Research: Entry of Apple Watch could be watershed for global wearables market

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A new report from Visiongain projects the value of the global wearables technology market to touch $16.1 billion in 2015, though the market has not gained traction in the near past in terms of technological evolution, sales and end-user adoption.

The entry of the Apple Watch into the market could turn out to be a watershed for the global wearables technology market and ensure mass market adoption in 2015, the researchers argue. The development could transform the overall size of...

By Wearable Tech, 17 September 2015, 0 comments. Categories: Research, Smartwatches.

Healthcare to dominate as wearable technology market reaches $70 billion by 2025

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The wearable technology market is expected to rise from $20 billion in 2015 to close to $70 billion in 2025 led by the healthcare sector, according to IDTechEx.

Growth and development in the sector is being driven by the likes of Apple, Accenture, Adidas, Fujitsu, Nike, Philips, Reebok, Samsung, SAP and Roche. Advanced informatics is expected to make have a huge impact as new healthcare and informatics devices could be a billion dollar opportunity.

IDTechEx has analysed Google...

By Wearable Tech, 10 September 2015, 0 comments. Categories: Fitness, Health Monitoring, Health & Wellness.

Why fitness band manufacturers need to do more to keep consumers engaged

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According to Argus Insights, demand growth in the US wearables market has slowed down after a post-holidays peak in January 2015. Yet consumer feedback volume grew significantly from 2014 to the first half of 2015.

The report used data from around 328,000 consumer reviews since January 2014 and found that interest in wearables declined for a short while after the 2013 holiday season, before picking up and peaking in January 2015. Interest in wearables rose fourfold over this period, but...

By Wearable Tech, 07 September 2015, 0 comments. Categories: Research, Smartwatches.

How wearable devices boost the domestic online healthcare industry in China

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China faces stark disparity in terms of medical resources and, as a result, the online healthcare market and telemedicine industry in the country are set to benefit from opportunities in ensuring that technology covers the gap. Additionally, the accelerated pace of growth in wearables and medical informatisation is set to boost the aforementioned sectors.

The China online healthcare market was valued at CNY 10.88 billion (£1.12bn) in 2014, with transaction revenue providing 90% of...

By Wearable Tech, 03 September 2015, 0 comments. Categories: Fitness, Health Monitoring, Health & Wellness.