wearable technology statistics Archives

The market for wearable technology could soon include 385 million people

07/22/201507/21/2015 Stephanie Beck

wearable technology watch mobile commerce

If the wearables market does grow as many expect it will, it could potentially alter the way we “consume and use information”. Erinn Murphy and Christof Fischer, of the bank and asset firm, Piper Jaffray, recently released a note to clients that stated that “wearable technology will be the next generation of devices to transform how individuals consume and use information.” While the adoption of smartwatches has not been a rapid one, wearable tech as a whole has been taking off. The note indicated that it may not be long…

Wearables are used by a small fraction of adults

01/16/201501/15/2015 Jennifer Goula

$Wearables are used by a small fraction of adults 2$

Over 80 percent are already using smartphones and among them, most have Android mobile devices. Although both last year and this year have been declared the year of the wearables, and many have expected that these devices, such as smartwatches and smart glasses, would go mainstream, it looks as though it may require a little bit more time for that hype to turn into consumer adoption. The results of a recent study has shown that wearable technology is used by a small minority of adults. This research was conducted by…