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 and Forecasts
The total worldwide wearable band market grew 8% year over year in Q2 2017, led by Xiaomi with shipments of 3.5 million units (Canalys)
ABI Research forecasts enterprise wearables will top US $60 million in revenue in 2022 (Markets Insider)
Fossil’s struggles with wearables send shares plummeting 25 percent (MarketWatch)
Vuzix reports second consecutive quarter of $1 million plus revenue during the second quarter (Next Reality)
Device Announcements
Fossil introduces Q Venture and Explorist smartwatches (Wareable)
Google Glass enterprise edition on sale through partner Streye (VR Focus)
Funding & M&A
Lampix’s augmented reality ‘Crypto’ crowdfund scores $4.5 million, targets $60 million (Forbes)
Here Be Dragons VR studio closes $10 million Series A led by Discovery (TechCrunch)
cognitiveVR selected to join Verizon Ventures Media Tech Venture Studio (BetaKit)
Major milestones
BlackBerry teams up with Vuzix to provide UEM software (Wareable)
Unreal Engine updated with preliminary support for ARKit (Apple Insider)
The Oculus launcher now works with Steam games (Engadget)
Firefox updated with WebVR support (TechCrunch)
Rumours
Samsung’s next wearable is the Samsung Gear Sport, expected to launch at IFA (Engadget)
Apple patent describes using the front-facing camera, light and proximity sensors for health measurements (9to5 Mac)
Fitbit smartwatch renderings leaked (9to5 Mac)
Subscribe to The Wearable Weekly
Don’t forget to subscribe to The Wearable Weekly using the form below to make sure it hits your email inbox every week!