IDC released projections for wearables market growth through 2021. IDC is still expecting the wrist to dominate wearables for the next 5 years with watches and wristbands taking 88.2% market share by 2021. As many expect, IDC expects the market to “hyper-segment into specific niches”. In my view, they are underestimating the hyper-segmentation across all form factors, particularly hearables and clothing. Here.
Google Glass didn’t work (initially) as a consumer device but it’s gaining traction in industrial/manufacturing use cases. Here.
Everyone knows Apple is working on AR, but Bloomberg got some more details this week. They’ve pulled together a team with experience from Dolby Labs, Hololens, Oculus, and Hollywood digital effects experts. Here.
One VC speculates that Apple’s AirPods will sell more units than the Apple Watch next year. Here.
Hearables crowdfunding crossed $50M in aggregate in February. Here.
Lots of news from Baselworld 2017:
- Tag Heuer, Movado, Hugo Boss, Tommy Hilfiger, Guess, Michael Kors, Emperio Armani, Diesel, Tory Burch, DKNY, Mark Jacobs Riley, and many others launched smart watches or hybrid watches at Baselworld. Here’s a good summary of the Top 25 smartwatches and hybrid watches (traditional analog movement watches with “smart” capabilities). Here.
- Fossil will bring 300 wearables to market. Here.
- Samsung floats an odd concept for a smart pocket watch. Here.
Mayo Clinic announces more investment in digital health tools targeted at cardiac issues and arrhythmia. Here.
Sanofi launches “social experiment” to use wearables to track sleep and activity in conjunction with use of one of their allergy medications. It’s not a scientific study, but a good use case for wearables. Here.
A 65-person study published in JAMA Surgery indicates post-surgery usage of a mobile app reduces the need for in-person follow-up visits. Here.