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.
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Statistics & Forecasts
Investment in VR/AR soared to $800 million in Q2 (Fast Company)
Apple’s HomePod and Apple Watch are in demand, analysts say (MarketWatch)
Wearable medical devices market estimated to be growing at a CAGR of 19.58%, reaching USD $11.18 billion by 2021 (MedGadget)
Device Announcements
RED debuts “the world’s first holographic media machine” (Forbes)
Funding & M&A
Jawbone is being liquidated (TechCrunch)
Major milestones
Xiaomi & Nokia patent partnership focused on AI, AR, and VR (9 to 5 Google)
Apple developers join WebVR Community Group (9to5 Mac)
BBC launches VR app (TechCrunch)
Google launches a simple tool to create and share in VR called Blocks (9to5 Google)
ESPN’s X Games will stream live in VR on Samsung headsets (Engadget)
The Oculus Rift and Touch bundle is on sale for $399 (The Verge)
This story was originally published by BetaKit.
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