March 15, 2018
Apple has risen to the top of the competitive global wearables market, according to an IDC report that came out at the beginning of this month. Meanwhile the overall growth of the space has slowed as control of the market consolidates among big players.
"Interest in smartwatches continues to grow and Apple is well-positioned to capture demand," Ramone T. Llamas, research director of IDC's...
November 3, 2016
The third quarter has been a time of reckoning for Fitbit – despite increased revenue and user adoption, the release of new products and continuing interest in both employer-sponsored wellness programs and clinical trials, profits aren’t rising to meet increased operational costs all those gains require. On a third quarter earnings call with investors, Fitbit executives said the company’s growth...
September 21, 2016
Does your Fitbit actually make you less likely to lose weight? Probably not, despite what you may have read recently.
That was the question a number of major consumer-focused media outlets were asking after a new study in JAMA seemed to show just that. The study, which found that young adults who used a wearable actually lost less weight than those that didn't, checked off most of the boxes...
September 8, 2016
Favor is once again on Fitbit’s side in the ongoing legal battle between the leading wearable company and its increasingly beleagured competitor Jawbone. The US International Trade Commission ruled that a judge erred in deciding that two Fitbit patents weren’t eligible for legal protection.
Now, Fitbit can pursue an effort to block Jawbone’s products from the US market, but Jawbone doesn’t think...
August 10, 2016
In an effort to turn around the consistent declining revenue and sales, watchmaker Fossil Group is shifting its focus to smartwatches and trackers, effectively trying to rebrand itself as the leader in the industry by embarking on what executives called an “unprecedented launch.”
During a second quarter earnings call with investors and analysts, Fossil CEO Kosta Kartsotis said over the next three...
November 13, 2015
Fossil Group will buy wearables company Misfit for $260 million, the companies announced last night. Fossil will keep the Misfit brand and product line intact and work with them to develop and release additional products in Misfit's pipeline. Misfit founder and CEO Sonny Vu will serve as president and chief technology officer of connected devices at Fossil, an executive-level position. The...
November 17, 2014
Self-tracking data from wearable devices has gradually become important to your doctors, your employer, and your health insurer. Now it seems your lawyer wants in, too.
Vivametrica, a Canadian company that uses a device-agnostic platform to collect and analyze activity data for healthcare providers and employers, launched a new service for personal injury lawyers. Quantified data from the...
August 12, 2014
Although one third of consumers who own wearable devices stop using them within six months, the rate of adoption of smart wearable technology has increased, according to a survey of 1,700 device owners from Cambridge, Massachusetts-based Endeavour Partners.
In the survey, Endeavour Partners only looked at wearable trackers worn persistently throughout the day and avoided wearable trackers that...
December 2, 2013
Sensor startup Misfit Wearables announced that it has added Android support for its Misfit Shine activity tracker, just six months after dropping Android support from its original launch. According to the company, Shine will now work with any phone that both runs Android 4.3 or higher and has Bluetooth Smart connectivity, including Samsung Galaxy S4 and Note 3, the Google Nexus 4 and 5, and the...
November 14, 2013
Consumer wearable devices are a growing market. According to a recent report from Berg Insights, the category that includes fitness trackers, smart glasses, and smartwatches will have shipped 64 million units worldwide by the end of 2017, up from 8.3 million in 2012.
As the biggest consumer shopping season of the year begins, the fitness tracker arms race is heating up, and the longtime...