W|W: The Wearable Weekly – 2016 is the year VR takes off

Welcome to The Wearable Weekly, your trusted guide to all things wearable tech. If you only have time to read one thing about wearables this week, this is it.

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Statistics & Forecasts

Technavio Expects the Classroom Wearables Technology Market in the US to Reach USD 3.7 Billion by 2020 (Business Wire)

IDC Forecasts Virtual Reality Hardware to Soar Past the $2 Billion Mark in 2016 (IDC)

Technavio Expects the Global Motion Sensor Market for Wearables to Reach 279 Million Units by 2020 (Business Wire)

Global shipments for health wearable devices will reach 97.6 million units in 2021, up from 2.5 million in 2016, according to a report from Tractica (MobiHealthNews)

Telus report reveals that smart devices will be commonplace in two years (MobileSyrup)


Device Announcements

China’s Dlodo unveils V One lightweight VR headset (Forbes)


Funding, Crowdfunding & M&A

VRStudios raises an additional $3M for its enterprise VR solution (GeekWire)

Tokyo’s Cluster raises $460K for its event platform in VR (VentureBeat)

AOL buys video production company RYOT (WSJ)


Major Milestones

Apple Watch Hermes now available in 17 countries (Apple Insider)

Apple mandating all Apple Watch apps must be native by June 1 (MobileSyrup)

Magic Leap launches a new video of its AR tech (Engadget)

Deal between label and RFID company Avery Dennison and IoT smart products platform vendor Evrything will usher in 10 billion pieces of connected clothing over the next 3 years (eWeek)


Rumours

New Acer smartphone signals readiness for VR (MobileSyrup)


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Tom Emrich

Tom Emrich

Sometimes called the “man from the future” Tom Emrich is a leading voice in wearable technology as an investor, community builder and influencer. His passion for this space is driven by his belief that wearable tech plays a critical role in our human evolution.

  • Leland

    Thanks Tom. Very helpful.