Global sales of wearables expected to spike

smartwatch wearables technology

Gartner sees sales of smartwatches and fitness bands heading in a skyward direction over the next few years. Gartner has now released its latest forecasts about the sale of wearables over the next few years, and it has predicted that these devices will see a global increase of 18.4 percent, which will bring the figure up from 232.0 million units sold, last year, to a notably higher 274.6 million units sold by the end of 2016. This year, wearable technology devices will have generated a total of $28.7 billion in…

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Consumers in mature markets are embracing mobile payments more aggressively

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Half of all consumers may opt to use their mobile devices to purchase products by 2018 Half of all consumers in mature markets are expected to be using their smartphones and wearable devices to make mobile payments by 2018, according to a new report from Gartner. Innovation in mobile applications and services will likely have a major impact on traditional business models, forcing merchants to take steps to better engage mobile consumers. More consumers are beginning to use their devices for productivity and entertainment, a trend that is creating new…

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Mobile commerce is thriving in the United Kingdom

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UK consumers are spending more through their mobile devices Research from RetailMeNot, predicts that more consumers in the United Kingdom will be spending their money through mobile devices in the coming years. According to this research, some $15 billion in mobile commerce retail transactions are expected to be made by the end of this year. The report notes that this is a significant increase over the $7 billion that was reported last year. Currently, mobile commerce accounts for as much as 30% of all digital retail transactions made throughout the…

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Mobile payments firm plans global expansion

Mobile payments in Singapore

goSwiff aims for expansion following success in the mobile commerce market Singapore mobile commerce firm goSwiff has announced that it has launched a global expansion initiative. The firm has managed to find significant success by working with banks and telecommunications companies in Singapore. This success has enabled the company to expand, allowing it to reach a greater number of consumers and work with more companies that are interested in the mobile commerce space. The firm has managed to edge out competition coming from other mobile payments service providers, establishing a…

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Some wearable technology will be mainstream in 2015

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There are already many gadgets on the market from smartwatches to the smart bra, but only some are actually selling. In 2014, many were calling it the year of wearable technology, and while it did represent a time in which many, many new devices made their way onto market shelves, it was still quite rare to actually see the majority of them in everyday life. Now, the next generation of mobile gadgets are starting to find their way onto the clothes and wrists of consumers. A recent report has shown…

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Wearable technology will see a considerable rise by 2016

smartwatch wearable technology

Recent Gartner research has predicted that in two years, 40 percent of wrist-worn devices will be smartwatches. Gartner, the respected market research firm, has now released a new report that has predicted that by the close of 2016, 40 percent of all devices worn on the wrist will come from the smartwatch category of wearable technology. This forecast comes as waves of companies have started to announce, unveil, or sell wearables of this nature. Two years ago, the wearable technology market saw only two companies that were actually selling smartwatches.…

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Mobile app development is rarely financially successful

Mobile app development

Recent research from Gartner has shown that less than 001 percent of applications succeed in earnings. According to some of the latest mobile app development data from Gartner, less than 0.01 percent of consumer applications that are created and made available to smartphone and tablet users will actually be considered to be a financial success from now through the end of 2018. This is not promising information for application developers, but it does show the importance of best practices. Gartner also pointed out that approximately 90 percent of mobile app…

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Augmented reality devices could save companies millions

Augmented Reality head mounted display

Augmented reality devices could hold a great deal of economic promise Google Glass is often touted as a potentially powerful social networking and engagement tool due to its use of augmented reality. While such estimations may be accurate, Glass may also be a major boon for businesses. According to market research firm Gartner, Glass, and similar devices, could help businesses save $1 billion a year within the next five years. Augmented reality has a role to play in these savings as the technology unlocks new forms of communication. AR can…

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Gartner study shows that new technologies may fail under the weight of consumer hype

Mobile Commerce

Consumers may be dragging down emerging technologies with lofty expectations, according to a new Gartner study. Gartner’s 2011 Hype Cycle Special Report is an annual study that investigates the maturity, business benefit and future direction of near-future technologies. The report also gauges the level of consumer response to these technologies and offers a forecast of their future and longevity based upon its findings. Of note, Gartner’s says that several of the most promising technologies coming into the market may not fare well due to the level of hype surrounding them.…

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What will it take to keep the M-Commerce ship afloat

M-Commerce

The NFC-driven mobile payment revolution may be coming to an abrupt end before it ever really gained any momentum. Analysts with Gartner Inc., a technology research firm, say that the prospect of mobile payments may be interesting, but the technology needed to facilitate this form of commerce is much more complex than the big players would have consumers believe. Many have stated before that the instigation of mobile commerce is seldom a singular effort. Companies interested in pioneering the field of mobile payments must garner the support of several thousand…

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