Wearable technology growth expected to keep slowing throughout 2018

Apple Watch smartwatch Close-up Details wearable technology growth

Despite all the hype and the massive investments by tech giants, wearables just aren’t taking with consumers. Wearable technology growth had been expected to continue seeing striking increases for many years to come. That said, despite the best efforts of tech giants, this has not been the case. Growth slowed down this year and is expected to continue dropping into next year as well. eMarketer, the market research firm, has reported that wearable technology growth is slowing in a significant way. In fact, within the next year, eMarketer predicts this…

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Vector smartwatch company sold to Fitbit

fitbit logo smartwatch company

The top fitness tracker company has now purchased a one year old wearable tech brand. Fitbit purchased Vector, smartwatch company out of Romania that is only a year old. The brand is managed from London, England and is a year old. The Vector brand is best known for smartwatches that have their own proprietary operating system. That said, beyond running on its own OS, the smartwatch company is also recognized for producing a device that has a 30 day battery life. In the smartwatch market, that amount of battery life…

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Mobile and wearable technology is diving into futuristic skincare

mobile wearable technology light therapy natural rosacea treatment juliebc

From portable devices to wearables and apps, the skin health and beauty industry is looking to tech. While laser treatments, chemical peels and botox injections haven’t lost their groove, portable, mobile and wearable technology are starting to carve out a massive segment of the market as consumers show that many of them would rather take matters into their own hands, especially if they can use tech to do it. The beauty industry hasn’t failed to recognize this fact and has started putting out mobile devices left, right and center. There…

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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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Wearable tech market predicted to grow by nearly 60 percent

wearable tech smartwatch

Hexa Research has forecasted that the category will experience massive growth between 2014 and 2020. The results of a new data analysis by Hexa Research have been released in the form of a report entitled “Wearable Technology Market”, and the prediction is that the wearable tech market will experience a 57.7 percent growth between 2014 and 2020. As of yet, the devices outside fitness trackers have struggled to gain mainstream acceptance. However, if Hexa Research is correct, wearable tech will become notably more commonplace in four years from now. This…

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