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Apple Beats Samsung and Fitbit

Apple Beats Samsung and Fitbit As North American Wearables Shipments Grow 10% Amid Pandemic

The value of North America’s wearable band market in Q2 2020 remained flat year-on-year at US$2 billion, despite shipments growing 10% annually, according to technology market analyst firm Canalys. Samsung lost a huge chunk of its market share through the period, as Americans went for cheaper trackers that were priced below US$50. Read more Contactless […]
ABI Research Contactless payment adoption

Contactless Payment System Will Drive Payment-Enabled Wearables Market to US$7.2 Billion in 2024

The rise in contactless payment as a result of the growing usage of contactless cards and Near-Field Communication (NFC)-enabled mobile payments is driving the wearable payments market. Read more Contactless Payment Systems On The Rise Amid COVID-19 Pandemic In large part, this usage reflects a growing trend in changing consumer behavior regarding payment habits and […]
Wearables Market Projected to Grow 137 percent

Wearables Market Projected to Grow 137% By 2024

The wearable tech market was worth nearly $27bn in 2019 and is likely to grow to $64bn by 2024 due to its increased awareness during the COVID-19 pandemic, including tracking disease contact, predict symptoms, and monitoring patients, according to a report by GlobalData. Read more Medical Wearables Market Will Reach $19.5 Billion by 2025, Reports […]
Novel Apps Pushing Popularity Of Wearables

Innovative Applications Pushing The Popularity Of Wearable Devices

The wearable device market is largely driven by the increasing awareness of healthy lifestyle and fitness. In addition, recent technological advancements such the Internet of Things (IoT), which has opened the door to more sophisticated applications being integrated into wearable devices, has also pushed the popularity of some of the devices to new highs. Nowadays, […]
Health monitoring wearables

Health Monitoring Features Propelling Wearables Market, Expected To Reach USD 74.03 Billion by 2025

Wearables market was valued at USD 27.91 Billion in 2019 and is expected to reach USD 74.03 Billion by 2025 while exhibiting a CAGR of 17.65% over the forecast period of 2020 to 2025, according to a report by Mordor Intelligence. Read more Popularity Of Wearables As A Payment Method Driving Its Market Growth, Poised […]
Technavio Wearable market report

Popularity Of Wearables As A Payment Method Driving Its Market Growth, Poised To Reach...

Wearables market is poised to grow by $35.48 bn during 2020-2024, progressing at a CAGR of about 13% during the forecast period, according to the new Technavio report. The popularity of wearable devices as a payment method has been instrumental in driving the growth of the market, said the report. However, rising concerns over data […]