Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about wearables this week, this is it.
Don’t forget to subscribe to The Wearable Weekly using the form below to make sure it hits your email inbox every week!
Statistics & Forecasts
IDC Forecasts Worldwide Shipments of Wearables to Surpass 200 Million in 2019 (Business Wire)
Market for wearable technology is expected to reach USD 31.27 Billion by 2020, at a CAGR of 17.8 percent between 2015 and 2020 (PR Newswire)
Shipments of connected wearables will reach 228M in 2020 (Fierce Wireless)
By 2020, the number of wearables shipped around the world will reach 210 million units, an increase of over five times from the approximately 38 million units in 2014 (e27)
Sales of the Apple Watch are forecast to increase from an estimated 13 million units in 2015 to 45.2 million units in 2019 (Apple Insider)
The global smart glass market accounted for $27.2 billion in 2014, and is estimated to reach $126.7 billion by 2022 (Digital Journal)
Approximately half of all consumers in mature markets are expected to use smartphones or wearables to make payments by 2018 (IT Portal)
Device Announcements
KINETIC announces wearables aimed to reduce back injuries (Benzinga)
Vuzix iWear Headphones VR Are Now Available For Shipping (Tech Times)
VR exercise bike controller VirZoom opens pre-orders (Wareable)
Valencell announces a prepackaged system for wearables called BioPack (Mobile ID World)
Funding, Crowdfunding & M&A
Hexoskin raises $1.3 million in second round of financing (BetaKit)
Infosys to invest $3 million in wearable tech startup WHOOP (VC Circle)
Ndreams, a UK-based games company, raised £2 million ($3 million USD) from Mercia Technologies (Business Insider)
Seattle-based Pixvana has raised a $6 million seed round to build a cloud-based virtual reality video (VR) streaming solution (Variety)
Digital effects group, Digital Domain Holdings is to pay $38.9 million for a majority 53.9% stake in Canadian virtual reality technology firm IMV (Variety)
ReliefBand Technologies raises $5 million to market next-gen nausea wearable to consumers (Fierce Medical Devices)
French startup Giroptic raises $4.5 million for the GoPro for VR (TechCrunch)
Major Milestones
Android Wear releases new Designer Watch Faces (MobileSyrup)
Pebble launches Pebble Health app to monitor fitness with the Pebble smartwatch (MobileSyrup)
Facebook’s Parse adds SDKs for Apple TV, Apple Watch (ZDNET)
Rumours
Huawei may be bringing variants of its smartwatch geared towards females (Digital Trends)
Subscribe to The Wearable Weekly
Don’t forget to subscribe to The Wearable Weekly using the form below to make sure it hits your email inbox every week!
MobileSyrup may earn a commission from purchases made via our links, which helps fund the journalism we provide free on our website. These links do not influence our editorial content. Support us here.
