October 13, 2015
A new survey of 1,500 consumers from Apple Watch research service Wristly has found that 83 percent of the Apple Watch owners surveyed said the device at least somewhat contributes to their overall health and fitness.
Just under 60 percent of respondents said the watch contributes to some change in their health and fitness and 24 percent said the device contributed to a lot of change.
August 27, 2015
The demand for wearable devices, which include fitness bands, smartwatches, smart glasses, and other sensor-enabled devices, has decreased after reaching a high point in January, according to an Argus Insights report compiled from approximately 328,000 consumer reviews since January 2014.
Argus explained that over the last 18 months, the wearable market has grown significantly. Demand was slow at...
March 24, 2015
Juniper Research predicts that connected healthcare and fitness device services will produce $1.8 billion in annual revenues by 2019, according to a new report, a sixfold increase from 2015, which has predicted revenues of $320 million.
The services market is due to explode because in order to succeed, connected fitness devices will have to shift their focus from just hardware, to software and...
September 30, 2014
San Francisco-based Netpulse, which offers software to fitness clubs that connects fitness devices and apps to gym equipment, has raised $18.6 million in a new round of funding led by Nokia Growth Partners and with participation from August Capital, Javelin Venture Partners, DFJ Frontier and Docomo Capital. Nokia Growth Partners' John Gardner will join the Netpulse board as part of the deal.
May 27, 2014
This year has proven to be an eventful one for fitness wearables-maker Jawbone, which for the past few weeks has been the subject of acquisition rumors, according to a number of sources. Of course, all that noise could just be from the company's investors who may still be in the final stages of closing a hoped-for $250 million round of funding at a $3.3 billion valuation.
Last year Jawbone, which...
January 6, 2014
The wellness products market generated around $3.3 billion in 2013 and will increase to more than $8 billion in 2018 through product sales and software and service revenues, which is a 142 percent growth, according to a new report by Consumer Electronics Association in conjunction with Parks Associates.
Device manufacturers sold more than 40 million wellness products in 2013, according to the...
January 24, 2013
Last year Misfit Wearables' activity monitoring device Shine met its goal of raising $100,000 on Indiegogo in less than 10 hours after launching on the crowdfunding site. Last week Misfit's two month campaign came to close with about $846,000 raised from almost 8,000 people from 64 countries and all 50 states.
All told, the company now has pre-orders for about 10,000 Shine devices, which it aims...
November 14, 2012
Ever since AgaMatrix Co-founder and Chairman Sonny Vu left the iBGStar-maker last July, industry watchers have kept a close eye on his new startup, Misfit Wearables. After bringing on former Apple CEO John Sculley as an investor and co-founder, raising a $7.6 million initial round of funding with participation by high-profile investors like Vinod Khosla, and building a team of about two dozen...
July 14, 2011
This week Jawbone officially announced plans to launch a connected fitness device -- UP -- which the company has been working on for the past two years. As we reported earlier, the company's as-yet unreleased UP device will have plenty of competition from other dedicated or peripheral connected fitness devices.
By our count there are 10 other devices like UP either in the market today or coming...