VENTURE BEAT - Oct 6 - Tech analyst firm Linley Group believes the IoT market is expected to surpass the number of smartphones in the year 2023, with the biggest growth opportunity in the consumer space and forecast about 10 devices per home in the 2022 timeframe.
1.4M Wearables Expected To Ship In Canada In 2015
IT BUSINESS - Oct 6 - According to IDC Canada’s Canadian Wearable Device Forecast, 2015-2019, 1.4 million wearable devices will be shipped across the country up from just 905,000 units shipped in 2014. The report shows CGAR of 32% — which translates to a projected jump to 3.6M units being shipped annually by 2019.
Fitness Wearables Are Not Reaching The Right Users
READ WRITE - Oct 5 - The main users are in the "three W" category: the worried, wealthy, and well. Recent polling by Ipsos found that only 11% of Americans over 54 intend to purchase a wearable device in the next 12 months, and a separate study by NPD Group concluded that fewer than a quarter of fitness tracker users were over 54. The same research showed that 41% of fitness tracker users earned more than $100K per year, and that 35- to 54-year-olds were the dominant demographic.
Smart Wearables For Sports And Fitness Market Research Report
DIGITAL JOURNAL - Oct 1 - Sports and fitness performance wearables markets at $3.5 billion in 2014 are anticipated to reach $14.9 billion by 2021. The wearables technology is evolving: better data gathering, better reliability, better navigation, better ability, better analytics to turn data into information are provided. Wearables are useful for measuring the effect of different activities on performance.
AR Market Projected To Grow At 88.5% CAGR To 2019
PR NEWSWIRE - Sep 30 - According to this 2015 augmented reality market report, companies are focusing on developing a mobile workforce in order to function better. Healthcare, automotive, defense, oil and gas, and mining are some of the sectors that are investing heavily in automation to reduce human errors. Further, the report states that the augmented reality market is facing a tough challenge because majority of AR apps available in the market fail because of poor content and the lack of ability to add new content.
Internet Of Things Recent Studies And Trends
TECH.CO - Sep 29 - Tata Consultancy Services has surveyed 800 corp. executives. The survey found that these business leaders view their IoT investments directly responsible for revenue increases of ~16% and 64%. 7% of them plan to spend ~$500M on IoT investments in 2015. (Investors poured $300M into IoT in 2014 - TechCrunch)
IoT Trends
- To support IoT devices and integration, there will be significant growth in the area of cloud-based service provider platforms.
- Security solutions will become more important.
- Half of the IoT activity is focused on consumer applications, transportation, manufacturing, and smart city solutions.
Consumer trends
- 13% of consumers are planning to purchase wearable fitness app within the next year.
- 5% are planning to purchase a smart watch.
- 83% are willing to pay more for a smart smoke alarm, 59% are willing to pay for a smart refrigerator.
Other trends:
- Google, Samsung, Microsoft and AT&T to dominate the space.
- Other new IoT products of interest are in the health and wellness niche.
Wearables Market Failing To Connect With Women
BENEFITS PRO - Sep 28 - A study by Saatchi & Saatchi Wellness sought to discover why women were less interested in wearable wellness devices. A survey of women between the ages of 25 and 34 found that most women don't buy into the notion that wellness is mostly about physical health. 12 % of survey respondents described physical wellbeing as their definition of wellness, compared to 76% who believe it has more to do with emotional wellbeing.
IoT Expands: Billions Of Connected Devices & Dollars
IOT DAILY - Sep 23 - There is now high IoT awareness in more than half (56%) of those in the retail industry, according to a 2,500-person, 15-country survey by IDC. A majority (73%) of companies have deployed, or plan to deploy over the next 12 months, some types of IoT solutions, more than half (58%) say they consider IoT to be a strategic initiative.
APX Labs: Wearables Ready for Biz
EETIMES - Sep 16 - APX Labs survey on the state of wearable technology in the enterprise, 93% of IT and business decisions makers surveyed indicated that their organizations are already using or actively exploring wearables. 87% said they believe wearable technology will have a significant impact in their industry within the next five years.
Apple's Grip On Wearables Market To Loosen
CHANNEL WEB - Sep 15 - According to IDC, WatchOS will dominate the market this year, accounting for 58.3% by the end of 2015 after shipping 13.9M units. In 2015, Android will trail Apple, shipping just 4.1M units and grabbing 17.4% market share. But by 2019, Android will take a hefty bite out of Apple's share. By then, Apple will have just 47.4% of the market, compared with Android's 38.4% after the pair ship 40.3M units and 32.6M units respectively.
