Eighty-four million wearables were sold in 2015, and experts are predicting the market will grow to 245 million by 2019. That means that, once again, CES 2017 will be the venue to check out the latest commercially available products and the newest technologies that will power wearables of the future. MEMS and sensors are key to wearables’ capabilities and, Karen Lightman, executive director of the MEMS Industry Group, says CES 2017 will showcase some “exciting” new wearables features. Continue reading CES: Wearables Sporting New Capabilities in Maturing Market

According to a report from The Information, fitness band market leader Fitbit is close to finalizing a deal to purchase smartwatch maker (and Kickstarter success story) Pebble. The startup was said to be facing financial challenges and looking to sell. Fitbit is reportedly looking to pick up Pebble’s intellectual property and software, and is expected to shutter the brand and its products over time. While a dollar amount for the deal has not been revealed, some place the purchase price in the $34-40 million range. “Watch maker Citizen was interested in purchasing Pebble for $740 million in 2015,” reports TechCrunch. “This deal failed and before the launch of the Pebble 2 Intel made an offer for $70 million.” Continue reading Fitbit Close to Acquiring Struggling Smartwatch Maker Pebble

Research out of the University of Pennsylvania’s Wharton School, led by Professor Ethan Mollick, revealed that, since its 2009 founding, Kickstarter has been used to raise $5.3 billion, leading to the creation of 8,800 new companies and non-profit organizations and generating 29,600 full-time and 283,000 part-time jobs. The study, funded in part by the Kauffman Foundation, relied on data from Kickstarter and only looked at successfully funded projects. Kickstarter had no involvement in the study. Continue reading Study Examines the Significant Impact of Kickstarter Projects

IDC announced this week that wearable devices have experienced eight consecutive quarters of solid growth. According to the new report released Wednesday, 11.4 million wearables shipped worldwide during the first quarter, up from 3.8 million shipped during Q1 last year. IDC credits lower prices and a greater variety of wearables, such as smartwatches and activity trackers, for the increase in global sales. Fitbit led the charge last quarter by shipping nearly 4 million devices, followed by Xiaomi, Garmin, Samsung and Jawbone. Continue reading Researcher Announces Impressive First Quarter for Wearables

Microsoft is joining Apple, Fitbit, musician will.i.am and others gearing up to offer new smartwatches. Microsoft’s wearable — a smartwatch that will track your heart rate, work across different mobile platforms, and run for more than two days of regular use before needing a charge — is expected to launch in the next few weeks. A name for the device or its retail cost is not yet known. Microsoft joins a growing field as the wearable tech market is forecasted to be worth $7.1 billion as early as next year. Continue reading Microsoft Plans to Debut New Smartwatch in Next Few Weeks

Facebook recently purchased ProtoGeo Oy, the maker of a fitness-tracking smartphone app called Moves. The app, which already has been downloaded more than 4 four million times on iPhone and Android, uses data from the phone’s accelerometer to automatically record the user’s walking, cycling, and running activity, and displays statistics on distance and calories burned. The acquisition could be Facebook’s first step into eventually developing wearable smartwatches. Continue reading Facebook Acquires Fitness App, Could Develop Wearable Tech

According to Kickstarter, the crowd-funding site officially passed $1 billion in pledges yesterday. Of the one billion pledged by 5.7 million individuals from 224 countries and territories to help fund creative projects, more than half was pledged in the last 12 months. More than $663 million was pledged by nearly 3.76 million backers in the U.S. alone. Other top countries include the U.K., Canada, Australia, Germany and France. Interestingly, nearly 16,000 people have backed more than 50 projects. Continue reading New Milestone: Kickstarter Passes the $1 Billion Pledge Mark

It looks like Archos, maker of Android devices, will join Pebble, Samsung, Sony and others in the emerging smartwatch market when it debuts new connected devices at next week’s CES. A “Coming Soon” teaser page on the company’s website promises “Archos Smartwatches: the perfect companions for your smartphone.” And the company’s press release suggests new smartwatches will join a collection of other connected devices on display in Central Hall at the Archos booth. Continue reading Archos to Intro Smartwatches and Connected Devices at CES

Juniper Research predicts that sales of wearable connected devices, including smart watches and glasses, will hit $19 billion by 2018, up from the $1.4 billion the industry is expected to generate this year. While issues concerning privacy are emerging, wearable devices are expected to become more popular as a result of advances in wireless connectivity and mobile computing. Juniper also cites consumer demand and the rise of related subscription services as key factors. Continue reading Sales of Wearable Devices to Reach $19 Billion by 2018

Sony’s new flagship Android phone, the $650 Xperia Z1, is now available in the U.S. The 5-inch phone features a massive 20.7-megapixel camera and can attach additional lenses. The company is also introducing its 6.4-inch Xperia Z Ultra, with a 4G LTE option, and its $200 SmartWatch 2 this week. The SmartWatch 2 will compete with Samsung’s Galaxy Gear, the Pebble, Qualcomm’s Toq and a slate of new wearable devices expected to launch soon. Continue reading Sony Launches Pair of Xperia Android Phones and SmartWatch 2

Most smartwatches currently on the market or in development are essentially extensions of one’s smartphone. But a really attractive smartwatch will be one that can offer contextual information when needed. Larger companies may have the edge in providing sources of data for using this type of information. An example of this potential functionality is a watch that integrates with Google Now, Google’s contextual search and personal data assistant. Continue reading Smartwatch with Google Now May Be Best Contextual Device

As wireless technology advances and smaller devices become more powerful, wearable technology has begun to expand beyond niche markets into more mainstream applications. Christian Lindholm of design firm Koru expects the trend of wearable technology in 2013 and highlights the products he thinks will make the largest splashes, including watches, sensors and glasses. Continue reading Wearable Technology: Smart Watches and Other Notable Trends

“Kickstarter has really changed the dynamics at CES,” writes The Verge. “This year, independent developers are getting as much attention as the big companies that usually dominate, and many of them built their products with crowdfunded cash.” Kickstarter gives the small company or the entrepreneur a chance to compete with well-known electronics makers and is leveling a once very one-sided playing field. Continue reading CES 2013: Kickstarter Was Seemingly Everywhere This Year