W|W: The Wearable Weekly – Posh Wearables: Bentleys and Galas

Bentley Apple Watch app

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.

Don’t forget to subscribe to The Wearable Weekly using the form below to make sure it hits your email inbox every week!


Statistics & Forecasts

One in ten consumers in the US own either a fitness band or smartwatch (12.2%), nearly double the penetration in the EU4 (6.6%) (MarketWatch)

Over a third of households may own a wearable next year (ReadWrite)

Wearable activity tracking device purchasing expected to grow 11 percent in 2016 (Healthcare IT News)

Brain Computer Interface Market to Reach US$1.23 Bn by 2024, says new report (PR Newswire)

Smart clothing, body sensor shipments to reach 92.7M units in 2021 (MobiHealth News)

Wearable Technology Market (Devices) Worth $40B – Over 240 Million Annual Unit Shipments by 2020 (MarketWatch)

Fitbit Inc reported a 50% jump in quarterly revenue (Yahoo)

Schools are going to see a surge in wearable tech over the next five years, according to a report published by Research and Markets (ReadWrite)


Device Announcements

Garmin introduces a new smartwatch, Vivomove (Engadget)

Xiaomi launches first smartwatch, Mi Bunny for kids (Mashable)


Funding, Crowdfunding & M&A

Humanyze closes $4M in funding for its career-oriented wearable tech (Xconomy)

Eonite Perception Raises $5.25 Million for its 3D Mapping and Tracking Technology (Business Wire)

Epson partners with Super Ventures (PR Newswire)


Major Milestones

Oculus begins selling device at Best Buy (Re/Code)

Claire Danes wears Zac Posen wearable tech at the Meta Gala (InStyle)

Bentley launches Apple Watch app (The Verge)

NextVR and Live Nation team up to stream 100s of live concerts in VR (CNET)

Osterhout Design Group teams with NuEyes for solution to help those with low vision (Business Wire)


Rumours

Sony files patent for smart contact lens (Mashable)

HTC might launch smartwatch in June (9to5 Google)


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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.