The analyst firm IDC predicts a gloomy year for wearables for the remainder of 2022. Things will start to look up again in 2023 with all wearables segments, except wristbands, due to return to growth.
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IDC data has shown that people turned to purchase wearables as their disposable income rose due to the closure of most retail outlets because of coronavirus. The market grew by 28.4% compared to 2019.
Gartner has said that spend in the global wearable market will reach $81.5 billion this year, up 18.1% compared to 2020 where spend reached $69 billion. Ear-worn devices will create the most spend.
IDC has predicted that wearables will achieve more than 300 million unit shipments this year. The figures expected this year are 71.4% up from last year when 178 million units shipped.
Amazon has been awarded two patents which will let it track employees around the building while also guiding them to the packages they've been assigned to collect and get shipped to customers.
A patent filed to the United States Patent and Trademark Office reveals Samsung's idea of having a display on the wristband of a smartwatch, along with a center-mounted camera capable of optical zoom.
A new entrant into the fitness tracking world is a $25 wristband called the iBody. Alongside the traditional features like sleep and exercise monitoring, the wristband also has a nice display.
Just a few weeks after confirming its plans for a Windows Phone app, Fitbit has launched that app today, bringing extensive support for its fitness-focused wearables to Microsoft's mobile OS.