Smart Wristwear Is Driving Explosive Growth In Wearables
NETWORK WORLD - Sep 14 - IDC published a new report suggesting that there's explosive growth in store for the wearables market, driven largely by an expanding list of smartwatch vendors, devices, experiences and price points. Wearable device shipments overall will reach more than 76M units this year, up 164% from the 29M units shipped in 2014. By 2019, worldwide shipments will surpass 173M units for a 5-year CAGR of almost 23%. Driving the category is smart wristwear capable of running third-party applications.
4-in-10 Boomers Want To Check The Markets With Wearables
EMARKETER - Sep 14 - According to research from E*trade, 40% of baby boomers with at least $10,000 in an online brokerage account would want to check the markets on a wearable device—3% points ahead of millennial digital investors. More than three in 10 boomers also said they would use a wearable device to check their portfolio, and 12% would check their watchlist.
IoT Speculated To Cost $2.5 Billion By 2020
THE MARKET BUSINESS - Sep 7 - The Juniper Research study notes that by 2020, as much as 70% of purchased IoT hardware won’t be consumer-centric, with the segment driven by business IoT spending pushing the IoT opportunity worldwide to $300B. The data also suggested that the expected explosion to 38.5B IoT-related connected devices in use worldwide by 2020 will prompt "fundamental changes" in cybersecurity to focus on quickly identifying the inevitable network breaches rather than concentrating on prevention.
by Robert Nicholls
See full article at The Market Business
Apple Watch Now #2 Wearable, Just Behind Fitbit
TECHCRUNCH - Aug 27 - According to a new report from IDC, Apple is now the number two wearable maker, thanks to its Apple Watch, coming in just behind market leader Fitbit during Q2 of 2015. Apple shipped 3.6M units in Q2 2015, just 0.8M units shy of Fitbit’s total 4.4M units. Those figures mean that Apple now has nearly 20% of the wearables market, while Fitbit has just over 24%. Other wearables of interest during Q2 included Xiaomi’s Mi Band, Garmin’s fitness trackers for runners, cyclists and swimmers, and Samsung’s Gear S and Gear Fit devices.
New ISU Study Tests Fitness Trackers Accuracy
KCCI - Aug 19 - Iowa State University researchers compared the results of the following monitors with the following overall error rate: Fitbit Flex (16.8%), Nike+ FuelBand SE (17.1%), Jawbone UP 24 (18.2 %), and Misfit Shine (30.4 %); and researcher monitors, BodyMedia Core (15.3%) and Actigraph GT3X (16.7%).
Apple Watch to Capture 68% Of Smart Watch Market Share
CTIMES - Aug 19 - According to Tractica, Apple Watch will succeed in capturing 68% of total smart watch market share worldwide by the end of 2015, with approximately 16.7 million Apple Watch shipments out of a total market of 24.4 million smart watches. The report examines the technology issues, market opportunities, and barriers for smart watches and the relevant application markets including consumer, enterprise, industrial, public safety, healthcare, and sports.
Research And Markets: Wearables For Health: Innovations And Disruptions 2015
BUSINESS WIRE - Aug 17 - The report highlights the latest innovations and analyzes the market opportunities for wearable devices and applications that target health, wellness, and safety use cases. Report Topics: Dominant use cases for wearables in the health and wellness market, Growth of the wearables market and technology innovations, Trends impacting consumer adoption of wearable health devices, Impact of the smart watch on the wearables market, Long term opportunities for wearable device brands, and Global sales forecast of connected fitness trackers.
Romania's Wearables Market To Grow 40% In 2015
TELECOMPAPER - Aug 13 - At present, the IT accessories wearable local market is estimated at under 50,000 units. In the next five years, growth will fall to about 15% annually. The head of Samsung Romania added that the local wearables market was created when Samsung launched first smartwatch model to the market two years ago.
The Future Of IoT Is Now
THE MOTLEY FOOL - Aug 12 - The world's marketers will spend nearly $235 billion in digital and mobile spots in 2015, as per a recent eMarketer report. And the shift to digital ads will continue to grow, moving away from traditional advertising mediums. In just two years, digital ads are expected to account for a third of the entire advertising market spend globally.
by Tim Brugger
See full article at The Motley Fool
Worldwide Wearables To Grow 173.3% In 2015, IDC Says
MOBILE ENTERPRISE - Aug 10 - The research group estimates that 155.7 million units will be shipped in 2019. More specifically, 72.1 million wearable devices are expected to ship this year, up a strong 173.3% from the 26.4 million units shipped in 2014.
by Deena M. Amato-McCoy
See full article at Mobile Enterprise
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