Wearable Technology Market to reach USD 35.48 bn by 2024, Alphabet Inc. and Apple Inc. emerge as Key Contributors to growth

Technavio has been monitoring the wearable technology market and it is poised to grow by $ 35.48 bn during 2020-2024, progressing at a CAGR of over 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005187/en/

Technavio has announced its latest market research report titled Global Wearable Technology Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19

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8 wearable tech companies Google could buy that aren’t Fitbit

  • Google’s deal to buy Fitbit is on the ropes. Despite making concessions to appease regulators, competitors say it’s not enough.
  • But Fitbit isn’t the only wearable tech company that could help Google take the fight to Apple.
  • We asked analysts to pick out some other companies Google could potentially acquire if the Fitbit deal doesn’t go through – or even if it does.
  • Visit Business Insider’s homepage for more stories.

We’re approaching a year since Google declared its plan to acquire wearables company Fitbit for $2.1 billion, and the deal still hasn’t closed. 

The acquisition has been under intense scrutiny around the world, and right now European regulators are digging deep into the deal. Earlier this week it was reported that the merger could be close to clearing after Google offered some concessions to regulators, but Reuters now reports that rivals say these aren’t enough.

Google showed us this week

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Southampton Chair in Emerging Technologies targets invisible and ubiquitous wearable technologies | Electronics and Computer Science

Published: 2 October 2020

Professor Steve Beeby is one of the world’s foremost experts on electronic textiles and energy harvesting

Professor Steve Beeby from the University of Southampton has been awarded a prestigious Chair in Emerging Technologies to pioneer reliable e-textile systems that are invisible to the wearer.

The Electronics and Computer Science professor is one of just eight UK-based researchers to share £22 million of funding from the Royal Academy of Engineering.

The research will exploit printed active materials, flexible circuit technologies and textile engineering to integrate sensing, electronic and energy harvesting/storage functionality within a single textile.

Professor Beeby, Head of the Smart Electronic Materials and Systems (SEMS) group, says: “We all come into contact with textiles every day of our lives – in our clothes, inside our homes and in our cars – which makes fabrics an ideal platform technology that can, for example, monitor our

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The Hologram AR Function Developed by Microsoft, Google, Apple, and WIMI Pave the way for Smart Wearable Device – Press Release

HONG KONG, Sept. 28, 2020 (GLOBE NEWSWIRE) — Many big tech companies are now developing smart glasses and AR helmets, hoping that they can replace smartphones one day. Microsoft, Google, and Apple all have their own products. If smart glasses can really replace phones and computers, it will certainly be a huge market.

Google

When Google Glass came out, it was said to have attracted lots of attention. The global attention of science and technology was focused on Google Glass; however, the first battle of Google Glass should be regarded as a failure. Google has launched a new version of business Google Glass, adding a lot of AR programs. The map part of the glass is more user-friendly, since it shows the specific route of the map in the glasses, and the parameters of other behaviors can also be seen.

Apple

Instead of glasses, Apple introduced a helmet. Apple plans

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Wearable Technology Market Size Historical Growth, Analysis, Opportunities and Forecast To 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 25, 2020 (Market Insight Reports) —
Selbyville, Delaware MarketStudyReport.com Adds New Report about Global Wearable Technology Market to its database. This research covers the market landscape and its growth prospects over the coming years. The global Wearable Technology market is valued at 27830 million US$ in 2020 is expected to reach 50530 million US$ by the end of 2026, growing at a CAGR of 8.8% during 2021-2026.

Wearable technology, wearables, fashionable technology, wearable devices, tech togs, or fashion electronics are smart electronic devices (electronic device with micro-controllers) that can be incorporated into clothing or worn on the body as implants or accessories. One of the most important factors is technological innovations and advancements, which led to the introduction of new products.

Request a sample Report of Wearable Technology Market at: https://www.marketstudyreport.com/request-a-sample/2482932?utm_source=Marketwatch.com&utm_medium=Ram

Coverage of the Wearable Technology

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Can wearable technology help older adults maintain healthy lives?

apple watch
Credit: CC0 Public Domain

Older adults who are physically activity are more likely to remain healthy and maintain their independence. Research indicates that self-tracking of physical activity supports healthy living for people of all ages, but older adults have been slower to adopt new technologies like movement trackers. A new project funded by the National Science Foundation will examine how to leverage wearable technology to encourage older adults to be more active.

David Conroy, professor of kinesiology and human development and family studies at Penn State, is collaborating with a team of leading researchers from the University of Maryland’s College of Information Studies (iSchool) in this study. The project team is developing innovative wearable technology tailored to track the movements and activities of older adults, age 60 and over. Combined with the development of teachable interfaces, the project aims to enhance the motivation of older adults to engage in physical

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Willow, the startup making the wearable breast pump, raises $55 million

Willow, the startup company making a new, wearable, breast pump for women, is capping off a frenetic 2020 with $55 million in fresh funding as it looks to expand its product line to more offerings for new mothers.

The company is coming off a year which saw sales increase, and Laura Chambers, the former eBay and Airbnb manager, take over as chief executive and now, with the new capital, it expects to be bringing new products to market beyond the breast pump in 2021.

A March 2020 report from Frost & Sullivan put the total size of the femtech market, including technologies for mothers, at just over $1 billion with growth rates of 12.9%. So the category is small, but growing quickly as more tools come in to provide services in what is a woefully underinvested sector. Indeed, the $155 million that Willow has raised to date puts the company

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