $1.4 billion this year to over $5.5 billion by 2020.

Source: Digital Lifescapes

Connected Activity Tracking Devices Create a Mass of Data

More people are wearing new personal activity tracking devices. According to the latest market study by The NPD Group, annual 2015 unit sales of connected activity trackers experienced impressive growth of 85 percent versus 2014 — that’s despite a hike in the average selling price (ASP) from $96 to $109.

Source: Digital Lifescapes

Wearables Market Revenue will Reach $28.7 Billion in 2016

According to the latest market study by Gartner, 274.6 million wearable electronic devices will be sold worldwide in 2016 — that’s an increase of 18.4 percent from 232.0 million units sold in 2015. Wearables will generate revenue of $28.7 billion in 2016, $11.5 billion of that total will be from smartwatches.

Source: Digital Lifescapes