Covid-19 drives wearable device spending
Consumers will spend significantly more on wearable devices this year than they did last, with the Covid-19 pandemic proving to be a strong market driver, according to new data from Gartner.
Consumers will spend significantly more on wearable devices this year than they did last, with the Covid-19 pandemic proving to be a strong market driver, according to new data from Gartner.
The global wearables market had a buoyant third quarter, and with big names like Vodafone championing the latest devices this week, the outlook appears rosy going into the festive season.
The Department of Digital, Culture, Media and Sport (DCMS) has launched a £400,000 fund to fuel ambition for the security of internet-connected products.
The Q1 wearable shipment numbers showed strong growth, with the wireless headset segment up by nearly 70%, partly driven by working from home employees’ need to block out unwanted noise.
In early November, Google announced it was acquiring Fitbit for $2.1 billion, a transaction which has polarised opinion. But why is Google interested in a faltering wearables brand?
The iPhone is still the biggest contributor to the monstrous profits Apple claws in each quarter, but efforts in wearables and services are balancing out the company.
The US International Trade Commission (USITC) has said it will formally kick-off an investigation into Fitbit, Garmin and other parties, following a patent complaint from Philips.
The latest global wearable device market numbers from IDC reveal it grew by 95% in Q3, but much of this came from a category that didn’t used to be counted.
Google has announced it has entered into a definitive agreement to acquire wearables brand Fitbit as it further explores its options in the hardware segments.
As Apple continues to progress in the wearables market, Google parent Alphabet is rumoured to be looking at buying Fitbit.
After years of letting the industry down, the wearables segment has seemingly finally got its act together, with sales totalling $2 billion in the second quarter of 2019.
Global shipments of wearable devices are increasingly healthily increasing, according to IDC estimates, up 55% to 49.6 million over the first three months of 2019.
Cisco forecasts that 5G connections will go from nothing in 2017 to 3.4% of the global total in 2022. Over the same period annual mobile data traffic will reach 930 exabytes, a seven-fold growth.
The dark days of having to tie your shoelaces manually may finally be behind us thanks to the latest innovation from trainer-maker Nike.
Mobile security company Giesecke+Devrient is helping Swiss watch company Swatch with its own contactless payment technology.
Fitbit might not be turning in the results of yesteryear, but riding the wave of Versa to beat analyst expectations demonstrates there might be mass-market appeal for the brand.
While everyone else seems to struggle to make any money in the floundering wearables market, Fitbit has boasted of shipping more than one million Versa devices since general availability began on April 16.
Declining revenue for fitness tracker brand Fitbit is a perfect example of the fight the wearables segment faces in the battle to remain relevant in the super-connected era.
Having indicated it wanted to get out of the digital health game earlier this year, Nokia is selling Withings back to the bloke it bought it from.
It’s a sub-sector which has promised more false dawns than the England Football team, and now it seems the wearables division has claimed Intel as its latest victim,
What role will consumers expect telcos to play when COVID-19 is behind us?
Total Voters: 19
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