W|W: The Wearable Weekly – The $9 billion wearable trajectory

wearables

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

Canalys says that VR headset shipments topped one million in a quarter for the first time (Forbes)

Forrester: wearables will grow from a $4.8 billion industry last year to just over $9 billion in 2022 (Forbes)

IDC revealed that wearable tech sales in the third quarter of 2017 were up 7.3% from the same period of last year (Wareable)

Apple Watch study finds device can detect an abnormal heart rhythm with a 97 percent accuracy when paired with AI-based algorithm called DeepHeart (TechCrunch)

30% of consumers want health and fitness information from wearable devices (MediaPost)

Juniper Research: within five years, there will be 285 million hearables in use, a growth rate of 46% a year (MediaPost)

Samsung says it has cornered a 50% share in premium smart wearables market (Economic Times)


Device Announcements

VRGE VR headset organizer launches worldwide (VR Focus)

Vuzix Blade launches developer kit pre-order program (PR Newswire)

Oculus Go headsets are now shipping to developers (Road to VR)

FDA clears first medical accessory for the Apple Watch—an EKG sensor (Ars Technica)


Funding & M&A

Mapbox acquires augmented reality activity tracking app Fitness AR (TechCrunch)

Varjo secures $6.7 million investment, first batch of “human eye resolution” VR prototypes shipping to partners soon (Road to VR)

Amazon launches new AR/VR tool for developers (Business Insider)

HTC invests in 26 more AR/VR startups, including Toronto’s Quantum Capture (VentureBeat)


Major milestones

Android Wear lead moves to Stripe (CNBC)

BBC launches VR division with ISS spacewalk experience (Engadget)

Google expands its 3D objects pipeline for AR/VR with the Poly API (TechCrunch)

Google launches Daydream Impact to provide organizations with VR training, equipment rentals (9to5 Google)


Rumours

Magic Leap could call its first AR headset “Magic Leap One” (Road to VR)

Patents reveal see-through iPhones and Macbooks may be part of Apple’s AR future (Next Reality)

Huawei’s unannounced Daydream VR headset pops up in FCC documents (9to5 Google)


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Photo via Unsplash

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.