Wearables

• [New] Revenue from (1) portable, connected fitness devices (wearables) and (2) digital fitness and nutrition apps is projected to reach US$311m and is expected to show an annual growth rate of 3.7%, resulting in a projected market volume of US$347m by 2024. / Ipsos
• [New] Talking about figures, global research and advisory firm Gartner has confirmed that by the end of the year 2021, the wearable market will reach up to $62 billion. / Techidology : Inspired By Technology
• [New] Reflective of the rising cargo quantity of good wearables, the Gartner report acknowledged that the worldwide end-user spending on wearable units can be anticipated to proceed its strong progress, and enhance 18.1% in 2021 to $81.5 billion from $69 billion in 2020. / Electronics.Sovistore
• [New] Factors such as User demand for advanced accessories, growing development opportunities of next-generation smart interface screens would create lucrative growth prospects for the Wearable Technology Market across Asia-Pacific region. / openPR.com
• Total worldwide spending on wearable devices is expected to increase 18% in 2021 compared to the previous year. / TechTarget
• The wearable payment device market for retail and grocery stores is expected to grow at the highest CAGR from 2021 to 2026. / Yankee Research Group
• The wearables market is diverse, ranging from high hopes for devices to control diabetes to reimbursement doubts for long-term cardiac monitoring to fitness trackers like the Apple Watch. / MedTech Dive
• DISH will use its 5G network to connect mobile and IoT devices like smartphones, robots, factory equipment, wearables, and other physical sensors to AWS to offload compute, analytics, machine learning, and related workloads, enabling systems to act on device data in real time. / Business Wire
• Per Gartner's projections, global user spending on wearable devices will increase 18.1% year over year to $81.5 billion in 2021, driven by strong demand for smartwatches and ear-worn devices. / TECHTELEGRAPH
• The highly anticipated Apple Glass is basically a wearable pair of glasses that uses augmented reality technology. / TechGenYZ
• Patients suffering from chronic conditions expect to increase their use of health and wellness tools over the next two years, particularly health-related apps, wearable fitness devices and smart watches. / Brian Solis
• The surging demand for innovative wearable type of medical devices owing to the growing awareness regarding the importance of fitness is expected to bode well for the global wearable medical devices market growth in the forthcoming years. / Yahoo Finance
• The discovery by a team at the University of Bristol could pave the way for wearable assist devices for people with disabilities and people suffering from age-related muscle degeneration. / Tech Xplore
• Moving forwards, we expect new forms of wearable technology to be released in the coming years, and specifically the idea which has been spoken about for some time now which is the idea of a pair of glasses. / TheDigitalLifestyle.com
• Shipments of wearable devices will reach $500 million by 2021 as more bettors opt for bracelets and watches that are capable of making payments. / SBC News
• As AI becomes more common in health care, Israel's prowess could inspire a new wave of startups that focus on developing SaMD algorithms, connected devices, and wearables. / Deloitte United States
• Continued improvements in all aspects of AR wearables will eventually result in a smoother experience for consumer-grade wearables from the likes of Apple when they do finally hit shelves. / Next Reality
• The New York health system is launching a remote patient monitoring program that will allow care teams to track and communicate with patients at home through an mHealth wearable and telehealth platform. / mHealthIntelligence
• If current growth trends continue, global wearable sales will top 2 billion units and overtake smartphone sales before the end of the decade. / Gizchina.com
• If the growth rate continues, by the end of the decade, sales of wearable devices will exceed 2 billion units per year, exceeding sales of smartphones. / Gizchina.com

Last updated: 09 May 2021