Apple Claims Early Lead in the Emerging Smartwatch Market

The Apple Watch is leading the pack in smartwatch sales. Last year, it captured 52 percent of market share in the 8 months since its April debut. Android Wear, the smartwatch platform behind wearables from Huawei, Motorola, Fossil, Asus and Sony, followed with less than 10 percent of market share. Apple’s domination is making investors reluctant to believe that other companies like Fitbit can compete. While Juniper Research data places Apple on top, the market is still relatively new and a lot could change in the next couple of years. Continue reading Apple Claims Early Lead in the Emerging Smartwatch Market

Wearable Tech Innovators Have an Eye on the Smart Home

Although wearables are a relatively new category in the digital marketplace, manufacturers are already looking to expand beyond the wrist to the smart home. “The [home security] market largely didn’t move from the 1970s,” explains Michael Wolff, founder of NextMarket Insights. “It was always high-end proprietary systems, but it’s being reinvented in the last couple of years.” Wearables are a great source of data, such as biometrics, goes the argument, and therefore can interface nicely with smart home applications. Continue reading Wearable Tech Innovators Have an Eye on the Smart Home